Real estate rental prices in Montenegro have risen by 50 percent due to higher demand since the start of the special operation in Ukraine, while the sale price of real estate is increasing due to rising construction material prices, reports RTCG.
The Montenegro Chamber of Commerce says that the significant jump in prices for all construction materials, influenced by market disruptions, has led to rising apartment prices.
On the other hand, as they explained, citizens who have money want to protect its value from obvious inflation by buying real estate, so in recent months there has been increased demand for real estate.
In agencies, however, they say that Ukrainians are renting, but not buying, property. This has significantly increased apartment rental costs in Montenegro by up to 50 percent.