Retiring in Montenegro 2025: Best Places to Live
Montenegro’s scenic coastline, affordable living costs, and relaxed lifestyle make it an ideal destination for retirees seeking tranquility and comfort. In 2025, Montenegro continues to attract retirees looking for beachfront villas, mountain retreats, and charming coastal towns. This guide highlights the best places to retire in Montenegro and offers expert insights on buying or renting property.
1. Best Places to Buy Property for Retirement in Montenegro
1. Budva Riviera – Coastal Comfort and Vibrant Lifestyle
Budva offers retirees a blend of cultural charm and modern conveniences.
Ideal for retirees seeking easy access to beaches, restaurants, and healthcare facilities.
Average Property Prices:
Apartments: €3,500 – €6,000/m²
Villas: €5,000 – €8,000/m²
2. Kotor Bay – Peaceful Living with Stunning Views
Kotor’s UNESCO-listed old town and peaceful surroundings make it ideal for retirees seeking a quiet yet culturally rich lifestyle.
Known for waterfront apartments and traditional stone houses.
Average Property Prices:
Apartments: €2,800 – €5,000/m²
Villas: €4,500 – €7,000/m²
3. Herceg Novi – Coastal Serenity
Herceg Novi’s mild climate and charming coastal promenades attract retirees seeking peaceful living.
Affordable property prices make it a great value-for-money option.
Average Property Prices:
Apartments: €1,800 – €3,000/m²
Villas: €3,000 – €5,000/m²
4. Bar – Affordable Coastal Living
Bar is ideal for retirees seeking low-cost yet comfortable coastal properties.
Offers a laid-back lifestyle, local markets, and easy access to medical services.
Average Property Prices:
Apartments: Starting from €1,500/m²
Villas: €2,500 – €4,500/m²
2. Renting Property for Retirement in Montenegro
Best Areas for Renting in 2025:
Tivat and Kotor Bay offer excellent rental options for retirees seeking a peaceful yet vibrant community.
Herceg Novi offers affordable rentals in coastal neighborhoods.
Average Rental Costs:
Apartments start at €500/month in Herceg Novi and Bar.
Premium seafront apartments in Budva and Tivat may range from €800 – €1,500/month.
3. Key Tips for Retirees Investing in Montenegro
Prioritize properties with nearby medical services, supermarkets, and social spaces.
Consider low-maintenance apartments or villas with secure parking and accessibility features.
Partner with Boka Real Estate for personalized guidance, exclusive listings, and secure transactions. Contact us at +38266195383 or visit bokarealestate.me.
4. Montenegro’s Tax & Legal Considerations for Retirees
Property Taxes:
Property Transfer Tax: 3% on resale properties.
VAT: 21% on newly built properties purchased from developers.
Retirement Residency Benefits:
Retirees can obtain a Temporary Residence Permit by purchasing property.
Residency provides long-term stay options and easier travel within the Schengen area.
5. Why Choose Boka Real Estate?
Boka Real Estate specializes in helping retirees find their dream property in Montenegro. From beachfront apartments to cozy mountain homes, we provide expert guidance, tailored listings, and seamless transactions to ensure a stress-free move to Montenegro.
Contact Boka Real Estate Today
For expert advice, property listings, and personalized support for retirees in Montenegro, contact Boka Real Estate at +38266195383 or visit bokarealestate.me.
Retire in comfort with Boka Real Estate — your trusted property partner in Montenegro's 2025 real estate market.
