After gaining independence in 2006, Montenegro, a rustic half the scale of Wales and with a population of just 625,000 has attracted over €4 billion in foreign investment, and now has investors from over 100 countries all over the world. The latest property development funded by British private equity company, the Boka Group – who’ve themselves managed over €1 billion of development value within the country, celebrated the beginning of construction on its latest scheme of luxury villas overlooking Kotor Bay last week, marking the beginning with a foundation stone ceremony attended by the mayor of Kotor. Speaking recently minister of sustainable development and tourism, Branimir Gvozdenović said: “It is a simple country during which to do business and visit. “We desire to take care of luxury tourism and accomplish...
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