Which Is The Best Place Near Europe To Invest In Real Estate?

Have you thought about investing in European or near Europe for real estate? Maybe you've pondered the optimal location for such an investment. Real estate stands as a secure asset that can contribute to the gradual growth of your wealth. To ensure the success of your real estate venture, it's essential to select a location that offers maximum value for your investment without exceeding your budget.

First of all, real estate investment involves acquiring property for the purpose of generating income, distinct from using it as a primary residence. It can be broadly defined as any parcel of land, building, infrastructure, or tangible asset that, although often stationary, is transferable and utilized to yield a profit. The main benefits of real estate investment is you can get the European Golden Visa Program By Investment, high returns on investment, Tax breaks and deductions, Better protection for your assets. With its exceptional landscapes, idyllic villages, enchanting sea, top notch gastronomy, incredibly rich history and culture, and so on, Montenegro is home to magical contrasts that manages to satisfy even the most demanding world travelers and explorers.

Montenegro, situated on the Adriatic Sea and nestled within the Balkans, stands as one of Europe's smallest nations. Notably, it ranks as the seventh country globally with the highest concentration of UNESCO-protected areas per square meter. Boasting the deepest canyon in Europe, and the second-largest worldwide, Montenegro has emerged as a favored travel destination in recent years, and one of the best destinations for the real estate investment.

Young, Stable Democracy with an Open Economy

This small nation, with a population of around 650,000, has harnessed its pristine natural beauty and favorable economic and political conditions to establish itself as one of Europe's most appealing tourist destinations. The robust growth in overall economic activity is predominantly steered by the tourism industry, acting as a catalyst for investments across various sectors. Notably, there are plans for a total additional investment of €3.2 billion along the picturesque Montenegrin coast.

Business Friendly Environment

Montenegro boasts one of the lowest corporate and capital gains tax rates in Europe at 9%, coupled with welcoming conditions for new businesses, strong property rights, and a competitively priced, well-educated young workforce. Its full membership in esteemed institutions such as the World Bank, IMF, and EBRD since 2007, followed by accession to the WTO in 2012, reflects its commitment to global economic cooperation. Furthermore, the ongoing progress towards NATO and EU membership underscores Montenegro's dedication to achieving and maintaining both political and economic stability.

Tax Breaks and Deductions

International real estate investors have the opportunity to leverage various tax breaks and deductions, providing significant cost savings. Deductions are applicable to the expenses associated with owning, managing, and operating a property. Additionally, the expenses related to acquiring and enhancing an investment property can be depreciated over its useful life. Consequently, investors can benefit from decades of deductions, effectively reducing their taxable income and contributing to long-term financial advantages.

These are the major benefits of investing in Montenegro.

Still confused about choosing the best builders or the organization for the further process then we’ll help you to guide you.

Rock 1 Builders, pioneers in property development and real estate management, has an unblemished track record of 25 years promoting townships, residential apartments and commercial spaces. You’ll get Citizenships by Investment Programs in Montenegro with us. Our team of experts will guide you through the entire process, ensuring a seamless experience as you navigate the requirements and procedures.