Foreigners Buying Property in Montenegro 2025

Montenegro has become a top destination for international property investors due to its stunning coastal views, favorable tax system, and simplified legal process. If you're considering buying property in Montenegro in 2025, this guide outlines everything you need to know — from legal requirements to financial benefits.

Can Foreigners Buy Property in Montenegro?

Yes, Montenegro has a highly accessible property market for foreign buyers. There are no restrictions on non-residents purchasing residential or commercial properties, making it one of the most foreign investor-friendly countries in Europe.

Key Legal Points:

• Foreigners can buy apartments, houses, and commercial properties directly.

• Land designated as "agricultural" may require purchasing through a locally registered company.

• All property transactions must be verified by a public notary to ensure legality and transparency.

The Property Buying Process in Montenegro

1. Find a Reliable Real Estate Agency
   Working with a trusted agency like Boka Real Estate ensures access to verified listings and professional guidance throughout the buying process. Visit bokarealestate.me or call +38266195383 for expert assistance.

2. Property Selection and Agreement
   Once you've chosen a property, a preliminary contract is signed to secure the deal. This includes agreed terms, payment schedule, and conditions.

3. Legal Due Diligence
   A lawyer will verify property ownership, ensure there are no outstanding debts, and confirm building permits.

4. Notarization and Final Contract
   The sales contract must be notarized in Montenegro. Upon signing, the buyer usually pays a deposit of 10% to 30% of the total property value.

5. Property Registration
   The property is registered with the local Cadastre (property registry) under your name, confirming ownership rights.

Costs Involved When Buying Property in Montenegro

1. Property Tax: Approximately 3% of the property’s market value, payable after the sale is finalized.

2. Legal Fees: Usually 1-2% of the property value for lawyer services and contract preparation.

3. Notary Fees: Varies depending on the property's value, generally between 0.01% – 0.05%.

4. Agency Fees: Often 3% of the purchase price.

5. Registration Fees: Minor administrative costs apply when registering property ownership.

Financial Benefits of Buying Property in Montenegro

1. Low Tax Environment: Montenegro’s flat 9% income tax is one of the most competitive in Europe.

2. Rental Income Potential: Coastal towns like Budva, Tivat, and Kotor are hotspots for vacation rentals, providing excellent returns on investment.

3. Property Value Growth: Montenegro’s growing economy and tourism sector are driving property prices upward.

4. Residency Opportunities: Property owners can apply for a residence permit, allowing extended stays in Montenegro.

Best Investment Locations for Foreign Buyers in 2025

• Budva: Known for vibrant nightlife, beaches, and high tourist demand.

• Tivat: Home to Porto Montenegro, ideal for luxury property investments.

• Kotor: Offers historic charm and strong rental income potential.

• Bar: A budget-friendly coastal city with growing infrastructure.

Why Choose Boka Real Estate?

Boka Real Estate specializes in helping foreign investors navigate Montenegro’s property market. With extensive local knowledge and personalized support, we ensure a smooth buying experience from start to finish.

Contact Boka Real Estate Today

For expert advice, property listings, and legal guidance, contact Boka Real Estate at +38266195383 or visit bokarealestate.me to start your property search today.

Discover your dream property in Montenegro with Boka Real Estate — your trusted investment partner in 2025.