Nomad Capitalist Audio Experience Why I Sold ALL of My Property In Montenegro
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Dec 17, 2025 Discover the compelling reasons behind the decision to sell all property in Montenegro. The discussion reveals the 'Hell Yes or No' framework that transformed investment strategies. Andrew shares his journey from a tiny seaside apartment to larger properties, and the frustrations of construction challenges and market dynamics. He emphasizes the benefits of renting luxury villas instead of owning, and compares residency options in Montenegro and Greece. Ultimately, the insights on international property strategy encourage a focus on flexibility and local knowledge.
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First Purchase Fueled Local Connections
- Andrew Henderson bought a tiny seaside apartment early in his Montenegro visits to learn the market and make local connections.
- That first €33,000 purchase led to a valuable relationship with a realtor who helped future projects.
Larger Apartment As Lifestyle Base
- Andrew upgraded to a larger apartment near the yacht club to support a long-term lifestyle and currency diversification strategy.
- He used it as a reliable base for spending months each year in Montenegro and enjoying the view at night.
Legacy Land Purchase Turned Problematic
- Years later Andrew bought land to build a 5,500 sq ft villa as a legacy family project but found development painful.
- He watched local builds and saw importing delays and opaque communication that discouraged him.