June 11, 2019 - A brief overview of the 2019 property market in Montenegro from local market specialists, RE/MAX.
Interest in Montenegro is intensifying, and so too are sales in its booming property market. Where 15 years ago the coast was the only place which interested foreigner buyers, these days the capital Podgorica is also attracting plenty of buyers, and more investors are taking a look at northern Montenegro with an eye to the future.
So what are the current prices, and which are the areas to watch out for? An overview of the current market from local property market specialists, RE/MAX.
SELLING/BUYING
The price per square metre in Podgorica varies considerably depending on the location. Demand is highest in the area Preko Morače and the prices there range between €1.000 and €1.150 per m2 in the older buildings, while prices in new buildings range between €1.250 and €2.000 per m2. However, prices in the new buildings are lower in the other parts of the city (€1.000 – €1.200 Ljubović, Pobrežje, Stari Aerodrom; €1.400 Morača river towards Vezirov most) with one-bedroom and small two-bedroom apartments being highest in demand.
One bedroom apartment, Tolosi, €49.000
Studio, City kvart, €57.000
The coastal market, however, remains the most dynamic property region, and Budva and Tivat are the most in-demand locations. Prices there range from €1,500 to €4,000 per m2. Properties within large residential projects can be bought at prices between €3,000 and €8,000 per sqm. In addition, such projects usually provide full property management services which make these properties an excellent investment. Prices in Bar vary from €1,300 to €1,800 and the situation is similar in Herceg Novi. On the other hand, the price per m2 in northern Montenegro range from between €500 and €700.
Two bedroom apartment, Kotor, €160.000
One bedroom apartment, Tivat, €139.000
RENTING
The longterm rental market in also very busy in Montenegro. Monthly rents in Podgorica vary from €300 to €650 for one and two-bedroom apartments and from €800 to €1,300 for three-bedroom apartments in Preko Morače and City kvart areas. On the other hand, monthly rents in other parts of the city are significantly lower – €200 to €550. Similar properties on the coast can be rented at somewhat higher prices: studios and one-bedroom apartments range from €350 to €600, while monthly rent for two and three bedroom apartments range from €800 to €1.500. To rent a property in the north of the country is the cheapest option – from €100 to €500 per month.
Studio, Podgorica, €220
One bedroom apartment, Budva, €400
To learn more about the real estate market and catch the latest deals, visit the RE/MAX Montenegro website.
M: tel is organizing a prize contest called "Navijaj srcem" (“Cheer with your heart”) for its users of mobile and landline phones, television and Internet.
Participants can win five trips to the ceremony for the Basketball World Cup which will take place in China at the beginning of September 2019. The 12-day trip, except cheering on Montenegro basketball players at the matches on September 1st, 3rd and 5th in Nanjing, includes tours to Shanghai and Beijing. The journey will last from August 29th, 2019 to September 9th, 2019. The offer includes air transport, accommodation, visa and tickets for the matches of Montenegro at the World Cup.
The contest lasts from June 11th, 2019 to August 10th, 2019 and has two rounds:
For the right to participate in the contest, you must have:
• Postpaid users who, by the end of the current round, pay the last bill, do not have any outstanding debts and receive the bill via email (or register for the same during the contest period);• Postpaid users that are part of a business package that is fully responsible for paying the bill, who by the end of the current round pay their last bill, do not have any outstanding debts and receive bills via email (or register for the same during the contest period) and
• BOX users who by the end of the current round, pay the last bill, do not have any outstanding debts and receive the bill via email (or register for the same during the contest period).
Awarding the prizes for users who have fulfilled all the requirements will be supervised by a special three-member commission, by a random selection method for each round individually:
The prize winners will be contacted by m: tel (by telephone and / or by SMS) and will receive a notice of award as well as the venue and method of collecting the award. The winners will be published on the web site m: tel on the first working day after the prize draws.
One user can only receive one prize, and if the winner is not able to use the won journey, he/she may give it to another person, with the written consent of the winner and the person to whom the journey is given.
More information about the full offer of m: tel can be found on Mtel's Facebook page Mtel Imate prijatelje , the web site www.mtel.me as well as by calling the Customer Service at 1600.
Text by Vijesti online, on June 10th, 2019, read more at Vijesti
From the 22nd to 29th of June, Montenegro will host the 40th World Medical and Health Games, which will host up to 2,000 participants, according to the organizer's expectations.
Along with the Games, the International Symposium on Medicine will be organized in Budva. The organization of the Games, as quoted by the Ministry of Sustainable Development and Tourism, costs 487,690 euros. In the information from the government session that was held on Thursday, it was reported that the expected profit from the event is between 1.6 and 2.3 million euros. For the organization of the event, MORT will pay to the company Liverty International 130 thousand euros, excluding taxes.
It's a sports event intended for health workers. The games were first organized in Cannes in 1978, and since then they have been organized every year in a different state. They gather more than 40 countries, and participants compete in 24 individual and team disciplines.
Last year the Games were held in Malta, and Montenegro, in competition with France and Italy, was elected as the destination for this year's competition.
Text by Damira Kalac, on June 10th, 2019, read more at Vijesti
In Montenegro, 266 unregistered drone operators have been registered, but the number of drones in use is significantly higher, as reported by the Civil Aviation Agency.
In order to regulate as many drones as possible, the Agency has launched an educational campaign on safe drone management this year.
"The agency, through the conduct of this campaign, insists on following up the regulatory frameworks of civil aviation by drone operators, so as not to endanger the safety of air traffic, but also endangering people and property on the ground," the statement states.
The Agency says that drones experience a real expansion, not just for recording from the air, but are also very useful in monitoring the infrastructure, forestry, agricultural, road traffic, and the like.
"It is important that all those who operate drones adhere to certain rules in order to avoid unwanted events such as crashing with other aircraft or their falling to the ground, which can endanger people's lives and property," they said.
They add that they have signed an agreement with the Police Administration to combat the illegal use of drones, thus making it easier, in joint activities, to perform more effective surveillance measures of drones.
The Agency stressed that all operators whose drones weigh more than half a kilogram, with a flying range of more than 15 meters and a height over ten meters, should be registered with the Agency, which is free of charge.
They explained that the approval of the agency to perform drone operations is only needed when it comes to drones of higher weight and if it is flying closer to urban environments or people's gatherings.
"It is absolutely forbidden to fly at night near the airport, as well as ejecting objects from the drone during flight, it must be within the field of vision of the operator at all times and up to 500 meters distance horizontally and up to 150 meters above ground or water," reminded the Agency.
Drones, as they add, must not approach a gathering at less than 150 meters and a distance of fewer than 30 meters from people, animals, objects, vehicles, vessels, other aircraft, roads, railways, power lines and similar facilities.
In the case of the illegal use of drones, there is the possibility of financial penalties and the initiation of court proceedings due to endangering the public order.
The Agency said that to combat the illegal use of drones, they cooperate with other state authorities and institutions.
"We want through this cooperation, but also the current educational campaign, to further emphasize the importance of safe drones management, without limiting the potential for progress and innovation in this growing industry," they concluded.
Text by MINA News, on June 10th, 2019, read more at Vijesti
10 June 2019 - The Director of the Public Enterprise for Coastal Zone Management of Montenegro, Predrag Jelušić, presented a total of 29 Blue Flags to various swimming areas (beaches) and one to Marina Bar, which is the only marina in Montenegro that has this prestigious ecological feature, reports National Tourism Organization of Montenegro.
The iconic Blue Flag is one of the world’s most recognised voluntary eco-labels awarded to beaches, marinas, and sustainable boating tourism operators. In order to qualify for the Blue Flag, a series of stringent environmental, educational, safety, and accessibility criteria must be met and maintained.
The Blue Flag program has been implemented in Montenegro since 2003 when NGO "EKOM" became an associate member of the Foundation for Environmental Education and thus acquired the right to be the National Operator for Montenegro. PE for Coastal Zone Management immediately recognized the importance of the Blue Flag and from the very beginning became the general sponsor and supporter of the Program, which is one of the most important activities related to the responsible management of the coast and beaches.
The Blue Flag is awarded for the current season based on the results from the previous season, which are assessed by the National Commission consisting of the representatives of the relevant Ministry of Sustainable Development and Tourism, the Public Enterprise for Coastal Zone Management, the Red Cross of Montenegro, the Port Management, and the environmental NGOs. At the beginning of each year, they review the statements and reports of beach tenants and analyse the fulfilment of 32 criteria in the area of safety and services on beaches, quality of seawater and environmental activities, regardless of the number of years spent in the Program.
Based on the proposal of the National Commission, each year the international jury awards certain swimming areas (beaches) with the Blue Flag. The jury gathers and makes the decisions in Copenhagen each year at the end of May. Members of the international jury are representatives of renowned institutions such as the World Tourism Organization (WTO), the Foundation for Environmental Education (FEE), the International Rescue Organization (IRC), the UN Environment Program, The International Council of Marine Industry Associations (ICOMIA) and others.
Blue Flag Awarding is based on meeting the criteria in four basic areas: ecological education and information, water quality, ecological management and safety and service. For beaches, from 2017, it is necessary to comply with 33 criteria, out of which 28 are imperative and 5 are recommended. Some of the necessary criteria are: ecological and educational activities, highlighted map of the beach with marked different contents, compliance with requirements and standards regarding frequency of sampling of sea water, fulfilling requirements and standards in terms of microbiological, physical and chemical parameters of sea water, sanitary facilities with controlled drainage, emergency response plans etc.
Read more about exploring Montenegro at TMN's dedicated page.
11 June 2019 - LLC Parking Service Budva recently issued a report informing the users that the installation of a new camera-based parking guidance system at the entrance ramp to Old Town Budva is currently in progress. This solution should ensure the efficiency of traffic functioning and eliminate the human factor in the regulation of this sensitive zone.
Camera-Based Parking Guidance System relies on the detection technology. Thanks to the installation of this system, the software is able to supervise spots on both sides of the hallway, giving detailed information on the rotation, occupancy rates and infringements in the parking.
The installed cameras, according to the Parking Service representatives, will recognize and note the vehicle license plates from the issued tickets database and will only allow the entry of the cars whose owners have purchased the ticket.
Within the next several days, all the data from the tickets database will be collected and processed within the software, which will provide the conditions for the proper functioning of the traffic. The Parking Service representatives note that they are making great efforts to enable this service at the very beginning of the summer tourist season.
“Additionally, we inform the users that from today, on the parking lot at the Old Bus Station, the existing billing per hour has been abolished, so users are instructed to make more use of this zone for parking purposes, in order to reduce the summer crowd on the promenade towards the Lučka kapetanija, “says the report from the Parking Service.
Parking Service Budva offers general and special parking lots on the territory of the Municipality of Budva (Budva, Bečići, Petrovac). In the municipality of Budva, there are 9 special parking lots, garage in TQ Plaza and 3 seasonal parking lots in Petrovac. The capacity of these parking lots is around 1600 parking spaces.
Read more about lifestyle in Montenegro at TMN's dedicated page.
10 June 2019 - Prime Minister Duško Marković recently hosted representatives of EasyJet, EasyJet Holidays and Karisma Hotels & Resorts. During the meeting, it was noted that Montenegro is an attractive tourist destination which has enormous potential for further development and growth, which is a great opportunity for airline companies such as EasyJet.
"The Government is strongly committed to the development of tourism, but also to improving the overall infrastructure as a key precondition for further progress of this branch of economy," said Prime Minister Marković.
He recalled the plans for valorisation of airports in Podgorica and Tivat, which is crucial for further development of tourism, given that Montenegro is mainly a flight destination.
Prime Minister Marković pointed out that the Government is open to a strategic partnership with EasyJet, which, according to Chief Executive Officer of EasyJet Johan Lundgren, is interested in long-term investments. This company, through EasyJet Holidays, is interested in offering its customers a unique holiday offer in Montenegro, and it is partnering with Karisma Hotels & Resorts, which has a hotel complex in Ulcinj.
EasyJet is considered one of the best low-cost companies. In Europe, it is the second largest airline with over 1,000 routes and, according to company management, exceptional operation and low operating costs.
So far, EasyJet has carried about 60,000 tourists on flights from London and Manchester to Tivat and flights from Geneva. They believe that the potentials of Montenegro, and especially its position in the region, give the conditions for further long-term development and increase in the number of tourists.
“Tivat, the seaside home of the country’s international airport, now benefits from multi-million-dollar marina Porto Montenegro, often nicknamed the Monte Carlo of the Adriatic: an extravagant spot of super yachts, luxury apartments, nightclubs, helipads and the country’s first five-star hotel. Whether it’s to go off the beaten track or to mix with the masses in Montenegro’s rapidly developing beach resorts, the country is embracing its new-found tourist industry and vastly developing as a result. Hinted by experts to be the next hit destination, there’s really no better time to go and see for yourself,” says the info report on Cheap Flights to Montenegro by EasyJet representatives.
Read more about business in Montenegro at TMN's dedicated page.
10 June 2019 - According to the recent statement of the Civil Aviation Agency of Montenegro published by local News Agency TVCG, the individuals who conduct illegal use of drones - uncrewed aerial vehicles (UAV) will face steep fines.
While they originated mostly in military applications, the use of drones is rapidly expanding to commercial, scientific, recreational, agricultural, and other applications, such as policing, peacekeeping, and surveillance, product deliveries, aerial photography, smuggling, and drone racing. Civilian UAVs now vastly outnumber military UAVs, with estimates of over a million sold by 2015.
Although 266 drone operators have been registered in Montenegro, the number of unmanned aerial vehicles in use is much higher. To introduce as many operators as possible into regulatory frameworks, the Civil Aviation Agency of Montenegro has launched an educational campaign on ways to safely manage drones. The representatives of the Agency highlighted that the cases of illegal use of drones will be punished.
"The use of drones is experiencing real expansion, not only for aerial recording, but they also prove to be very useful in controlling infrastructure, forests, agricultural goods, road traffic and the like. However, it is important that all those who operate the drones comply with certain rules, in order to avoid unwanted events, such as an airplane crash or dropping the drone to the ground, which could endanger the lives of people and property, "the representatives of Civil Aviation Agency explained.
As they pointed out, in order to prevent the illegal use of drones, the Agency signed an agreement with the Police Directorate.
"This agreement creates the conditions for more effective control of the use of drones by conducting joint activities,” states the report from the Agency. As they emphasize, it is of great importance to emphasize once again the basic regulatory requirements that are placed before drone operators:
Additional rules include the fact that "the drone must be within the field of vision of the operator and within 500 meters of the horizontal distance and up to 150 meters above ground or water. Also, the drone must be at a distance more than 150 meters from people’s gathering of and more than 30 meters from people, animals, facilities, vehicles, vessels, other aircraft, roads, railways, transmission lines and similar objects. In the event of illegal use of drones, there is the possibility of fines and court proceedings for violating public order and peace, "the Agency said.
Read more about lifestyle in Montenegro at TMN's dedicated page.
Six ecologic NGOs "Ozon", "Breznica", "Young Ecologists Society Niksic", "North Country", "Green Home" and "Durmitor Development Center" today at noon in the center of Zabljak started a tour symbolically named "Euroskop" which is supported by the Active Society Fund through the project "De facto Development", financially supported by the European Union.
"The start in Zabljak has a symbolic meaning, because 27 years ago, Montenegro, by unanimous decision of parliamentarians, was proclaimed an ecological state and is dedicated to the current topic of protected area management with a focus on the Durmitor National Park and Tara River. In the next five months, seven public events will be organized in the central city areas of Podgorica, Niksic, Pljevlja, Berane, Rozaje and Ulcinj, with the aim of better informing the citizens about Chapter 27 and everything that implies the negotiation process in this, most complex and financially demanding segment of the European integrations. Representatives of environmental NGOs will, through direct communication with citizens and interested institutions, consider all relevant information related to Chapter 27, the current report on Montenegro from 2019, published several days ago by the European Commission, the UNESCO Report on the NP "Durmitor", whose publication was announced for June 7th, local ecological plans and problems, and share educational and informative materials to make the public as interested as possible in monitoring the negotiation process and relevant projects being implemented or planned," says Aleksandar Perovic from “Green Home”.
During the realization of the campaign "Euroskop", mechanisms of public participation in the decision-making process in the field of environment and climate change will be presented, which will give a concrete contribution to the implementation of the Arhus Convention in Montenegro.
At the same time, signatures of the petition for the protection of Sinjajevina from the construction of military polygons were collected. Aleksandar Milatovic from GI "Let's Save Sinjajevina" thanked the citizens of Zabljak for their massive support.
Text by Obrad Pjesivac, on June 9th, 2019, read more at Vijesti
The exhibition of the Koran from 1579, in the Cultural center, marked the 450th anniversary of the construction of the Hussein Pasha Mosque in Pljevlja. The Koran of Hussein Pasha Boljanic, which is preserved in the same mosque in Pljevlja, is one of the most beautiful manuscripts of the Koran from the 16th century. "Today, for this mobile good of invaluable value, it can be said that it belongs to the order of national monuments located in our city. This Koran is one of the best examples of Quranic text in the wider area. It is decorated with intense colors including gold, green blue and red. The graphics are beautiful and large, and the ornament is varied. The Koran is in leather covers sized 39x 28.5 centimeters and a thickness of six inches. The weight is about five kilograms," said muezzin of Husein Pasha's mosque Jakub Durgut. He said the valuable book was not exposed to visitors due to the inability of adequate protection and appealed to anyone who could give their contribution to keeping the mobile good in the right way. "The first two pages of the Koran are particularly decorated with ornaments in more vibrant colors, among which gold and blue are especially highlighted. The Koran of Hussein Pasha Boljanic was created in 1579. The text is printed with black ink in 13 lines on 233 pages and has 352 miniatures made on a golden base."
Within the celebration of the 450th anniversary, at the hotel "Gold", a stamp issued by the Post of Montenegro was promoted for the jubilee. There are plans to hold a scientific gathering with the participation of historians from Montenegro, Bosnia and Herzegovina, Serbia, Croatia and Turkey, and a formal academy where honors will be presented to individuals.
The Hussein Pasha mosque in Pljevlja was built in 1569. The main designer of the mosque is unknown, and it is assumed that the plan was made by the famous builder Hajrudin - the designer of the Old Bridge in Mostar. By its type and architectural characteristics, Hussein Pasha's Mosque represents a unique building and occupies a prominent place among the monuments of Islamic art in this area.
The mosque is 17.2 meters long, 13.10 wide, and its walls are 112 centimeters thick. It is made of finely carved stone.
Above the entrance is a porch that is held by four marble pillars and is covered with three large domes. The interior of the mosque is illuminated with 25 windows, and the dome is richly decorated with arabesque. The 42-meter-high minaret is considered to be the highest in the Balkans.
The mosque is covered with a carpet from 1573 - a special and precious artwork that Hussein Pasha sent from Misir where he was the governor of that area.
Text by Goran Malidzan, on June 9th, 2019, read more at Vijesti