### Russians Rushing to Sell Montenegrin Real Estate Amid Visa Concerns
Russians who own property in Montenegro have started listing their homes for sale, with the number of such listings increasing by 10-15% year-on-year by the end of July, according to Russian business daily *Kommersant*, citing data from Prian and market experts.
Approximately 4,500 Russians own apartments or houses in Montenegro, typically renting them out to tourists. This makes them the second-largest group of foreign property owners in the country after Serbs.
The main driver behind the rush to sell is the impending introduction of entry visas for Russians starting November 1, 2026. This measure is expected to reduce the number of Russian visitors to Montenegro by 30%. Currently, Russians account for 16% of all arrivals in the country. The new visa requirement will make it more difficult to run rental businesses in Montenegro. As a result, discounts on property sales can reach up to 10-12%.