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NewsMontenegro sees 9% decline in real estate FDI in 2024; Turkish buyers...

Montenegro sees 9% decline in real estate FDI in 2024; Turkish buyers increase while Russian interest falls

Foreign direct investments (FDI) in Montenegro’s real estate sector totaled 237 million euros in the first seven months of 2024, marking a nine percent decrease compared to the same period last year.

“Although this represents a decline, the figure remains relatively high, particularly when compared to the record-breaking levels of 2023,” noted market analyst Darko Đikanović, according to Investor.me. He emphasized that current FDI levels in real estate still surpass pre-pandemic annual figures, highlighting sustained strong international interest in Montenegrin property.

“The top investors continue to be from Serbia, Turkey, Germany, Russia, and the USA,” Đikanović added. “The only notable shift from previous years is the reduced involvement of Russian buyers and the increased presence of Turkish investors.”

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