Quarterly Gross Domestic Product of Montenegro among the highest in Europe

Real Estate Sector of Montenegro: A Flourishing Market

Montenegro’s real estate sector has experienced significant activity over the past three years, and 2024 is set to continue this momentum. The country is becoming a key second-home destination thanks to its strategic location, stunning landscapes, appealing lifestyle, and investment-friendly climate. Several prime residential resorts are currently under development, attracting diverse investors.

Montenegro’s GDP in the first quarter of 2024 was 1 354.0 million EUR, compared to 1 232.2 million EUR in the same period of the previous year. The real growth rate of gross domestic product in the first quarter of 2024 was 4.4%.

Source: Statistical Office of Montenegro
The GDP growth rate achieved is among the highest in Europe.

News from the Panorama Hill Resort portfolio –
Villa in Briska Gora, Ulcinj

Our villa in Briska Gora will soon be a place where you will wake up in the enchanting beauty of nature and the most breathtaking view of the sea, with the high mountains in the background, in this part of the world. We know that home is not just a place; it is a feeling that envelops you like a warm embrace.

The newly built villa has a living area of 270m2. With 2 large bedrooms, a large bathroom with shower, office, conference room, living room, kitchen, storage room, laundry room and utility room with toilet and shower. The terrace on three different levels of approx. 900 m² is currently being completed.
The pool has a countercurrent system and is 10×6 meters and 2.00 meters deep.

Another extension with around 230 m2 of living space is currently under construction, which will be expanded to include another 2 bathrooms, 1 toilet, 1 apartment, 1 kitchen, a winter garden, 2 living rooms and 2 bedrooms.
There is also an outdoor kitchen and two barbecue areas, as well as a whirlpool with views of the mountains and the sea.

The entire villa will then have a pure living space of 500m2 according to German standards. The German developer will be ready in three months. It is up to the buyer how the rooms, apartments and/or the conference room in the annex should be divided up.

The parking space for the yacht, car or SUV is 400m2. This means there are enough parking spaces available.

We have our own water source with a depth of 270 meters, our own electricity, our own organic fruit and vegetables. Everything you need: exclusivity, eco, nature, freedom, the most beautiful view in the most beautiful country in Europe. You could also say that this is the perfect place to enjoy your freedom and peace until the end of your life.

In addition, in the immediate vicinity there is a breathtaking view of the lake surrounded by high mountains, which invites you to take a walk through the nature reserve.

The property is 12 minutes from the oldest city on the Adriatic coast, 7 minutes from the longest sandy beach and 50 minutes from the capital of Montenegro, Podgorica. Suitable for returnees who are looking for solitude and want to spend their retirement in peace, as well as for entrepreneurs with an entrepreneurial streak.

GCI Unit Montenegro
Rruga e Malit Bris, Briska Gora
85360 Ulcinj, Montenegro