buying

What are the bank charges for money transfers in Montenegro?

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Bank transfer charges from abroad to an individual’s private account in Montenegro are as follows: (these are the charges of just the local Montenegrin bank.There are additional costs levied by the sender’s bank) CKB bank Up to 3.000 EUR – 1% or 3 EUR minimum From 3.000 EUR to 50.000 EUR – 0,5% From 50.000 EUR – 0,3% ERSTE bank…

Are there any loans available for non residents?

In cooperation with CKB bank we are now in the position to offer mortgages to our clients for buying a property in Montenegro.Typically the mortgages are 50% LTV (loan to value) at approx 8% interest rate over 1 to 25 years. For more information please contact us at info@montenegroprospects.com

How do I get a copy of the ownership list or deeds of my house?

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The easiest way to get a copy of the ownership list would be to contact your lawyer. You can also obtain a copy direct from the Land Registry office (usually in the Municipality office). For a stamped copy you would need to pay 13 EUR fee. Alternatively you can check it on line at http://www.nekretnine.co.me/uprava2/mne/Katastarski_podaci3.asp There are two ways to…

Buying off plan, Is it different if the property hasn’t been built yet?

Yes it is a little different to buying a completed property, in that paying for the property will usually be in instalments, and everything planned needs to be specified in advance. An outline is below. Please email info@montenegroprospects.com for more details on a particular project. Negotiate a price acceptable to you and the developer Place a deposit on the property…

What is the process for buying a property in Montenegro?

What is the process for buying a property in Montenegro? Purchasing a property in Montenegro is a simple process and we do everything we can to ensure your purchase runs as smoothly as possible. An outline of the process is set out below, but each sale is different and these are only general guidelines, Please email info@montenegroprospects.com for more details Negotiate…