We will share information about the procedure for purchasing a house or villa in Montenegro, which real estate and where it is better to buy, the procedure for buying a home.
What are the advantages of buying a house in Montenegro
Real estate in Montenegro is often considered by foreigners for emigration and investment. A house on the coast of the pure Adriatic Sea can also be used as a cozy residence for summer holidays. Consider all the advantages of buying real estate in this picturesque Balkan country.
Advantages of buying a private house in Montenegro:- business prospects, it is possible to organize a profitable business in the field of tourism;
- the country has a visa-free regime for many nationalities;
- reasonable prices for the maintenance of residential facilities;
- optimal prices per square meter;
- a large selection of private houses, villas and cottages in different localities of the country;
- the possibility of obtaining a residence permit on simplified terms with subsequent registration of permanent residence;
- a private house in the resort towns of Montenegro can be rented profitably to tourists during the peak season, getting an excellent income.
Montenegro is an ecologically clean country, comfortable for recreation and permanent residence. There are many foreigners here, a hospitable population, and a low crime rate. The infrastructure is well developed. There are a lot of advantages of living in Montenegro in your own house. Foreigners choosing this country for emigration are not disappointed in their decision over the years.
Types of houses in Montenegro for sale
You can buy real estate in Montenegro on the primary and secondary market. A huge selection of private houses of different sizes and equipment is available to buyers.
Types of houses in Montenegro for purchase:- ready-to-live villas with panoramic views of the coast;
- new buildings for finishing and repair;
- luxury villas with modern designer renovation and full equipment (furniture, household appliances);
- budget economy class homes;
- private homes with spacious land plots, cozy terraces, balconies, swimming pools on the territory.
There are a lot of options. You can study all the current offers from the owners on the real estate sale website. Keep in mind that there is no way to put everything relevant on the Internet. If you really want to find an interesting villa or house, then fill out the request form for a similar object and we will inform you about the options you need.
Where is the better place to buy a house in Montenegro
There are many cozy villages and cities in Montenegro where you can buy a private house or villa for permanent residence, recreation or for commercial purposes.
If the buyer is interested in renting out a house, it is necessary to consider options in
resort settlements of the Adriatic coast:
Budva,
Bar,
Tivat,
Kotor,
Sutomore,
Petrovac,
Herceg Novi, etc. Housing in these cities will also be of interest to buyers considering real estate for vacation or permanent residence in Montenegro with the opportunity to organize their own business related to tourism.
Podgorica,
the capital of Montenegro, will also be a good option for emigrants. There is no seashore here, but the infrastructure and cultural life are well developed. There are kindergardens, schools, medical centers, as well as various businesses where qualified specialists can get a permanent job.
If you are thinking about
unspoiled nature, silence, beautiful views of mountains or valleys, then pay attention to
Kolasin and
Zabljak. By the way, these locations are very interesting for investors because they are popular tourist locations with a season of 9 to 10 months a year.
Contact us now so that we can share with you our experience, experience of our clients for the best choice of a place to live or for investment.
The prices of a villas or houses in Montenegro
In comparison with other European countries, real estate prices in Montenegro are the most acceptable.
The most expensive properties are located in the coastal cities of the country, where tourism is developed. Tivat and Budva are the leaders in terms of prices per 1 m2. The minimum price per square meter of a decent quality house on the coast is from 2000 euros per square meter .
Real estate in the central part of Montenegro is cheaper by an order of magnitude. True, there is no seashore in these cities, but it is quite suitable for permanent residence. Getting to the sea will not be difficult, there is a well-developed transport interchange in the country, public transport runs in all directions. the prices here starts from 1200 euros per square meter.
How to buy a house in Montenegro for a foreigner
Citizens from any country can freely purchase a private villa or house in Montenegro, observing the general rules of registration of a real estate transaction. You can choose a suitable option for buying yourself by studying the current ads on online sales sites or using the services of our realtors from specialized agencies.
As soon as the house is selected, it is necessary to check all the documents for the property, the absence of encumbrances, the availability of permits for sale from co-owners (if several persons have the rights for the real estate). Experienced specialist from our real estate agency will quickly cope with this work.
Further steps:- Collection of documentation for submission to the notary office.
- Registration of a preliminary contract with a notary with a deposit of 10% of the cost of a private house selected for purchase.
- On the appointed day, accompanied by a lawyer and a translator, a purchase and sale transaction is executed.
- The contract specifies the period during which the buyer must pay the remaining amount of debt for the purchased house. The money is transferred to the seller's bank account.
- After receiving the payment, the seller writes a receipt.
- The notary sends the third copy of the contract to the Cadastre, where the real estate object is already being re-registered in the name of the new owner.
- The buyer receives a certificate of ownership (List Nepokretnosti) in Montenegro and pays tax on the purchase of real estate.
On average, it takes 1 month to process documents in the Cadastre. After this period, the buyer becomes the rightful owner of the purchased house in Montenegro.
Bar Sutomore Dobra-Voda Susanj Zabljak Uteha Tivat Krasici Kolašin Podgorica Sveti-Stefan Budva Prčanj Danilovgrad Kotor Petrovac Bečići Radanovici Risan Herceg-Novi Dobrota Čanj Ulcinj