A Beginner's Guide to Buying Property in Montenegro
Buying property in Montenegro is a major milestone — whether you’re investing, relocating, or searching for your dream home. With its breathtaking coastline, favorable tax policies, and simple buying process for foreigners, Montenegro has become one of the top property markets in Southern Europe.
From choosing the right location to securing legal documents and planning your budget, this step‑by‑step guide will help you navigate the key stages of buying property in Montenegro — especially if it’s your first real estate purchase.
“Real estate is not just buying a home — it's about securing your future and investing in your lifestyle.”
Ana Golubovic
Steps to Buying Property in Montenegro
Buying property in Montenegro doesn’t have to be overwhelming — careful preparation simplifies every stage. These core steps will prepare you for a smooth and successful purchase.
- Define your budget: Include taxes, notary fees, furnishing, and maintenance costs.
- Research the market: Explore cities like Budva, Tivat, and Kotor — each offers unique advantages.
- Get legal advice: A local lawyer can help you check property ownership, permits, and contracts.
- Work with a real estate agent: Choose a licensed local expert experienced in helping foreigners buy property in Montenegro.
- Open a local bank account: Required for payments and registration of ownership.
- Sign the pre‑contract and make a deposit: This secures the property until the final sale agreement.
- Complete the purchase: Sign the final contract with a notary, transfer funds, and register your ownership.
Additional Considerations
In addition to the legal and financial essentials, consider these additional factors when buying property in Montenegro.
- Residency through property: Montenegro offers temporary residency for property owners.
- Rental income potential: Coastal cities like Budva provide excellent short‑term rental returns.
- Resale value: Choose locations with strong demand to protect your investment.
- Hidden costs: Be aware of utility connections, annual maintenance fees, and agency commissions.
Buying property in Montenegro doesn’t have to be complicated. With the right preparation and professional guidance, you can find a secure, profitable, and beautiful place to call home. Whether you're retiring, investing, or starting a new life by the sea — now is a great time to enter Montenegro’s real estate market.
Need help buying property in Montenegro?
Our team specializes in working with international buyers and expats. From property selection to furnishing and rental management — we offer full support to make your journey stress-free.
Check out our guide: Tips for Finding Your Dream Home — it includes advice on choosing the right neighborhood, budgeting, and more.
