Is Bar the next Montenegro real estate investment destination? A case study with numbers

[@BrianPhobos]

Another great video! loved the breakdown and the walk arounds, drone shots, and time-lapse. Montenegro has been on my radar for awhile.

[@jgm3620]

Great video and lovely apartment. Thank you for the visit with charming ksenija and all the information about Bar and the region. Thank you for the realistic and honnest information about the ROI.

[@cnfrdet4605]

with this price, you can buy in greece, even athens. this place is even 20m drive from a small city, thats surprising. i wonder whats the price for budva?

[@deivybueno9959]

this is a crazy place with crazy people my friend. They live apart from the rest of the world so they think houses here and made from gold

[@deivybueno9959]

Hahaha, im from Montenegro and 3000 eur per M2 is CRAZY!! you can buy house all over the world for half that price. Montenegro is the place of the crazy people and crazy prices.

[@soundslight7754]

Great case study Ladislas, thanks for sharing. I love this cosy and varied location, many I know wouldn't mind spending the winter there as rent is more reasonable. I have a feeling you pay somewhat lower price at Bar area yet have higher rental yield and capital growth potential than more established locations.

[@TheWanderingInvestor]

@@soundslight7754 thank you. Yes, but objectively less nice.

[@soundslight7754]

​@@TheWanderingInvestor Yes, I see that, affects demand and client type. I expect lower void periods here - limited supply. 30% agents fees very high! (platform fees on top): room for competition and disruption

[@STUDERRG]

It's an interesting project. Yet some key information is missing, like construction quality of the building, age of the building. Also your management fees are outrageous. You are basically taking half of the profit for yourself. I do feel this is getting close to a no go.

[@KeepingItRealBro]

30% management plus 15% platform fees... yeah, OK, might as well buy 10 properties and live there yourself full time managing and get rich fast. Doesn't add up to me at all.

[@andreaskalpinis4797]

Why not ? The opportunity is there just gotta believe and execute

[@matiasmanzato1419]

It eats all the ROI

[@JerryMassey]

I'm glad someone else noticed this. The fees are insane.

[@eugenschnellbach6077]

Hello Ladislas, What would you prefer - pre construction apartment or already built house with apartments?

[@TheWanderingInvestor]

@@eugenschnellbach6077 if purely for investment purposes right now I see better deals on the secondary market

[@fraukakozar345]

nice-are there bigger units? Could i also live there? And how much would it cost if i would like to spent a month there to look around

[@TheWanderingInvestor]

@@fraukakozar345 Sure. Feel free to send Ksenija an email. She can help with all the above: [e-mail]

[@dovygoodguy1296]

We're all looking forward to meeting Lad's whole family!

[@TheWanderingInvestor]

@@dovygoodguy1296 not on KZbin 😉

[@ABC-hi3fy]

The same price in FL USA in some location.

[@TheWanderingInvestor]

@@ABC-hi3fy Yes, not cheap.

[@jpballer17]

​@@TheWanderingInvestor But better

[@karlweiss7560]

Yep, but not the same maintenance, tax, and insurance costs...that's what makes life expansive in FL.

[@lorenk.775]

Sure, for that price in Florida in some not very good area, and having to deal with Florida hurricanes, sinkholes, floods, alligators, crocodiles, snakes, etc along with very high insurance costs due to the frequency of at least some of those problems. Florida may be a nice state to visit but a terrible state to live in.

[@matiasmanzato1419]

You cannot compare Florida with any place in Montenegro, I know the 2 places very well. I prefer to have 40 sqm in Florida rather than 200 sqm in Montenegro.

[@dovygoodguy1296]

Ladislas, it would be more than interesting to see your take on a visit to the booming economies in the countries we don't hear much about, namely Ivory Coast and Ghana! They are hugely appealing.

[@TheWanderingInvestor]

@@dovygoodguy1296 they are yes. Good stocks to buy there.

[@riumudamc4686]

@@TheWanderingInvestor Thanks for the videos! Are you referring to stocks in businesses in Ghana and Ivory Coast?

[@TheWanderingInvestor]

@@riumudamc4686 Yes

[@joelfaulk]

I think the non-schengan is a great narrative.

[@lorenk.775]

Well, that price seems quite expensive for what you get and the area, but i guess it is meant for wealthy foreigners.

[@dovygoodguy1296]

As usual Ladislas gets a thumbs up even before watching his video!

[@atomicvagrant7686]

The transfer tax total is E 11,500, is this a stand alone tax or does this include first year property tax.

[@TheWanderingInvestor]

@@atomicvagrant7686 stand alone transfer tax

[@MBA-PRODUCTION]

Those buildings and settlements were built without planning, they degrade the beautiful natural coast. This was done by people who have no culture, and all with corruption and disregard for urban plans. Many bays and areas in Bar and on the Montenegrin coast have been destroyed forever....it's a real nightmare to come to those settlements on vacation, because it's not anything relaxing, but an urban hell and crowds. 1:30In the lower right corner, you can see thought out planning and respect for nature from the socialist era when professionals existed in urban planning and design, the rest of the chaos in the frame is illegal legalized construction with very bad architecture.... Just a race for as many floors and money...

[@dovygoodguy1296]

What does Ladislas think about this?

[@lorenk.775]

They look just fine, at least certainly much better than in some other countries.

[@MBA-PRODUCTION]

@@lorenk.775 Everything is beautiful from a distance...The man who swam on that beach when there was not a single house is telling you... The entire settlement was created as a wild illegal construction without permits and urban plans and infrastructure, At one point, they started to legalize it, but in law there is an expression, what is born wrong, time does not correct.... All this continued in the megalomaniacal construction trend in order to get the general construction chaos of overcrowding in a once beautiful location. 1:31 The lower right corner is from the socialist era when there was professional urban and architectural planning and the rest is a concrete chaos with very questionable aesthetics and standards created after 1990 and until today.

[@lorenk.775]

@@MBA-PRODUCTION Compared to how similar places have been overbuilt in some other countries such as Albania or even in some parts of Greece etc the overbuilt parts in Montenegro look okay and interesting, and the quality and urban planning etc usually look better than in at least some parts of those and some other countries. Montenegro is one of the top favorite countries for me, i kind of wish i could get the citizenship there if allowed dual or more citizenships, or permanent residency, maybe something to see if it's possible in the future. otherwise Spain, Portugal, Italy, Turkiye, offer much more. cheers.

[@MBA-PRODUCTION]

@@lorenk.775 it's all the same... but there are very beautiful areas in Bar and Montenegro, but they are certainly not this one

[@MrRyan83]

60 fps when panning will work better :-)

[@RJ-Isaac-TSOML]

I'm a U.S. Expat and have been living in Bar for the past 2.5 years. However, I'll be leaving in January. I came shortly after the Russia Ukraine conflict got hot and sense, then I've seen rental prices drop while purchase prices have remained steady or have gone up. A big part of that is the outflow of Russian money. Montenegro was a popular destination for Russians to visit, but not anymore, and each year, the tourist season is bringing in less revenue in real terms. On top of all of this, I've been hearing much more in the past 6 months about the negative impact the mafia is having on local business. If I were to invest in the region, I would be more interested in Albania.

[@micomarinas2753]

how much do you think is the estimate price per square meter of a vacant lot/land in montenegro?

[@TheWanderingInvestor]

@@micomarinas2753 it varies from €5 per m2 up north to €800 per m2 for prime on the coast

[@micomarinas2753]

@@TheWanderingInvestor what location is the €5?

[@TheWanderingInvestor]

@@micomarinas2753 small towns in the north

[@BuTanka]

We bought a 16 ha farm in the north for 130 000 euros with several houses. Closer to the coast it will be at least 25 euros per m2

[@micomarinas2753]

​@@BuTanka is that reasonable price or relatively cheap price?

[@ChrisonTour]

You've been 5 minutes from the Montenegro Tower, next time come by for a coffee 😊

[@amitloutube]

Great.. What is the issue with earthquake in these areas 😢

[@TheWanderingInvestor]

@@amitloutube it’s a risk all along the Adriatic

[@dovygoodguy1296]

​@@TheWanderingInvestorDoes that affect real estate and economic success??

[@TheWanderingInvestor]

@@dovygoodguy1296 one in a while, very negatively 🫤

[@lorenk.775]

😄😄 Earthquakes are not frequent in that part of Europe, certainly not strong earthquakes.

[@micomarinas2753]

is there a possibility if an investor in montenegro really makes a good contribution to the economy of montenegro to be granted a montenegro citizenship?

[@TheWanderingInvestor]

@@micomarinas2753 not anymore

[@mjhmn]

better than Turkey!

[@justhodl]

Kind of disrespectful how the woman always interrupts Ladislas

[@GleeSmee]

She’s just keen. Wants to do her job, and sell, sell sell.

[@Royaldane375]

Just your opinion. So refreshing listening to a beautiful European lady with real numbers!

[@nocapproductions5471]

Mne is not worth it anymore. Prices are already comparable to Florida, US. I would advise Albania, same view and beauty but for half the price.

[@healing_with_nature1]

With parking that is €310k plus taxes and fees. Ridiculous! Worth about €50k not long ago Rich Russians and corrupt Ukrainians buying this area up???

[@rawsip1361]

People like you shouldnt be there in the first place. Keep healing in the nature and work on your awakening and consciousnesses. Your comment says a lot about your maturity.

[@healing_with_nature1]

@@rawsip1361 truth hurts?

[@rawsip1361]

@@healing_with_nature1 Your mouth hurts. Mr try hard spiritual guy

[@healing_with_nature1]

@@rawsip1361 awe thanks sweetheart 💋

[@jacqdanieles]

Or corrupt Russians & rich Ukrainians ...

[@pentrubarbati]

evrything is overpriced in this area

[@ryanwilliams3070]

No value here

[@zlatkostevanovic5891]

yeah value in living a place where you don't have murderers everywhere like in the us

[@lorenk.775]

Much better than most of where you're from, Ryan. though okay the price for that apt/condo seems more expensive than it should be for the area.

[@TP-fl9ul]

It doesn't looks like Bar, it's Dobri Vodi!

[@TheWanderingInvestor]

@@TP-fl9ul Yes, 20 minutes south of Bar

[@zelareka]

horrible beaches

[@lorenk.775]

No, beaches vary by location, some are sandy and some not sandy, maybe you didn't see the full video or even half of it.

[@zelareka]

@@lorenk.775 I did see the full thing.

[@lorenk.775]

@@zelareka hmm.. you did?.. so how are the beaches there "horrible"? sure some of the beaches there are not ideal or not good enough but not horrible, unless you're comparing to beaches in tropical places as Thailand, Philippines, etc.

[@matiasmanzato1419]

@@lorenk.775 Just compare with Albania.

[@lorenk.775]

@@matiasmanzato1419 There is just more sand in most of Albania than Montenegro, it doesn't mean the beaches are worse, some people like rocky beaches, these things are relative and subjective. Saranda in southern Albania has rocky but clear water beach, very popular. Nice in France also has really rocky beach, but very popular.

[@erdemulubas]

Is it always that windy? 🫣