Can foreigners buy property in Montenegro?

Yes, foreigners can freely buy property in Montenegro. There are no restrictions on foreign ownership of apartments or houses.

What are the costs when buying property in Montenegro?

For new builds, there is no property transfer tax — VAT is already included in our prices. For existing properties, a 3% property transfer tax applies. Additional costs include notary fees (around 0.1–0.5%) and legal fees.

What are the main steps to buy property in Montenegro?

Find a property, sign a preliminary contract, pay a deposit, complete due diligence, sign the final contract at a notary, and register ownership. We guide you through every step.

Do I need to visit Montenegro to complete the purchase?

Not necessarily. You can grant power of attorney to a local lawyer or agent to handle the entire process remotely on your behalf.

Do I need residency to own property in Montenegro?

No. You can own property without being a resident. However, owning real estate in Montenegro can support your application for temporary or long-term residency.