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Lustica Bay situated just a few kilometres from the UNESCO world heritage resort of Kotor is a new multi-billion-euro town development project, built in partnership with Orascom & the Montenegrin Government.

Tourism is a highly important economic entity for Montenegro contributing a total of around 25% of its GDP, welcoming more than three times its overall population in foreign arrivals every year.

I know that we’ve gone on quite a bit now about new hotels opening within Montenegro but all this does is provides evidence of the progress that Montenegro is making within the tourism sector, which is only a good thing if you are looking to buy a second home here or move to the country for a permanent lifestyle change. Tourism brings about so much more, other than just an influx of people during the holidays!

Montenegro is already home to the popular luxurious development resorts of Porto Montenegro and Lustica Bay, so it should come as no surprise that a new multi-purpose lifestyle resort is nearing completion at Bigova Bay which is close to the UNESCO World Heritage site of Kotor, and is around 5km from the main tourism airport of Tivat.

Following on from last week’s news that Melia International were building a new hotel in the coastal resort of Becici, it’s now the turn of the Pullman Hotel Chain who have recently announced their latest Investment project in Bar, with the Pullman Resort & Residences Project due to open in 2025.

One of the world’s largest hotel chains has announced continued investment in Montenegro today with plans for a new Hotel Development, which is set to be built in the coastal town of Becici and will open in 2025, offering superior accommodation options and a first class service.

Montenegro might not be the place that one would immediately think of when looking at places in which to Scuba Dive, but with many underwater cliffs, caverns, shipwrecks and a plethora of Marine life along with crystal clear warm waters, it’s becoming a growing trend which is beginning to have a highly positive impact on the country’s increasing tourism.

Choosing a place to stay in 2023, tourists are choosing Montenegro as one of the best options. And not in vain!

There are many stories and legends which might give you an indication of where the ‘Black Mountain’ name for Montenegro comes from, but in order to understand it’s true origins we have to take you back to the time of the 15th Century when much of the country was ruled by local Noble families of the Zeta Medieval Principality.

Are you a fan of Zip Lining? If so, then a visit to the Durdevica Tara Bridge in the Mountains of Northern Montenegro offers the perfect adventure.

You’ve worked long and hard so now you deserve to retire in style! Have you considered Montenegro, if not then why not?

CMM Investment Consulting group took part in one of the world's leading real estate events - MIM in Munich!

On March 17 and 18, CMM Investment Consulting group showed guests a wide selection of real estate in Montenegro and Turkey

Montenegro’s Prime Minister Dritan Abazovic recently announced that in 2022 Montenegro achieved tourism revenues of €997m, just €50m short of the total figure for 2019, which is an amazing achievement for a country which is home to just 619,000 people.

Over the last few years Montenegro’s government and representatives have been pushing hard for further foreign investment, and having received a significant amount of interest already from the likes of Germany, the USA & the UK it’s no surprise that investors from some of the UAE’s top global groups are now following suit.

Tourism is a huge benefactor for Montenegro’s economy responsible for around 25% of their entire GDP, so it will come as a major boost that tourism figures were nearly double in November this year (91,263 visitors) compared to November 2021 (45,665).

Montenegro is one of the most accessible countries in Europe! No wonder so many come and stay here for the rest of their lives!

International corporation CMM Investment Consulting Group is awarded by the experts at Luxury Lifestyle Awards in the category of Best Luxury Real Estate Investment Consultancy in Montenegro for 2022 

Much like Spain, Croatia, Portugal & other countries throughout Europe, there is talk of Montenegro introducing a Digital Nomad Visa imminently in order to attract top digital talent to the country on a more permanent basis. If approved by the government, the scheme could be a game changer for those wishing to live & work in Montenegro, without having to apply via the current visa rules & regulations.

For our clients there are special offers and privileges in SPA, restaurants and discounts on car rental! Bad weather does not interfere with your holiday. Write us to organize your time at a nice price!

Back in June of this year one of the UK’s largest Budget Airlines (Ryanair) released their Winter schedule, which included a brand new route between their base in Manchester and Montenegro. Already proving to be highly popular, the first few flights travelled the new route in early November, and it’s the first time that Manchester and Podgorica have been linked with a non-stop service.

New data recently released by Tranio (International Property Portal & Brokers) shows that Montenegro is still one of the most favoured places in Europe for investors looking to qualify & take advantage of the Golden Visa programme.