Real estate in Montenegro is very popular. Low prices, the ability to issue a residence permit and a favorable environment in the country make the purchase of Montenegrin real estate a good opportunity to invest profitably.
Why should I buy property in Montenegro?
Montenegro is a country for comfortable living. Located on the Adriatic coast, towns and villages are characterized by a calm and measured way of life, developed infrastructure and beautiful landscapes.
Transport links in the country are well developed, and planes fly all year round. Due to the mild climate and a large number of Sunny days, there is almost no non-flying weather here.
Our compatriots feel comfortable in Montenegro due to the similarity of languages and cultures. People here are friendly and willing to make contact.
The cost of real estate in Montenegro
The real estate market in Montenegro has shown stability in recent years, and prices are below the General Mediterranean level.
An apartment or a small house in Montenegro can be purchased at the price of an average suburban cottage.
The main part of real estate in Montenegro, offered for sale, are houses and apartments of the secondary market. New buildings can also be purchased, but they are much smaller. Many objects of secondary real estate are not inferior to new buildings in terms of comfort.
A distinctive feature of Montenegro is the unique housing. There are many cozy mansions located in the most beautiful places. You can choose your own accommodation to your taste and enjoy the views.
Montenegro’s undeniable advantage is its loyal tax system. Here, tax rates are much lower than the European average.
Before making a decision to purchase a specific property in Montenegro, you need to check:
- the presence of a document on entering the structure in the cadastre-unfortunately, there are quite a lot of illegally built houses in the country;
- construction permit-relevant in case of acquisition of a plot;
- possibility to rent out real estate — if the owner is not going to live in Montenegro permanently, he will be able to receive additional income from tenants.
In order to make the transaction correctly, it is better not to risk and contact a real estate Agency. On average, the procedure takes about three days, and all transactions are made in the presence of a notary.
Experts predict that the demand for real estate in Montenegro will grow steadily and now you can make a very good deal.
4 comments
Alexander Rees
We went down the lane, by the body of the man in black, sodden now from the overnight hail, and broke into the woods at the foot of the hill.
Ralph Davin
On our side the fire had done no more than scorch the nearer trees; it had failed to secure its footing. In one place the woodmen had been at work on Saturday; trees, felled and freshly trimmed, lay in a clearing, with heaps of sawdust by the sawing-machine and its engine.
Alexander Rees
We went down the lane, by the body of the man in black, sodden now from thee overnight hail, and broke into the woods at the foot of the hill.
Ralph Davin
On our side the fire had done no more than scorch the nearer trees; it had failed to secure its footing. In one place the woodmen had been at work on Saturday; trees, felled and freshly trimmed, lay in a clearing, with heaps of sawdust by the sawing-machine and its engine.