How to Buy Land in Montenegro: Complete Guide
Do you dream of owning a home on the shores of the Adriatic Sea, where the sun warms your skin, and the sea breeze brings you refreshing coolness? In this article, we will discuss the opportunities and nuances of purchasing land in Montenegro and how much it costs to build a house.
Popular Regions for Buying Land in Montenegro
Budva: The most popular resort town with high property prices.
Kotor: A picturesque port city with historical charm and more affordable options.
Bar: A peaceful town with sandy beaches and reasonable prices.
Herceg Novi: A city known for its unique architecture and stunning views of the Bay of Kotor.
Ulcinj: The southernmost city with a subtropical climate and budget-friendly land options.
How to Buy Affordable Land in Budva
Since Budva is the most sought-after tourist destination, land prices here are among the highest. However, there are ways to find cheaper options:
Look for plots in nearby villages like Krasici, Krimovica, or even Podgorica. In Krasici, prices start from €260 per square meter.
Choose mountain-view properties rather than direct sea-view locations.
Buy land designated for development projects rather than pre-approved projects.
Browse our full land catalog with no commission fees
See available plots in Krasici from €260/m²
Why Montenegro is an Attractive Destination for Buying LandBreathtaking landscapes, from crystal-clear waters to majestic mountain peaks.
Mild Mediterranean climate with over 250 sunny days per year.
Well-developed infrastructure, including roads, public transport, and modern utilities.
Stable political and economic environment for foreign investors.
Competitive real estate prices compared to other European countries.
Step-by-Step Process to Buy Land in Montenegro
Select a plot based on budget, location, and property type.
Verify documents to ensure clear ownership and legal rights.
Sign a purchase agreement with the seller.
Make the payment according to the contract terms.
Register ownership with the cadastral office.
Permits & Licensing for Construction
If you plan to build on the land, you will need:
A building permit from the local municipality.
Technical documentation, including architectural plans by a certified professional.
Utility approvals for electricity, water, and sewage connections.
Financial Aspects of Buying Land
Apart from the purchase price, consider the following additional costs:
Transaction fees: Notary, translator, and legal services.
Taxes: Property tax (1% of the cadastral value), inheritance tax (19-32%).
Utility connection fees: Electricity, water, gas, and sewage.
Geodetic surveys for construction planning.
Taxes & Obligations for Landowners
Annual property tax: 1% of the cadastral value.
Maintenance obligations: Keep the land clean and well-kept.
Utility payments: For electricity, water, and other services.
Common Mistakes When Buying Land
Failure to verify legal ownership and zoning restrictions.
Not understanding local real estate laws and building regulations.
Overpaying for land without proper valuation and comparison.
Can Foreigners Buy Land in Montenegro?
Yes, foreign buyers can purchase land in Montenegro, but there are some restrictions:
Border areas and islands are off-limits for non-citizens.
The land plot cannot exceed 1,000 m² unless purchased through a legal entity.
Types of Land in Montenegro
Countryside plots: Ideal for those seeking peace, farming, or eco-living.
Coastal plots: Prestigious but more expensive, offering private beach access.
Mountain plots: Perfect for nature lovers and outdoor enthusiasts.
Explore land listings with sea or mountain views
Get a free consultation today: +38266195383
