Montenegro regulates the real estate market: new law on co-operation with agencies

The government of Montenegro has drafted a bill that prohibits property owners from selling and advertising without the participation of agents. As a result, housing prices are predicted to rise, as sellers will be forced to use the services of intermediaries. The draft is currently at the discussion stage.

Property for sale in Montenegro 3,302 listings on Tranio

450,000 €

Three-bedroom penthouse on the first line from the beach in Rafailovici, Budva, Montenegro

Total area 230 m² 3 bedrooms

3,500,000 €

New three-storey villas on the first line from the sea in Przno, Budva, Montenegro

Total area 375 m² 4 bedrooms

107,000 €

House under construction for sale in Bar

Total area 140 m² Land area: 400 m²

90,000 €

For sale one-bedroom apartment with a view in the center of Petrovac

Total area 36 m² 1 bedroom

75,000 €

Spacious and Functional Two-Level Apartment for Sale in Sutomore

Total area 38 m²

90,000 €

Studio for sale in a new residential complex with a swimming pool in Becici

Total area 21 m² Studio

105,000 €

Two-Story House for Sale in Bar

Total area 90 m² Land area: 250 m²

90,000 €

Apartments for sale in a luxury residential complex under construction in Tivat

Total area 27 m² Studio

The project is aimed at regulatory streamlining of the market, which, as authorities say, is struggling with low quality of services, lack of insurance and uncertainty in the legal field.

The acceptance of this law will lead to the formation of an official list of licensed property agents in Montenegro. In order to get the licence, all agents will undergo mandatory examinations and confirm their qualifications.

Source: Investitor

Author: Julia Naymushina