Buying Property in Montenegro? Read This First

Stability and open borders means that buying property in Montenegro has become an attractive investment for many Europeans.

Buying a property is a huge investment and a big step. Doubly so if it’s located in a country you’re unfamiliar with.

There can be unusual legal procedures, different terminology and the ever-important idea that location matters most. Montenegro is a great place to live with a fairly straightforward real estate system.

A property may be the home where you live or at least be a significant piece of your portfolio, so don’t make a purchase without doing your research.

Use this guide to get set with the information you need before buying real estate in Montenegro.

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Montenegro’s Property Market: Prices & Trends

Montenegro's property market is on a fifteen year hot streak.

The Montenegro property market is an interesting one for those looking to relocate. It has the potential of offering that ideal combination of discounted prices now and appreciating value in the future.

There are a few complementary factors driving Montenegro property prices upwards. Generally, they are all related to drawing foreign capital and people into Montenegro’s real estate market.

This article delivers a snapshot view of the Montenegro real estate market in 2021 with a look at where it’s going in the future.

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Montenegro Real Estate & Property: Your Complete Guide

Montenegro Real Estate & Property: Your Complete Guide

Montenegro’s real estate is one of the country’s most attractive features. From beachside villas on sunny coastlines to lodges up in brooding mountains, there is a property in Montenegro for everyone!

To make matters even better, Montenegro’s favorable tax system also applies to real estate. That means that land-transfer, property and capital gains taxes are lower than they are in most parts of the world.

All that said, there are a few points to watch out for. Contracts are written in Montenegrin and urban planning is only just catching up to the rest of the world. You’ll need to set a plan and seek out trustworthy advice.

Much of the best real estate in Montenegro is still for sale. Here’s how to approach finding your dream home and the practical things you need to consider before falling in love.

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Finding Real Estate to Rent in Montenegro

Finding Real Estate to Rent in Montenegro

Renting can be a great way to establish a home in a new country. Buying a house might seem daunting, particularly when the country is still unfamiliar, so renting is an excellent first step.

Renting is a well-established way of life for many Montenegrins and lots of Montenegro property is for rent. That said, the recent move to allow property buyers to receive a temporary (but renewable) residence permit means that new builds tend to be geared to buyers rather than renters.

This guide will cover the tools you need to figure out Montenegro real estate rentals, where you should look and what you can expect to pay. Continue reading “Finding Real Estate to Rent in Montenegro”

Trustworthy Property Management in Montenegro

Trustworthy Property Management in Montenegro

Montenegro is very much a part of the European and wider international community.

Many of us who own a home here don’t live in it full time while we live or travel elsewhere. Others have added an investment property to the portfolio and want someone else to manage it.

Property managers exist for these reasons.

If you are in either of the above positions, or planning to be, finding good property management for your Montenegro real estate is critical. This guide will help you answer the important questions.

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