Overseas Property Focus
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| Added 16/12/08 | ||||
| Montenegro prime minister hopes for early entry into EU | ||||
During a visit to Bosnia this week, Montenegrin prime minister Milo Djukanovic told a press conference in Sarajevo that the country will continue with its initial intention to apply for EU candidacy before 2009. Djukanovic explained: “We are trying to agree on a compromise in talks with France and achieve what Montenegro has planned - to apply for a candidate status by the end of the year. “We have got full satisfaction after declaring independence: we have strengthened stability and come closer to our European goals.” Djukanovic said that EU status will reflect the increased social, political and economic stability achieved in Montenegro since 2006, when the country won independence. Liam Bailey, chief market analyst for overseas portal Property Abroad said: “It is the moment we have all been waiting for. One of the biggest strengths put forward when I was recommending Montenegro as an investment destination in 2007, was its path toward recent accession into the EU. “This has had a massive effect on other property markets in the region. Bulgaria and Estonia are prime examples. Their property markets exploded after EU accession with price rises of up to 30 percent being regularly recorded. It was anticipated the Montenegro would achieve full membership in 2009, if it can do so before it all the better.” Property Abroad’s properties in Montenegro include the Aquavista off plan apartment development set on the shores of Herceg-Novi in Kotor. Prices start at £102,000. |
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