Property for sale in Montenegro

In total 3,083 listings
Tivat Tivat
382 listings
Petrovac Petrovac
65 listings
Budva Budva
1,257 listings
Herceg-Novi Herceg-Novi
436 listings
Kotor Kotor
591 listings
Bar Bar
285 listings
Becici Becici
189 listings
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 a 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 a 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.
Would buying property in Montenegro prove to be a profitable investment opportunity?
Buying property in Montenegro can be a good investment due to its potential for profit. Additionally, the annual property taxes in Montenegro are relatively low, ranging from 0.25% to 1% of the property value.
What are the best cities to buy a property in Montenegro?
Popular cities for property investment in Montenegro include Budva, Kotor, Tivat, and Podgorica. Budva and Kotor are renowned for their tourism appeal, Tivat is known for luxury developments, and Podgorica offers business and residential opportunities. It's important to evaluate your specific requirements and preferences when choosing a city.
United Property Expo in Belgrade, Serbia
United Property Expo in Belgrade, Serbia
17-18 February, 2023
United Property Expo is a large-scale international exhibition attended by thousands of private investors, leading global developers and brokers. The event provides an opportunity to discuss the issues of buying and renting property abroad, get professional advice on taxes, mortgage, property investment and management.
Tranio's managers are here to help you select a property
Marina Filichkina
Marina Filichkina
Real Estate Expert Tranio in Montenegro
+44 17 4822 0039
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