MARKETS
Montenegro’s financial sector is entering one of the most transformative periods in its modern history.…
Tivat is no longer just a coastal town. It is Montenegro’s winter Riviera—a place where international…
Herceg Novi is a town built for winter—unintentionally, but perfectly. Its microclimate is softer than…
Budva has two personalities. In summer, it is loud, busy, and intensely commercial. In winter,…
Kolašin is the center of gravity of Montenegro’s winter economy. It has become the country’s…
Durmitor is Montenegro’s most iconic mountain, and Žabljak is its winter capital. Yet calling Žabljak…
Prokletije—the “Accursed Mountains”—are anything but cursed. Under winter snow, they are one of the most…
Mojkovac and Berane are not glamorous. They lack the postcard drama of Durmitor or the…
Podgorica is not a postcard city. But it is the engine room of Montenegro’s entire winter economy.…
LATEST NEWS
Montenegro recorded approximately 2.29 million tourist arrivals and 12.79 million overnight stays in January-August 2026, up 9.09% and 8.15% year on year. Foreign visitors drove most of the growth, while a separate measure showed real retail turnover up 4.7% in the third quarter.
Real estate accounted for 50.79% of Montenegro’s gross foreign direct investment inflow in the first eight months of 2026. The Central Bank’s assessment flagged strong price growth, possible overvaluation and expanding residential lending.
Montenegro’s central bank is preparing broader borrower-based lending measures from 1 January 2027, as housing credit, property prices and household indebtedness rise. The framework would assess affordability and collateral risk without imposing one identical limit on every borrower.
Coastal resorts accounted for 90.3% of overnight stays in Montenegro’s collective accommodation in September 2026, MONSTAT data showed. The figures highlight the concentration of organised tourism on the Adriatic coast and the work needed to develop demand elsewhere.
