Hi
first post here. I love Montenegro and wonder if it'd be a good idea to buy an apartment (or house) just to rent it out. As for location, I was thinking about the Bay of Kotor but I'm open to other suggestions.
My top priority is achieving a good yield, but I understand there are other factors, e.g. some places can be rented out only in the summer months. Is it true though that only Podgorica is good for all-season / long term rentals?
Of course I'd travel to Montenegro to find the right property BUT
I'm not normally physically present in Montenegro so I'd need an agency to manage the renting out.
Is it possible? Can the paperwork be done via e-mail or post, or I'd need to travel when there is a change of tenant for example?
Does anyone have expereince with this?
Thanks!