🔥 STR Snapshot: Why Are Savvy STR Investors Eyeing Montenegro as the Next Big Opportunity

Hello STR Scouts,

This week, we're shining a spotlight on one of the Adriatic's best-kept STR secrets—Budva, Montenegro.

💎 Why Budva is a diamond in the rough, a hotspot for STR investments, with low expense ratio’s, low price points, and an affordable high quality of life.

🏡 Explore 18 new STR deals across 10 markets that could be your next big investment.

📰 Catch the latest trending news to stay ahead of the curve in these shifting market conditions.

Thank you for following us on our STR journey.

Cheers,

Andy Thoms
STR Scout

😎 Invest where the world is just beginning to notice—because the best returns are found where opportunity and quality of lifestyle converge.

STR Snapshot: Why Are Savvy STR Investors Eyeing Montenegro as the Next Big Opportunity

STR Snapshot | Budva, Montenegro

At STR Scout, we’re all about finding the world’s hidden STR gems—places where you can live richly, invest wisely, and truly enjoy life. In this STR Snapshot, Budva, Montenegro, caught our eye, and we think it might catch yours too.

Picture this: narrow cobblestone streets, fresh seafood by the Adriatic, and the warm Mediterranean sun—sounds like a dream, right? But here’s the kicker: it’s not just about a great vacation spot; it’s about making a smart investment that boosts your lifestyle.

This is just the beginning of why Budva is standing out on our radar. Let’s dive into what makes this coastal town a perfect blend of old-world charm and modern opportunity.

Right now, our local insiders are uncovering deals that will make you do a double-take—like a 2-bedroom condo for just $225,000, steps from the beach with breathtaking views.

But here’s the real kicker: the annual carrying costs are so low, it’s almost unbelievable. This isn’t just an investment; it’s an opportunity to invest and live your best life for a fraction of what you’d expect to pay in the U.S. And with its rapid growth and allure, Budva is on track to become the next French or Italian Riviera.

Don’t miss out on the full story—read our STR Snapshot for an in-depth look at this incredible Adriatic gem. Discover why Budva is quickly becoming the go-to destination for savvy investors and world-wide wealthy yatching elites.

14300 S. Padre Island Drive Unit 55

$117K | Corpus Christi, TX: Cozy studio, 1BA, 388 sqft, perfect for beachside living.

• Located 1.4 miles from the Gulf of Mexico Beach.

• Indoor and outdoor pool.

• The complex offers amenities including basic cable, water, library with complimentary Wi-Fi, social gathering room at the Marina, fishing pier with fish cleaning station, picnic areas, BBQ spots, laundry facility, fitness center, and conference room.

• Revenue History: $10K-$12K

View Property Details 
STR Agent: Kathleen Miller
Text or Call: (361) 815-8991
Website

Want to see your property here? Learn more

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FSBO | OFF-MARKET STRs

$120K | Peoria Heights, IL: 2BD, 1BA 748 sqft ranch on large fenced double lot. Newer roof, remodeled kitchen, new furnace/AC. Airbnb-ready with select furniture. View Post

$285K | Branson, MO: STR near Cricket Creek Marina, 10 mins from Top of the Rock, Big Cedar, and 20 mins to downtown Branson. Popular travel area. View Post

ACTIVE STR LISTINGS 

$389K | Branson, MO: 3BD, 2.5BA 1408 sqft cottage-style home. Built in 2021, with finished walk-out basement, marble counters, city views. Vacation rental-ready. View Post

$440K | Destin, FL: 2BD, 2BA 970 sqft condo on the 12th floor with Gulf and Bay views. $50K rental income in 2023. Updated with $50K in new furnishings. Resort amenities and turnkey ready. View Post

$540K | Pigeon Forge, TN: STR-approved townhouse with $76K revenue last 12 mos, $30K in future bookings. Low expenses, built-in equity. View Post

$549K | Kalamazoo, MI: Successful Airbnb in downtown Kalamazoo. 3-story brick Victorian home with potential to sleep 18. $88K projected revenue for 2024. Close to new stadium. View Post

$550K | Spring City, TN: Renovated 3BD, 2BA 1392 sqft lakefront retreat on 1 acre. New appliances, deck with lake views, small dock. Airbnb-ready, fully furnished. View Post

$590K | Wears Valley, TN: 3BD, 2BA 1328 sqft cabin. $73K gross income in 2023, $83K in 2022. 10 mins from Pigeon Forge, 25 mins to Great Smoky Mountains. Consistent income producer. View Post

$590K | Blue Ridge, GA: 3BD, 2BA 1380 sqft cabin on 2+ secluded acres with stunning mountain views. Stone fireplace, hot tub, fully furnished. No rental restrictions. Gated community. View Post

$599K | Omaha, AR: Unique 4BD, 2.5BA property on 5 acres. Corps of Engineers protection ensures no nearby builds. Walk to water, 5 mins to marina, 10 mins to Big Cedar. No HOA. View Post

$699K | Pigeon Forge, TN: 3BD, 3BA 1488 sqft cabin near Parkway. Airbnb favorite with game area, 2 decks, wooded views. Turnkey and ready to rent. City utilities. View Post

$749K | Sevierville, TN: 2BD, 3BA 2030 sqft cabin on 1.09 acres. Renovated in 2023, rents as 4BD. $80K+ in bookings since Nov 2023. Includes hot tub, movie theater, fire pit. View Post

$749K | Sevierville, TN: New 3BD, 3.5BA modern retreat between Pigeon Forge and Gatlinburg. Open-concept, wraparound deck, hot tub, rec room, rental projections of $87K. Low HOA fees. View Post

$845K | Sevierville, TN: 3+ acre property with 2BR, 2BA log cabin and 1BR, 1BA cottage. Near Great Smoky Mountains. Includes a storage shed, additional lot with septic, and potential for more builds. View Post 

$1.125M | Naples, FL: Fully renovated 3BD + Den, 2BA 1905 sqft home with vaulted ceilings. Feels like 2500 sqft. No HOA, rare find on acreage. Priced for quick sale. View Post

$1.2M | Beaufort, NC: Unique 12BD, 6BA historic SFH with 2 structures on large lot. 4789 sqft combined. Successful STRs near downtown Beaufort. 10 parking spots. View Post

$1.29M | Broken Bow, OK: Spacious 4BD, 3.5BA home on over 2 acres. Expansive outdoor entertainment space, open living area, soaking tubs, and walls of windows. A must-see! View Post

$1.5M | San Diego, CA: 3BD, 3BA Pacific Beach townhome. 1430 sqft with rooftop views, fireplaces, multiple balconies. Blocks to Mission Bay and ocean. Attached garage. View Post

💼 Big Changes Ahead: New Rules for Real Estate Commissions start today! Real estate agents must adapt to NAR’s new settlement requirements, including mandatory written agreements before home tours. These changes will impact how you negotiate commissions and secure representation from this moment on. This is a big deal.

🏠 Sellers Lose Edge, but Lower Rates May Spark a Buyer Comeback: In July, the housing market cooled as homes took longer to sell and price cuts surged. However, recent mortgage rate drops may reignite buyer competition, but this could be off-set by rising supply. Short-term rental investors eyeing properties should be in good position to negotiate as markets traditional soften after school starts.

🏢 Renters Reap Rewards as Market Cools: With more units available, over one-third of property managers are offering concessions like free rent to attract tenants.

🌧️ Airbnb's Rough Summer: 5 Reasons Behind the Slump. Despite booming travel, Airbnb is struggling due to bad listings, high prices, global city bans, costly ad campaigns, and the end of venture capital subsidies.

🔓 Housing Market Set to Unlock by 2025: Redfin's Chen Zhao predicts that dropping mortgage rates will spur a new wave of home listings by the end of 2025, as locked-in homeowners finally start selling. This shift could open up opportunities for short-term rental investors to acquire new properties as the market stabilizes and supply rises.

💸 Bargain-Hunting Nation: As consumer spending cools, companies are slashing prices to stay competitive. Bank of America CEO warns that if households go into "hibernation," the impact could be long-lasting. For short-term rental investors, this trend underscores the need to price competitively to attract budget-conscious travelers.