Montenegro Plans EU Accession Before 2009

Hartlepool, United Kingdom (PressExposure) December 08, 2008 -- Montenegro is to apply for full candidacy of the EU before the end of this year it has been announced.

During a visit to Bosnia this week, Montenegrin prime minister Milo Djukanovic told a press conference in Sarajevo that the country will continue with its initial intention to apply for EU candidacy before 2009, Reuters reports.

"We are trying to agree on a compromise in talks with France," explained Djukanovic "And achieve what Montenegro has planned - to apply for a candidate status by the end of the year.

"We have got full satisfaction after declaring independence: we have strengthened stability and come closer to our European goals."

Mr Djukanovic said that EU status will reflect the increased social, political and economic stability achieved in Montenegro since 2006, when the country won independence.

Liam Bailey, chief market analyst for overseas property portal Property Abroad had this to say of the news:

"Well that is the moment we have all been waiting for. One of the biggest strengths put forward when I was recommending Montenegro as an investment destination in 2007, was its path toward recent accession into the EU. This has had a massive effect on other property markets in the region: Bulgaria and Estonia are prime examples; their property markets exploded after EU accession with price rises of up to 30% being regularly recorded. It was anticipated the Montenegro would achieve full membership in 2009, if it can do so before it all the better."

Property Abroad have some excellent property in Montenegro, including their star-buy: The Aquavista off plan apartment development. Set on the beautiful shores of Herceg-Novi in Kotor and starting from just £102,000 the Aquavista apartments are quite simply one of the best-buys on the international market. The semi-mature level prices of Herceg-Novi is testament to the level of growth that Montenegro has seen in the past 2 years, this growth can only be accelerated when Montenegro joins the EU. Property Abroad have many developments in Montenegro, find out more by visiting the site.

About Property Abroad LTD

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact Liam Bailey on or the team at:

Property Abroad LTD
182 York Road
TS26 9EA

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Press Release Submitted On: December 05, 2008 at 6:22 am
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