Cheap Property in Montenegro 2025 for Retirees

Montenegro’s scenic landscapes, Mediterranean climate, and low living costs make it an ideal destination for retirees seeking budget-friendly property options in 2025. Whether you prefer a coastal home or a peaceful mountain retreat, Montenegro offers fantastic real estate opportunities for retirees looking to maximize their savings. This guide outlines the best affordable areas, key cost insights, and expert tips for finding the best property deals in Montenegro.

1. Why Retire in Montenegro on a Budget?

Affordable Cost of Living

• Montenegro offers one of the most cost-effective lifestyles in Europe, with low housing costs, dining, and utilities.

Accessible Healthcare System

• Montenegro provides access to quality healthcare services, with affordable private healthcare options widely available.

Relaxed Coastal & Mountain Lifestyle

• Retirees enjoy Montenegro’s tranquil beaches, mountain trails, and vibrant coastal towns — all at a fraction of Western Europe's costs.

2. Best Affordable Places to Find Cheap Property in Montenegro

1. Bar – Affordable Coastal Living with Growth Potential

• Bar offers some of the most budget-friendly seafront properties, with access to markets, healthcare, and amenities.

Average Property Prices:

• Apartments: Starting from €1,500/m²

• Villas: €2,500 – €4,500/m²

2. Herceg Novi – Scenic Seaside Living on a Budget

• Herceg Novi’s calm seaside vibe, affordable housing, and scenic promenade make it ideal for retirees seeking affordability and comfort.

Average Property Prices:

• Apartments: €1,800 – €3,000/m²

• Villas: €3,000 – €5,000/m²

3. Ulcinj – Coastal Gem with Low Property Prices

• Ulcinj offers sandy beaches, warm weather, and affordable homes, making it ideal for retirees on a budget.

Average Property Prices:

• Apartments: Starting from €1,400/m²

• Villas: €2,500 – €4,000/m²

4. Podgorica – Affordable City Living with Convenience

• Montenegro’s capital provides low-cost city living with great infrastructure, healthcare services, and amenities.

Average Property Prices:

• Apartments: Starting from €1,200/m²

• Villas: €2,500 – €4,000/m²

3. Rental Options for Budget-Conscious Retirees

Bar & Ulcinj – Affordable Rental Deals

• Studio Apartment: €300 – €500/month

• 2-Bedroom Apartment: €500 – €800/month

Herceg Novi – Budget Seafront Rentals

• Studio Apartment: €400 – €600/month

• 2-Bedroom Apartment: €600 – €900/month

4. Tax Benefits for Retirees in Montenegro

Property Taxes:

• Property Transfer Tax: 3% on resale properties.

• VAT: 21% on newly built properties purchased directly from developers.

Rental Income Tax:

• A flat 9% tax applies to retirees who wish to rent out their property part-time.

No Inheritance Tax:

• Montenegro imposes no inheritance tax for immediate family members.

5. Residency for Retirees in Montenegro

Montenegro offers a Temporary Residence Permit for retirees who purchase property or sign a long-term rental agreement.

Requirements:

• Proof of property ownership or a valid rental contract.

• Proof of sufficient income to support your retirement.

• Health insurance coverage during your stay in Montenegro.

Tip: For expert support with residency applications and property searches, contact Boka Real Estate at +38266195383 or visit bokarealestate.me.

6. Why Choose Boka Real Estate for Your Retirement Move?

Boka Real Estate specializes in connecting retirees with affordable properties suited for comfortable, budget-friendly living in Montenegro. Our expert team offers tailored advice, exclusive listings, and support for legal processes to ensure your property purchase is smooth and secure.

Contact Boka Real Estate Today

For expert guidance on affordable property investments and retirement living in Montenegro, contact Boka Real Estate at +38266195383 or visit bokarealestate.me.

Retire comfortably in Montenegro with Boka Real Estate — your trusted property partner for 2025.