Although the real estate market in Budva experienced a slowdown in recent months and the work of the local agents was reduced to a minimum, official data on the collection of real estate tax shows that Budva is still popular with property investors. The sale of properties in the area amounted to EUR 350 million in the first seven months of this year.

Taking into account that autumn is yet to come and possible intensifying in the market, the sale of real estates in Budva area could reach some EUR 500 million and match the sales realised in the record-breaking last year.