Renting Property in Montenegro 2025: Key Tips

Montenegro’s property rental market continues to thrive, attracting both local residents and international tenants. Whether you’re a landlord looking to maximize returns or a tenant seeking the perfect home, understanding rental laws and key considerations in 2025 is essential. This guide covers everything landlords and tenants need to know in Montenegro.

1. Key Rental Laws in Montenegro (2025)

Montenegro’s legal framework protects both landlords and tenants. Rental agreements should include:

• Monthly Rent Amount: Clearly defined payment terms.

• Deposit Requirements: Typically equivalent to one month’s rent.

• Lease Duration: Short-term leases (under 12 months) or long-term agreements.

• Maintenance Obligations: Outlines responsibilities for repairs and property care.

2. Tips for Landlords in Montenegro

Step 1: Set a Competitive Rental Price

Analyze local rental market trends to determine a fair yet profitable price. Coastal areas like Budva, Tivat, and Kotor have high rental demand, especially for furnished properties.

Step 2: Prepare Your Property for Rent

• Ensure the property is clean, well-maintained, and move-in ready.

• Consider adding key amenities such as Wi-Fi, modern appliances, and air conditioning to attract quality tenants.

Step 3: Draft a Clear Rental Agreement

Your contract should outline:

• Payment schedules and late fee policies.

• Tenant and landlord responsibilities.

• Termination terms and deposit return conditions.

Step 4: Register Your Rental Property

All landlords renting property for more than 30 days must register with Montenegro’s local authorities and declare rental income.

Tax Tip: Rental income is subject to a 9% flat tax in Montenegro.

3. Tips for Tenants in Montenegro

Step 1: Choose the Right Location

Popular rental locations include:

• Budva: Ideal for short-term stays and holiday rentals.

• Tivat: Great for expats and professionals.

• Kotor: Suitable for those seeking cultural charm and tranquility.

Step 2: Inspect the Property Thoroughly

Before signing a contract, inspect:

• Plumbing, electrical systems, and heating.

• Furniture, appliances, and overall condition.

• Any damages should be documented to avoid disputes.

Step 3: Understand the Lease Terms

• Clarify your payment obligations, maintenance responsibilities, and renewal terms.

• Ensure the contract is notarized for added legal protection.

4. Costs for Landlords and Tenants

For Landlords:

• Annual Property Tax: Between 0.1% – 1% of the property’s market value.

• Rental Income Tax: Flat 9% on declared income.

• Maintenance Costs: Ensure repairs and utilities are well-managed to retain tenants.

For Tenants:

• Security Deposit: Typically one month’s rent.

• Utility Costs: Water, electricity, and internet are often paid separately.

5. Why Choose Boka Real Estate for Rental Support?

Boka Real Estate provides expert guidance for both landlords and tenants. From property marketing to lease negotiations, our team ensures smooth transactions and secure rental agreements in Montenegro’s thriving property market.

Contact Boka Real Estate Today

For expert rental services, contact Boka Real Estate at +38266195383 or visit bokarealestate.me.

Find your ideal rental property or attract quality tenants with Boka Real Estate — your trusted partner in Montenegro’s rental market for 2025.