In Montenegro, almost 90,000 apartments are used seasonally, and more than 71,000 are empty. The Investor writes about this, referring to the latest Monstrate data (2023).
Total number of apartments in Montenegro cities
- Podgorica: 86,888
- Bar: 41,729
- Budva: 33 918
- Herceg Novi: 29,696
- Ulcinj: 24,793
- Tivat: 15 264
- Kotor: 16,898
In some seaside municipalities, more than 45% of apartments are not permanently used. This suggests that more and more housing is being purchased for investment purposes.
According to the authors of the publication, the country needs a new housing policy that will promote a balance between the market and social sustainability.
Source: Investor
