The law allows foreigners to freely Montenegro purchase
residential and commercial real estate in Montenegro. In Montenegro, the historically
there was protection of private property rights to land, because land has always
is privately owned and has never alienated.
Residential and commercial real estate in Montenegro, mainly privately owned.
After the buyer has to come to Montenegro and select an object, lawyers
help to make a preliminary contract of sale. After discussion,
all the details and sign the final agreement, the client, according to
stipulated conditions, to pay the cost of real estate.
This can be done, both in cash and transferring money to an account
in the bank. Import into Montenegro cash and assets on credit
the map is not limited. After payment, the seller sends the documents to the client in real estate, and the customer arrange the ownership of the new owner (himself) in court.
Relatively low level of bureaucratization of the state mechanism
will complete a purchase - the sale of real estate in Montenegro during the
a few days.
legal procedures:
agree on the terms of the transaction
signing of the contract of agency commission
preparation and signing a written contract of sale of real estate in Montenegro
signed Treaty shall be registered in the Court and establishes a transfer of ownership. Certified by all the signatures and their legitimacy in the Court
Tax Inspectorate to determine the market value of the acquired real estate in Montenegro and decides to pay the real estate tax (tax rate is 3% of the market value of real estate in Montenegro)
transaction completes full payment under the contract of sale of real estate in Montenegro
the right new owner for the real estate registered in the Cadastre
buyer receives the decision on entering into inventory and the certificate - "Leaf nepokretnosti"
the acquisition of residential real estate in Montenegro for foreign nationals there are no restrictions. Investors wishing to buy land for future construction, process ownership of the land to a company registered in Montenegro. Our lawyers can assist in company registration, opening bank accounts at the Bank of your choice and the subsequent conduct of financial and management reporting.
Registration of real estate in Montenegro on the individual
The whole process of registration of sale takes several days, thanks to the low level of bureaucratic process.
To conclude a sales contract requires the presence of both parties. However, the buyer is able to execute all necessary documents on the basis of power of attorney to a representative. Register a new ownership takes 15-20 days, although if necessary they can be reduced to 1 day, subject to payment of a special collection.Drafting of contracts, a complete legal support for transactions and registration of documents shall be a lawyer or law office, having a license.
The process of buying real estate consists of several stages, which include:
selection of the property at the request of the client (and the signing of a contract for services);
verification of legal purity of the object, the legality of its registration and ownership, support for a transaction of purchase and sale of selected real estate at all stages;
agreement with the seller of the bargain;
the signing of an agreement on advance payment for the selected property. This contract specifies details of the buyer and seller, describe in detail the subject of the transaction, the price of the sale / purchase, conditions and method of payment, the date of the contract of sale, and various assurances from the seller that he really is the owner selling the property and has full right to sell it;
advance payment and the buyer agent commission;
preparation and signing of the contract of sale of the property before the Court, which means the court, not notarized, such as in Russia, the assurances of the transaction;
payment of the purchase of the property under the contract;
title registration at Companies House (the contract of sale is registered in the Cadastre (Gruntovnitse), where he was given a number, the buyer is given a sheet nepokretnosti. When you sign the sales contract is paid tax on the purchase of real estate at a rate of 3%, the registration fee in court for the registration contract of sale and collect when entering into the cadastral book, which ranges from 70 to 250 euros);
the buyer receives the decision on making the property in inventory and a certificate of ownership - "Leaf nepokretnosti.
In fact, the buyer becomes the owner of the property since the signing of definitive purchase agreement, legally - from the cadastral registration.
Registration of real estate in Montenegro on the legal person
The grounds for obtaining a residence permit in Montenegro can be a document confirming the foundation of a legal entity in the territory of Montenegro. After 2 years you may receive Montenegrin citizenship.
It must be remembered that the land belongs to the general plan of development of the Montenegrin coast, in the case of acquisition for construction of public utilities subject to tax (depending on the location of the land he may be from 30 to 200 euros per square meter). The site can be located at the seaside chic, rock and exclusive areas of cities.
To register a legal entity, the following documents:
- Copy of passport,
- A copy of internal passport,
- Power of attorney or the personal presence of the founder.
Ltd. is registered in the city or the regional Commercial Court at the location of registered office. After receiving the registration certificate of the company shall be registered with the tax authorities and statistical authorities, is opening a corporate account of a local bank. The cost of registration of legal persons is around 500-600 euros (depending on the community) and takes 3-5 days.
Cost of maintenance of the property:
According to the laws of Montenegro annual property tax is 0,08-0,8% of the market value of the property. The tax rate is determined by the local authorities.
Operating expenses for the maintenance of the house is 250-800 euros
 Additional expenses related to registration of the contract of sale is paid 3% of the declared
value of the property to the state budget.
Property under private ownership, subject to a relatively low
property tax - 0, 25% of market value (ca.200 euros per year for an apartment of about 80 meters).
Tax on the demise symbolic.
Contents of real estate in the absence of the owner is reduced to pay bills
garbage - about 8-12 euros per month. and the subscriber's phone bills - 5 euros per month.
 Cost of maintaining the estate property held in private ownership, subject to a relatively low
property tax - 0, 25% of market value (about 200 euros per year
flat area about 80 meters).
Tax on the demise symbolic.
Contents of real estate in the absence of the owner is reduced to pay bills
garbage - about 8-12 euros per month. and the subscriber's phone bills - 5 euros per month.
Banks. Credits. Unfortunately at present in Montenegro are not available for mortgage lending or foreign citizens or for citizens of Montenegro.
The only option of purchasing property in installments is an arrangement with the property owner about this subject to the payment transaction of sale or receipt of a Russian bank loan against other needs.
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Buying Property - Montenegro