Foreign citizens own 19, 209 ha of land and 1, 52 millions of square meters of apartments, houses and business spaces – it is said in the Direction for real estates.
Podgorica – Foreign citizens in Montenegro own 19. 209 ha of land and 1, 52 square meters of apartments, houses and business spaces. The foreigners are owners of every fourth housing or business space in Budva, every fifth in Bar and Tivat and every sixth in Herceg Novi and Kotor – show the newest records of the Direction for real estates.
Director of the agency Rajko Jankovic said yesterday on a press conference that the foreigners are owners of 1, 39% of the land and 8, 49% of étagère property in Montenegro, under which apartments, and construction space which is not land is counted in (apartments, houses, weekend houses, hotels, business space).
Foreign enterprises own 149, 9 thousands of hectares of étagère space, while the physical persons are owners of 1, 37 of millions of square meters.
– In the past few years in Montenegro we had a certain a boom with the turnover of real estates with the great participation of foreigners. In the public there were comments present that Montenegro is being sold and that we do not have records. That is why we have prepared statistical data about the foreign ownership over the real estates in conclusion with the 30th of December 2006. Statistical sample is 100% and these records, from cadastre operators are absolutely correct and can be checked. In the following period we will follow the activities in quarters of the year and we will inform publicity about that regularly – stated Jankovic.
The total surface of the land in Montenegro is 1, 379 millions f hectares, and of the étagère property 17, 99 millions of square meters. In the Direction for real estates they point out that the scope of the turnover of real estates in the year 2006 compared to the year 2005 has been increased from 28.000 to 50.000 of items, which is about 70%.
The foreigners outside of the former Yugoslav republics own 647, 8 ha of land or 0, 047% of the territory. In the ownership of foreign enterprises is 539, 1 ha of land, and in the ownership of physical persons 108, 6ha – said Jankovic and stressed that “that is the answer on the question about the territory which is being sold out”.
– According to what we found out the purchase of the land was not a goal for itself, but in fact now, we are expecting great investments on those territories. The previous year, 2006, was the ownership boom, and this one will be an investment boom. We believe that in the following period the number of étagère owners will be increased. We are expecting a larger number of hotels and tourist capacities. In the last period coastal towns and Kolasin, Zabljak, and Skadar Lake are popular – thinks Jankovic with the remark that those are their predictions. He stressed that the interest of the foreigners for the purchase of the real estates in the first two months of the year 2007 is even bigger than in 2006.
Foreign citizens own most of the land in Kolasin – 2, 4 thousands of hectares, in Niksic and in Cetinje – 1, 95 thousands of hectares, and then come Pluzine and Kotor with 1, 79 and 1, 62 thousands of hectares.
Most of the étagère property has been sold to foreigners in Bar – 381, 800 square meters, in Budva – 294. 026, in Herceg Novi – 213. 537, in Kotor – 161. 976, in Tivat – 147. 182, and in Ulcinj – 104. 690 square meters.
In the capital city the foreigners are owners of totally 813, 9 ha of land and 27. 535 square meters of housing and business space.
As a great fiscal and developmental problem of Montenegro in Direction for real estates they have recognized the illegal construction.
– Municipalities Ulcinj, bar and Budva have started facing that problem and solving it because it is simply jeopardizing the existence – said Jankovic.
– Juristical persons from the republics of the former SFRJ are owners of 712 ha, and physical persons own 17, 84 thousands of hectares, which is totally 1, 34% of the total territory – added Jankovic.
From the Direction they have mentioned that for the bearers of the right on real estates from former Yugoslav republics the data have been taken out based on the place of residence which always does not match with the place of living
– For the bearers of the right of real estates from Serbia we couldn’t identify the citizenship, because until the May of 2006 they have been noted as the citizens of one country – explained Jankovic.
The overview of the owners of Montenegrin real estates from foreign states
States from which the buyers of land, apartments, business spaces, and houses come:
Serbia 15.936 ha 1.100.746 m2
BiH 1.721 ha 131.621 m2
Croatia 532, 7 ha 29.801 m2
Russia 292, 1 ha 131.621m2
Slovenia 259, 2ha 48.969 m2
Great Britain 216,6 ha 52.328 m2
Macedonia 112, 1ha 13.290 m2