Question 1

Can foreigners buy property in Ulcinj, Montenegro?

Accepted Answer

Yes — foreign nationals can purchase freehold property in Ulcinj on the same legal basis as Montenegrin citizens. Transactions are completed before a notary and registered with the Real Estate Administration.

Question 2

What is the average property price in Ulcinj?

Accepted Answer

Ulcinj property currently trades in the €1,000 – €2,200/m² band, with an average around €1,500 per square metre. Newer builds and seafront locations command a premium.

Question 3

Is Ulcinj a good place to invest in Montenegro?

Accepted Answer

Ulcinj is the most undervalued coastal market in Montenegro. With EU accession, the gap with Budva/Tivat is expected to narrow. Strong seasonal rental demand from kitesurfers and Albanian tourists.

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