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Property for sale in Montenegro

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Tivat
477 listings
Petrovac
223 listings
Budva
1,537 listings
Herceg-Novi
594 listings
Kotor
820 listings
Bar
372 listings
Becici
232 listings
All Montenegro
3,964 listings

Montenegrin passports for the purchase of hotel rooms in Kolašin

  • Real project at a ski resort;
  • The investor gets a passport and a hotel room rental income
  • The property is authorised by the government for the issuance of passports;
  • Investment amount €350,000 per family
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    Apartments for sale in Budva
    4 listings of 1143Show all
    1,143 listingsShow all
    Houses for sale in Bar
    4 listings of 270Show all
    270 listingsShow all
    Apartments for sale in Kotor
    4 listings of 361Show all
    361 listingsShow all

    FAQ about Montenegro

    Can foreigners get a mortgage loan in Montenegro?
    It might be tricky for a foreigner to obtain a mortgage loan for property in Montenegro. Erste Bank is the only bank lending to foreign property buyers, yet the primary qualification for an eligible foreign applicant is to have a residence permit in the country.
    How much do utilities cost in Montenegro?
    Property maintenance costs are not so high in Montenegro as compared to the rest of Europe. Read more about major housing and home ownership costs in Montenegro.
    Can buying property also get foreigners a residence permit in Montenegro?
    A property purchase in Montenegro will get residence in the country (except for property for further development that would not qualify a buyer for a residence permit). There is no minimum investment threshold for a residence permit. The purchased property should be free and clear of any encumbrances. Read more in our article.
    How to buy your way into Montenegrin citizenship by property investment?
    To get citizenship in Montenegro, you would have both to purchase a property out of the government-approved pool investing at least € 250,000 and donate at least € 100,000 to the government fund.
    What is the process of buying property in Montenegro?
    It will take 2–4 months in average to register property ownership in Montenegro. To close a transaction, a foreign buyer needs to present a foreign passport of the home country, an individual seller is to produce a legal proof of property ownership and the excerpt from record in the local property registry, and a corporate seller should additionally provide the buyer with its corporate documents. See details here.
    What are the property prices in Montenegro?
    The apartment prices in Montenegro vary in a range of € 1,400–2,000 for a square metre depending on the region and distance from the sea. The prices of a villa range from € 2,500 to € 8,000 for a square metre.
    What taxes are charged on property purchase, ownership, and sale in Montenegro?
    A transfer tax at 3% is charged on real estate transfers in Montenegro, and 21% VAT is levied if property has not been sold before. The real estate tax is levied for the use of the property at the rates ranging from 0.25 to 1% of the property value. Read more about the taxes charged on property purchase, ownership, rent, and sale in Montenegro on the website.

    Need to know in Montenegro

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    That's not all.
    We have 3,964 listings in Montenegro
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    Montenegro real estate. Montenegrin property prices

    Property for sale in Montenegro attracts with its affordable prices, low taxes and simple acquisition procedures. Most foreign investors look for seafront Montenegro real estate (usually apartments) that sell for €150,000.

    The Montenegrin coast includes the Bay of Kotor, Budva, Bar and Ulcinj Rivieras.

    The largest cities along the Bay of Kotor are Herceg Novi, Perast, Kotor and Tivat. Montenegro property here sells for €2,000–2,500 per square metre. There is a yacht marina, Porto Montenegro, and a new modern residential complex 7 kilometres away from Tivat. The buying prices of Montenegro real estate here start from €5,000 per square metre. €360,000 and more can buy a one-bedroom apartment here. Herceg Novi has the best beaches, two of which were awarded blue flags, and the cities of Perast and Kotor are stunning UNESCO world heritage sites.

    The Budva Riviera has the most expensive real estate in Montenegro. Budva is the most popular resort of the country and lies in the middle of the Adriatic coast. The buying prices of properties in Budva cost €2,000–2,500/sq. m. on average. €50,000 can buy an apartment here and houses sell for €250,000 and more. Prices of prime property start at €3,000/sq. m.

    The cities of Becici, Petrovac and Przno are not as touristy as Budva and less popular for those looking for a booming nightlife. Rafailovici differs from other resort towns on the coastline because there are few hotels but buyers can find seaside villas for sale here. There are mostly modern developments in Bar but not all homes overlook the sea. Apartment prices start at €50,000–60,000.

    Ulcinj has the highest number of sunny days and the longest beach in the country: Velika Plaza. Apartments here sell for €50,000–60,000. Buyers of properties in Montenegro seldom select properties on the Ulcinj Riviera even though it is lovely and has the best opportunities for surfing.

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    Anastasia Shchepetova
    Anastasia Shchepetova
    Real Estate Expert Tranio in Montenegro
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