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Recently voted one of the top 5 property investment destinations in the world Montenegro is attracting the attention of astute long term property investors across the world.

Buy

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

ing property in Montenegro has all the ingredients property investors want and we will look at the opportunity in more detail in this article.

Why Buying Property in Montenegro

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

is rising in popularity

Montenegro formed a loose federal union with Serbia after the break up of Yugoslavia in 2003.

In 2006 it voted for full independence and looks set to jo

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

n the EU as early as 2010 and has already adopted the euro as its currency.

Montenegro

Montenegro is a small country of around 14,000 sq km located in the Balkans.

The capital

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

of Cetinje is a charming town full of the history of this small proud and friendly nation.

The country however has a variety of scenery, once outside of the medieval towns ther

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

e is something for everyone.

Snow capped mountains, deep river gorges such as the world famous kotor fjord and over 200 miles of Adriatic coastline with un spoilt coves sandy, s

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ndy beaches and the crystal clear blue water Of the Adriatic.

The country is now experiencing strong economic growth, rising tourism and many investors are looking for the prope

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

rty market to remain strong, keeping in mind the success of the recent countries that have joined the EU.

Here are some of the reasons to consider buying property in Montenegro

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

for investment purposes.

1. Its cheap and rising

Property is cheap here but prices are on the rise.

Capital gains according to the World Travel and Tourism Council should see

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

rowth of around 20% annually in the period 2005 and 2014.

The value of Montenegrin property therefore could triple or quadruple, in the period given the rising demand.

2. Touri

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

sm Expanding

Montenegro was chosen as the #1 Country for tourism growth over the last ten years, by the World Travel and Tourism Council for 2005.

Tourism is expected to boom a

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

s cheap flights become available as budget airlines service the area having Montenegro already benefits from close transport links to Dubrovnik’s International Airport (just a

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

0 minute drive) in Croatia, which already offers regular flights.

Montenegro has a large number of world heritage sites medieval towns, mountains and gorges, but perhaps its gre

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

atest asset is its stretch of coastline and developments along the coast look set to be the safest places to buy.

The recent development of the Tivat super marina, costing in ex

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

cess of ?320 million shows how seriously the government is taking tourism.

3. Buy to let opportunities

Montenegro is already short of quality rental properties to accommodate t

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

urists visiting the Adriatic coast. This means rental yields, as well as capital growth potential can be had in the developing coastal resorts.

4. Montenegro costs

Are low, th

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

is includes, labor, the cost utilities and the buying process in easy, quick and taxes are cheap. All these factors, make buying property in Montenegro attractive for serious p

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

roperty investors looking for long term solid gains of 30% +, with low downside risk and great buy to let opportunities.

The prospect of EU membership may do for Montenegro what

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

it did for new members such as Slovenia and Slovakia – increase economic growth and lead to huge investment in the infrastructure.

Buying property in Montenegro, allows property

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

investors to buy cheaply, in a beautiful country, that has solid factors that could make it one of the best investment property destinations in terms of risk reward in the world

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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