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.

Can you help me after the purchase?

Yes. We offer full property management including maintenance, cleaning, rental bookings and guest check-ins — ideal for owners living abroad.

Featured For Sale Hot Offer

Mini-Hotel for Sale in Pržno, Budva with Sveti Stefan Views Montenegro

€2.000.000

Overview

Property ID: HZhotel

Hotel
Property Type

10
Bedrooms

10
Bathrooms

358 m2
Area Size

Description

Mini-hotel on the second line from the sea in Pržno, Budva. Ground, first, and second floors each contain three apartments of 28–42 m². All three ground-floor units have direct access to a 236 m² yard landscaped with olive groves and Mediterranean greenery. The third floor features a penthouse of 89 m² with a panoramic sea-view terrace. Every unit is fully air-conditioned and equipped with a kitchen, private bathroom, and terrace exit.

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Address

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Address: Sveti Stefan, Pržno 85315, Montenegro
City: Budva
Land: Montenegro

Details

Updated on May 12, 2026 at 8:09 am

Property ID HZhotel
Price €2.000.000
Property Size 358 m2
Land Area 386 m2
Bedrooms 10
Rooms 10
Bathrooms 10
Year Built 2025
Property Type Hotel
Property Status For Sale

Mini-Hotel for Sale in Pržno, Budva with Sveti Stefan Views Montenegro

Mini-Hotel for Sale in Pržno, Budva with Sveti Stefan Views Montenegro

Overview

Description

Address

Details

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Montenegro Headquarters

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