House prices still going up in eastern Europe

Overseas property investors have been informed that the housing boom in eastern Europe is still ongoing.

According to the Global Property Guide, house prices in some countries in the region are continuing to increase at a fast rate.

This is the despite the deepening economic crisis across the world, which has been cited as the cause of the slowdown in many other housing markets.

The Global Property Guide said Montenegro for example is still seeing "strong increases" in property values.

As a result, it could offer considerable capital growth potential to property investors who are looking to buy abroad.

Commenting on this development, the Global Property Guide said: "Clearly, the boom in Eastern Europe is not entirely finished."

This comes after NuBricks.com described Montenegro as a country which is "on the up".

According to the website, the nation has the necessary ingredients to be a highly prosperous property market.

Visit our off-plan property Montenegro page.

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