Boost for Montenegro Property with New Direct Flights from the UK

There’s good news for current and prospective property owners in Montenegro: new direct flights from London Stanstead to Tivet will be commencing in May.

Until now there have only been direct flights from the UK as far as Dubrovnik in Croatia, meaning that anyone travelling there had to arrange another means of transport to complete their journey to Montenegro. Although doable, it was a bit more of a hassle and may have put some people off buying here.

The new flights from Stanstead being launched by Montenegro Airlines will start on 4^th May 2008 and are expected to cost approximately £220. They may also be launching direct flights from London Gatwick in June.

The news about the flight introductions was welcomed by real estate experts. “The introduction of direct flights from London to Tivat is the news that Montenegro property buyers have been waiting for,” said Justin Faiz, managing director of Pluto Developments.

“Apart from increasing the ease by which property owners can visit, the new routes are expected to bolster the popularity of Montenegro as a tourist destination. The World Travel and Tourism Council has ranked it top, alongside China and India, in terms of anticipated visitor number growth,” he said.

He also adds that’s it’s likely to have a good influence on property rentals. “The positive effect on rental demand from the new flights (yields of up to 7%), combined with new laws to make land purchases easier and strong demand from Russia, should see the market buoyant even as a global slowdown takes hold.”

If you’re interested in exploring property options in Montenegro, Pluto Developments are currently marketing a new development. The Acacia Hill Apartments are located in Djenovici, a quiet fishing village on the Adriatic Coast, and consist of 36 two, three and four bedroom apartments in four buildings.