Buying property in Montenegro - FAQs

What kind of rental yield can I expect?

Tourism in Montenegro is still growing at a fast rate and the rental market is not fully developed yet. 2012 saw rental yields of between 4 and 8% for apartments and villas on the coast. Because of the recent drop in property prices and the continues increase in demand for rental properties, a rental yield of 6-8% can be expected.

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…