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Buy property in Montenegro

Buying and selling real estate is a very responsible step. The process itself is quite complicated due to the use of pitfalls. But the procedure will go quickly and smoothly if you contact us

Real estate for sale Montenegro

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Comfortable flats in a beachfront project in Budva in Montenegro

Price from: €300000 SKU: PRY63184
This prestigious beachfront development for sale in Budva, Montenegro, stands out for its exceptional features and prime location, making it a highly sought-after residential complex in Budva. The complex comprises 212 elegant residences, a luxurious 5-star hotel with 144 rooms, and a sophisticated 2700 sqm commercial space hosting 27 high-end shops, positioning it as an...
Area: 60-135м2
Property type: Apartments
Country: Montenegro, Budva

Spacious 6-room house in Sutomore

Price from: €150000 SKU: PRY64516
This exquisite residence is perfectly positioned to offer panoramic views of the Adriatic Sea, merely a five-minute stroll from the renowned Sutomore Beach—ranked among Montenegro’s top 20 beaches. Vehicle access is seamless, complemented by available parking facilities. Comfort is a priority, with each floor and room equipped with air conditioning and climate control systems for...
Area: 150м2
Property type: Apartments
Country: Montenegro, Sutomore

Penthouse with panoramic views and spacious trapezoidal layout right by the sea

Price from: €2950000 SKU: PRY69997
This luxurious penthouse in Montenegro for sale, encompassing 316 square meters with an additional private terrace of 253 square meters on the second level, offers a sophisticated living experience with 3-4 bedrooms and is priced starting at €2,950,000. Nestled in a central location within the complex, it boasts panoramic sea views and vistas of Budva,...
Area: 316м2
Property type: Apartments
Country: Montenegro, Budva

Luxury apartments with 5* hotel service with income opportunity

Price from: €3300000 SKU: PRY70005
This luxurious apartment for sale in Montenegro spans 271 square meters, complemented by a 231 square meter roof terrace, totaling an impressive 502 square meters of living space. Offered at €3,300,000, this exquisite property boasts breathtaking views of the sea and the historic Old Town of Budva. The apartment is meticulously finished and furnished, ready...
Area: 271м2
Property type: Apartments
Country: Montenegro, Budva

The most spacious of all the apartments, a three bedroom penthouse with a roof terrace

Price from: €2500000 SKU: PRY70022
This exquisite three-bedroom penthouse in Montenegro, spanning 255 square meters plus an additional 202 square meter roof terrace, totaling 457 square meters, is the epitome of luxury living. Priced at 2,500,000 €, it stands as the pinnacle of spaciousness within the apartment selection in Budva. The penthouse boasts a breathtaking roof terrace that provides unparalleled...
Area: 255м2
Property type: Apartments
Country: Montenegro, Budva

Furnished and accessorised apartments with profit opportunities

Price from: €1700000 SKU: PRY70030
Luxury apartments for sale in Budva, Montenegro! This apartment offers two bedrooms, spanning an impressive 148 square metres, complemented by a spacious 129 square metre front terrace. Originally listed at €1,800,000, it is now available for urgent sale at a reduced price of €1,700,000—a hot opportunity on the secondary market. The property comes fully furnished,...
Area: 148м2
Property type: Apartments
Country: Montenegro, Budva

Apartments in the best luxury residential complex in the Mediterranean region

Price from: €1500000 SKU: PRY70038
This apartment in Montenegro is impeccably furnished and available for immediate occupancy, offering an exceptional living space of 159 square meters. It includes two bedrooms and boasts a terrace that presents breathtaking views of the sea and Budva’s historic Old Town. The furniture and accessories package is priced at €60,000, making it an attractive investment....
Area: 159м2
Property type: Apartments
Country: Montenegro, Budva

Three-bedroom apartment in Budva

Price from: €1550000 SKU: PRY70046
Three-bedroom apartment for sale in Montenegro, Budva! This expansive apartment offers breathtaking panoramic views of both the sea and mountains from the living room, bedrooms, and terrace. It features three bedrooms and spans 181 square meters. Included is a furniture and accessories package priced at €55,000. Owning this luxurious apartment, complete with 5-star hotel services,...
Area: 181м2
Property type: Apartments
Country: Montenegro, Budva

Spacious apartment with stunning panoramic views from the living room, bedrooms and terrace over the sea and mountains

Price from: €1450000 SKU: PRY70056
Apartment in Montenegro for sale, encompassing 146 sqm, features two bedrooms and offers expansive, panoramic views that sweep from the terrace across the living room and bedrooms, embracing both sea and mountain vistas. Included in the purchase is a furniture and accessories package valued at €50,000. Acquiring this premium apartment with 5-star hotel services presents...
Area: 179м2
Property type: Apartments
Country: Montenegro, Budva

Spacious apartment with sea view

Price from: €1435000 SKU: PRY70064
Experience the pinnacle of luxury living with our 5-star hotel service apartments in Montenegro, offering not just an idyllic holiday retreat but also a lucrative investment opportunity. By renting out your apartment during periods of non-use, you can generate a consistent income throughout the year, with an annual profit margin of 6%. Our 180 sq.m....
Area: 180м2
Property type: Apartments
Country: Montenegro, Budva

Flat, which will work and bring you a stable income 12 months a year

Price from: €1200000 SKU: PRY70253
For sale luxury apartments in Budva, Montenegro! Situated on the picturesque Zavala Peninsula within the dynamic Budva Riviera in Montenegro, this residential development is celebrated as one of the premier luxury properties in the Mediterranean. Nestled amid verdant surroundings and boasting panoramic views of the coastline, this complex is conveniently positioned near the quaint town...
Area: 172м2
Property type: Apartments
Country: Montenegro, Budva

Flat with a terrace overlooking the sea, Budva and the picturesque mountains with an income opportunity

Price from: €1100000 SKU: PRY70267
This 2-bedroom flat in Montenegro, spanning 157 square meters, is adorned with a terrace that presents breathtaking views of the sea, Budva, and the enchanting mountains that frame the area. Included is a furniture and accessories package valued at €45,000, elevating the comfort and luxury of the space. Ideal for vacation escapes, year-round habitation, or...
Area: 157м2
Property type: Apartments
Country: Montenegro, Budva

Luxury flats on the Adriatic coast in the most picturesque place in Montenegro

Price from: €900000 SKU: PRY70275
Situated on the picturesque Zavala Peninsula within the vibrant Budva Riviera in Montenegro, this luxury residential development stands out as a premier Mediterranean living destination. Surrounded by verdant landscapes and offering panoramic views of the Adriatic Sea and St Nicholas Island, the development enjoys a prime location near the enchanting town of Budva, allowing residents...
Area: 147м2
Property type: Apartments
Country: Montenegro, Budva

Secondary apartments with 2 bedrooms

Price from: €950000 SKU: PRY70283
Nestled on the picturesque Zavala Peninsula, within the lively ambiance of Montenegro’s Budva Riviera, this property stands as a premier luxury residential development in the Mediterranean. Surrounded by verdant flora and offering panoramic views of the coastline, this complex is conveniently situated near the enchanting town of Budva, allowing residents to bask in the breathtaking...
Area: 147м2
Property type: Apartments
Country: Montenegro, Budva

Apartments in Residential Complex with hotel service 5* with the possibility to receive income from renting out

Price from: €950000 SKU: PRY70291
Situated on the picturesque Zavala Peninsula within the dynamic Budva Riviera, this luxury residential development is acclaimed as one of the Mediterranean’s premier properties. Surrounded by verdant greenery and offering sweeping views of the coast, the complex is conveniently located near the enchanting town of Budva. Residents can revel in breathtaking vistas of the Adriatic...
Area: 133м2
Property type: Apartments
Country: Montenegro, Budva

Flat with terrace with side sea view

Price from: €950000 SKU: PRY70300
Nestled on the Zavala Peninsula, within the lively Budva Riviera in Montenegro, this development is celebrated as one of the premier luxury residential offerings in the Mediterranean. Surrounded by verdant foliage and perched near the sea coast, it offers proximity to the enchanting town of Budva. Occupants are treated to breathtaking vistas of the Adriatic...
Area: 146м2
Property type: Apartments
Country: Montenegro, Budva

Apartments with guaranteed income in Budva

Price from: €850000 SKU: PRY70308
The apartments come with high-quality finishes, a fully equipped kitchen, and a bathroom. Each unit boasts a contemporary air conditioning system and a Smart Home setup, enabling remote management of lighting, the boiler, and underfloor heating. Consider a 146 sqm 2-bedroom apartment in Budva, perfect for vacation stays, long-term living, or rental investment. Situated along...
Area: 146м2
Property type: Apartments
Country: Montenegro, Budva

Apartments in one of the best luxury residential complexes in the Mediterranean region with an annual profit of 6%

Price from: €960000 SKU: PRY70322
The apartments in Montenegro for sale are offered with complete, high-quality finishes, including fully equipped kitchens and bathrooms. Each unit features an advanced air conditioning system and a Smart Home system, enabling remote control of lighting, the boiler, and underfloor heating. Featuring a one-bedroom layout and covering 95 square meters, these apartments in Montenegro boast...
Area: 95м2
Property type: Apartments
Country: Montenegro, Budva

Luxury sea view apartments with guaranteed income

Price from: €850000 SKU: PRY70330
The apartment comes fully equipped with high-quality finishes, including a fully outfitted kitchen and bathroom. Each unit boasts a state-of-the-art air conditioning system and a Smart Home system, enabling remote control over lighting, the boiler, and underfloor heating. The one-bedroom apartment spans an impressive 94 square meters. These apartments in Montenegro represent an ideal choice...
Area: 94м2
Property type: Apartments
Country: Montenegro, Budva

Popular properties

Property for sale in Montenegro

Beautiful coastline, mountains, lakes and mines perfectly describe Montenegro. It has incredible towns, marvelous islands, and beautiful canyons. The lovers of both the mountains and the sea come here to relax. So, let’s find out all the nuances of real estate investment in Montenegro.

Real estate market of a country

The residential real estate market in a country is witnessing a rise in interest from global investors, driven by its beautiful coastal scenery and competitive prices.

By 2024, the market is expected to reach a value of US$17.15 billion, with an estimated annual growth rate of 5.69% projected between 2024 and 2028.

This growth trajectory is anticipated to result in a market volume of US $21.40 billion by 2028.

Reasons to invest in Montenegro

There are some reasons why it is a good place to invest in:

Can foreigner buy property in Montenegro?

Non-citizens are permitted to buy real estate in Montenegro by presenting their international passport and providing a deposit for the chosen property. Traditionally, the initial payment is 10% of the total transaction amount, although this may be adjusted for larger sums through further negotiation.

Where is the best place to buy property in Montenegro?

Financing chances can vary, but coastal areas like Budva and Tivat are popular for buying real estate in Montenegro. They have access to the Adriatic coast and varieties of housing.

Can I buy property in installments and are there any variants for purchasing property for a mortgage?

In Montenegro, property owners often offer their properties for sale with the option of paying in installments, as outlined in a contract with specific payment terms. An entry in the cadastre prevents any resale, donation, or re-registration of the housing as long as the installment agreement is in effect, providing protection for the buyer.

Mortgages are not widely used in this country, with only a limited number of mortgage options available for high-end developments where apartment prices start at 200000 euros.

Is it possible to acquire a jointly owned property? How many people can become co-owners?

It is indeed possible for multiple individuals to purchase and co-own property together. There isn’t a set limit to the number of those who can be involved in the acquisition and shared ownership of the housing. However, it is vital to note that only the property owner and their immediate family members are eligible to apply for a residence permit based on the ownership of the real estate.

How to bequeath a real estate object in Montenegro to a foreign citizen?

Inheritance according to a will specifies that the beneficiaries mentioned in the document will receive the inheritance, and their citizenship does not affect this process.

Conversely, intestate succession prioritizes the spouse as the primary claimant to the property, followed by the children and parents. All other relatives come next, regardless of the citizenship of the owner and the heir.

Legalization of unauthorized construction objects (built without a construction permit). What is legalization and why is it needed?

The law regarding the legalization of real estate properties was introduced in 2016. The legalization process is based on an application form. The property owner or their representative has to provide a set of papers, including an application for registering an object without a construction permit. Following this, the local administration adds land tax to the payment. Once the land tax is paid, the entry stating that the object was built without allowance is removed. This tax can be paid in installments over a period of up to 10 years.

If the object does not have a construction permit, can it be sold/bought or demolished?

A property in Montenegro for sale without a construction allowance, but is in the cadastre, can be acquired and sold without restrictions, just like a property with an allowance. Objects that may be decimated include those that:

If a building was constructed in an area with no comprehensive plan and is submitted for legalization, it becomes legal. All actions related to acquiring,selling, donating, inheriting, and obtaining a residence permit are legal and unrestricted.

Can I register the title in the name of a child?

Yes, registering the property in your kid’s name is possible. However, if you choose to sell the property before your kid reaches legal age, you will have to manage interactions with guardianship authorities.

What is the language used in the contract of sale of real estate? How can I exclude the possibility of misunderstanding the terms of the contract?

The contract is in Montenegrin. There is a lawyer who knows two languages present during the signing, and a court interpreter reads the contract in your native language before it is signed. If you require a contract’s translation into your native language, it can be provided for an extra fee.

When does the ownership transfer to the purchaser according to the law of a country?

It appears when the purchaser makes the full payment of real estate in Montenegro.

What is the potential income from renting out housing in Montenegro?

The typical yearly rental income from real estate Montenegro typically ranges within 6% and 10% of the property’s value, based on the kind of property.

Is it possible to conclude an acquiring and sale transaction by proxy?

Certainly. Facilitating transactions using distant proxy registration is possible. The seller and buyer engage in a video call, with the participation of a lawyer and a court interpreter. The far away contract conclusion process is identical to an in-person one, allowing the client to monitor the signing process using a video link.

Is there a real estate tax in a country? How much does it cost to maintain housing?

There exists a tax on real estate for sale in Montenegro, which amounts to 3% of the assessed value of the property acquired, although more commonly it is based on the contracted amount. This non-recurring tax must be settled within 14 days following the purchase. Additionally, Montenegro imposes an annual property tax and tourist tax, paid once a year. The payment amount is influenced by various aspects including the location, distance to the beach and city, availability of urban utilities, size, and land area (for houses or villas).