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What you need to know to sell your property in Montenegro

Blog, Montenegro News - 02/10/2020

You can list the property with more than one agent at the same time In Montenegro, but it is a good idea to choose two or three reputable companies that are present both in local and international markets. To list the property the agent will usually ask you to provide the following: • The proof of ownership.  The land registry…

Citizenship by Investment Program, Montenegro

Blog, Market Trends - 25/09/2020

The Citizenship by Investment Program  in Montenegro was launched in 2019. Applicants now have the opportunity to obtain Montenegrin citizenship and passport by making the qualifying investment into a government-approved development project. Why Montenegro? Montenegro has recently opened the final chapter in the negotiations process for joining the EU Montenegro is now a full member of NATO, the UN, UNESCO,…

OBTAINING A BUILDING PERMIT (planning permission) IN MONTENEGRO

Blog - 21/08/2020

The answer to the question “how to get a building permit in Montenegro” used to be very complicated. Luckily the procedure for obtaining a building permit has been simplified. With help from STATIKA Architectural firm we will endeavour to explain the process. The following are the main steps, and the most important is finding a licenced architectural firm, who will…

A survey on the impact of the COVID-19 pandemic on the property market in Montenegro

Blog, Market Trends, Montenegro News - 01/06/2020

  Montenegro Prospects has conducted an extensive survey on the impact of the COVID-19 pandemic on the property market in Montenegro. The survey was conducted by more than 1.500 of our clients (sellers and potential buyers) from EU countries, UK, Russia and the region. The results are very interesting: The majority of our clients believe it will take from 12…

Where to buy a property in Montenegro?

Blog - 14/05/2020

Learn about the different regions in Montenegro and where to invest in real estate. Montenegro is a small country about the size of Northern Ireland.  It prides itself on a scenic coastline that hugs the Adriatic Sea and is approximately three-hundred kilometers long. The country may be small but it offers a wealth of natural beauty:  five national parks, mountains and…

Why invest in Montenegro

Blog - 08/05/2020

WHY INVEST IN MONTENEGRO The Montenegro real estate market is still an emerging market with a great deal of potential for capital growth. These are the main reasons for choosing Montenegro as an investment: • The political situation is stable and the government is clearly orientated towards EU membership. Montenegro is the first country in line to be accepted in…

Houses for sale in Montenegro – Prices report

Blog, Market Trends - 10/04/2020

Update: more information on the impact of the COVID-19 pandemic on property market in Montenegro you can find here Report for Q1 2020 (before the Coronavirus crisis)   Despite the Coronavirus crisis and the effect it will have on the markets worldwide I would like to share with you the analysis of the house prices on the coast of Montenegro for…

Bar real estate – market review

Blog, Market Trends - 17/11/2019

What are the real estate prices in Bar? What are the micro locations in Bar? What type of properties are there and what is the infrastructure like in Bar? THE CENTER Bar is a modern, coastal town that has been intensely developing since the ‘70s. It has a great microclimate with on average 270 sunny days. Thanks to its wide…

Perast real estate – market overview.

Blog, Market Trends - 08/10/2019

Content Real estate in Perast – general overview. Why to invest in Perast? What are the current prices for Perast real estate? Real estate in Perast – general overview. Perast is located in the center of the Boka Kotorska Bay just across the Verige strait on the sunniest part of the Bay. Its architecture is typical of the towns that…

Legalisation of illegal structures in Montenegro

Blog, Montenegro News - 27/05/2019

Legalisation procedure of illegal structures in Montenegro The deadline to submit requests for the legalisation procedure of illegal structures in Montenegro expired on the 16th of July 2018. According to the records of the Ministry of Sustainable Development and Tourism (Ministarstvo Održivog Razvoja i Turizma –MORT), 51.158 requests for the legalisation procedure were made by that deadline. About 29.000 have…

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