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Other Considerations
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Description: Since declaring independence from Serbia in June 2006 Montenegro's government has been keen to pursue the twin goals of stimulating tourism growth and increasing its attractiveness as an EU candidate. With EU membership projected for 2014, and EU funds allocated to improve infrastructure, the country looks likely to continue the strong 6% GDP growth of recent years. Montenegro has also been placed in the top three destinations in the world by the World Tourism & Travel Council in terms of forecast growth in this sector over the next decade - the highest figure in Europe and an excellent signal to the rental potential of suitable properties. Coupled with the country's great beauty and thriving economy, the country is also becoming increasingly popular with investors. Since 2005 land values have significantly increased, and popular tourist destination the UNESCO-protected Kotor fjord's landscape of steep mountains rising from deep waters naturally restricts over-development, limiting supply |
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