Version: CN
Wrapping up 2024 on a high note, global real estate agency IQI, and member of the proptech leader Juwai IQI, has officially launched IQI Montenegro!
This strategic expansion into the beautiful Adriatic coastline allows IQI to connect international investors with local real estate know-how in one of Europe’s most promising markets.
Montenegro, celebrated for its breathtaking landscapes, rich cultural heritage, and dynamic economy, is swiftly emerging as a prime destination for luxury tourism and foreign investment.
It boasts four UNESCO World Heritage sites, a dedication to protecting its environment, low living costs, an easy residency process, as well as serving rapid growth in both its economy and home market.
Juwai IQI Co-Founder and Group CEO, Kashif Ansari expressed his excitement saying, “Montenegro has attracted many buyers from Europe and Turkey. In the future, it is expected that buyers from Greater China, East Asia, India, and Southeast Asia will further enhance the country’s appeal as a tourist destination.”
With everything from ski resorts to super yacht marinas and an average of 240 sunny days a year, Montenegro is a rapidly growing hotspot for high-end tourism.”
Kashif Ansari
In 2023, the country attracted a remarkable 2.6 million tourists, highlighting its status as a top-tier locale.
With a supportive pro-business government, an appealing 9% corporate tax rate, and equal opportunities for both local and international investors, Montenegro is not just a stunning retreat; it’s a bustling hub for global investment.
Juwai IQI Co-Founder and Group Managing Director, Daniel Ho continues, “Montenegro’s real estate market is demonstrating remarkable growth, with inflation-adjusted residential prices rising by 16.6% year-on-year in Q2 2024. And we believe IQI Montenegro is well placed to benefit from future growth in Montenegro’s tourism and real estate sectors.”
This is a country that people love from their first visit. It has increasing appeal for global investors, second home buyers, and relocators.”
Daniel Ho
Rade Vukovic, CEO of Golden Group and Astra Real Estate Montenegro will now become IQI Montenegro’s new Country Manager.
“Montenegro’s appeal extends beyond its stunning landscapes and historic cities. I am extremely proud of my country for its high quality of life and low cost of living,” said Rade Vukovic.
Overseas buyers will appreciate the ease to obtain residency. We have all the infrastructure that international buyers need, from a burgeoning international school sector to five-star developments, and excellent international transport links.”
Rade Vukovic
Astra Real Estate has both local expertise and access to the kind of property and investment opportunities that will appeal to buyers from our 27-nation network of agents.
The team has a proven track record developing sustainable projects and are currently working on a range of projects from single-family villas to a new eco ski resort and five-star resort hotel.
As part of the IQI network, Rude Vukovic and his team will gain access to IQI’s cutting-edge technology, international agent super-app, Atlas, and an extensive network of 40,000 agents operating in more than 25 countries.
IQI Montenegro’s launch marks a significant step for IQI as it aims to expand its reach, enhance efficiency, and provide exceptional service to both local and international buyers.
Excited about investing in Montenegro property? Get expert advice from our professional real estate negotiators, who can provide you with the best market insights!
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