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NewsThe luxury real estate market in Montenegro is stable

The luxury real estate market in Montenegro is stable

The quality of real estate will have to increase because the way of life is becoming very important. Green building and content are priorities, not only for Generation Z, but also for luxury real estate buyers in general, and it is the absolute future. Buyers are aware – they are looking for added value: green areas around real estate, facilities such as reception, swimming pools, gyms, good materials and energy efficiency. There’s a lot more demand for it than there was a decade ago, and the awareness and potential are greater.”

With these words, Niko Laković, a partner in Montenegro Sotheby’s International Realty, announced a new trend in the segment of luxury real estate. Today’s customer is changing, he is not the same as he was 10 years ago, and the market must accept and adapt to it. The luxury real estate market in Montenegro is stable, very dynamic and a good trend is expected in the future as well.

“Interest in Montenegro is taking the form of a mature market, the trend of interest is stable and as far as projects are concerned, I see that Montenegro is gaining more and more value that it should have.” The advantages of living by the sea are being recognized, especially in resorts, and I am quite sure that in the future less and less classic buildings will be built, and more and more settlements and resorts with additional facilities.” our interlocutor points out.

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Laković recognized the opportunities offered by the real estate market, especially the luxury ones, after returning from his studies in London. After working for two large investment houses, Pluto Developments and Black Mountain Development, at the end of 2009 he decided to open the company Luxury Homes, and then to start the Nekretnina.me portal, which quickly became one of the leading real estate websites in Montenegro. , but also to the region.

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