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...
The cost of buying property in Montenegro Apart from agreed purchase price the main costs of the purchase are: 3% purchase tax and the legal fees. We advise our clients to add 4-5% on top of the purchase price for the overall costs. Here are more details:
Purchasing a property in Montenegro (how to) 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 general guidelines
Where to buy a property in Montenegro? Learn about the different regions in Montenegro and where to invest in real estate.
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:
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.
Land registry in Montenegro - OnLine database Land registry database in Montenegro is completely online and it is open for public access. Property deeds can be checked...
Are there any loans available for non residents? Two banks in Montenegro offer loans to non-residents for buying a property in Montenegro: CKB bank and ERSTE bank. Typically, the mortgages are 50% LTV (loan to value) at approximately 5%...
What are the bank charges for money transfers in Montenegro? Bank transfer charges to and from abroad to an individual’s private account in Montenegro are as follows: CKB bank FX inflows (loro remittances)
5 things you should do when buying a property in Montenegro 1. Get to know the country and the areas 2. Use a reputable agency 3. Use a lawyer 4. Do your due diligence 5. Be prepared to be flexible or compromise on some of your wishlist
