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“The scenery is amazing, the air is as fresh |
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which has now had apartments built on. But that still left them with the question of where to buy property. They carried out further investigations and noticed one country kept popping up wherever they looked as an up-and-coming hotspot: Montenegro. right on the seafront, through Montenegro Living,” explains Steve. “The minute I saw it I thought it looked fantastic, so I got them to email me through some photos in order to get a better idea. caught their eye was ideally situated, just eight metres from the water’s edge, and the couple decided to put an offer in for £42,000. But even they didn’t realise just how fierce the competition was in Montenegro, and how quick you have to act to secure your property before someone else gets in. deposit down quickly we’d lose it. We’d had our offer accepted but in Montenegro until you put the ten per cent deposit down it’s not secured, and someone else had got in and made a higher offer. increase our offer and pay a deposit without seeing it something I always said I’d never do. But we managed to pip them at the post, and then had to drop everything at home and fly over straight away to finalise the deal. It was sorted in eight hours”.
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buy an investment property to let out. But all that changed as soon as they arrived in Montenegro and saw its breathtaking scenery in the flesh. place,” enthuses Steve. “We’ve travelled a lot but it was by far the most amazing place we’ve ever been to. So we decided to use the property ourselves”. bitten by the Montenegro bug, and with some money still left over, on their next visit out to Montenegro in April 2006, the couple decided to buy another apartment, this time in the medieval Old Town. time,” explains Steve. “We saw that the prices had already gone up a lot by April, and you get a real buzz for it every estate agent had English, Irish or Russian people in it looking for property. Montenegrin agency to help them in their search. Originally they had planned on buying in the Zabjlak ski range, seeing it as a future hotspot but a four- hour drive on “treacherous” roads soon put paid to that idea, and they opted for what they saw as a much safer investment, the Old Town. the stone-built one-bedroom apartment, perfectly positioned in the heart of the small town, looking down on the winding medieval alleyways. |
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