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Global Properties features over 3 properties for sale in Montenegro residence complexes. The information is provided by trusted agencies and directly from developers.
- For convenient searches for real estate on the primary or secondary market, use the easy-to-navigate search form, advanced filters, sorting options, and map search.
- Quick links are available at the bottom of the page to help you swiftly select suitable properties. These links represent the most popular filter combinations, such as "by the sea" or "waterfront."
- To make it easier to view prices, the website offers a currency converter. This allows you to see costs in euros, dollars, and the local currency.
- After selecting an apartment or house that interests you, simply contact the seller, who will provide detailed information about the property and guide you through the process of purchasing a unit in a property development in Montenegro.
- Minimum price: €57289.
- Maximum price: €40 million.
To obtain a residence permit when purchasing property in Montenegro, several steps involving legal and financial aspects need to be completed:
- Finding a suitable property.
- Conducting a thorough legal check through a notary and a lawyer to ensure there are no encumbrances or other legal issues.
- Pre-agreement. Once reached, a preliminary agreement (Predugovor) is signed with the seller, and a deposit is paid (usually 10% of the total price).
- Signing the main sales and purchase agreement (Ugovor o kupoprodaji) in the presence of a notary and paying the remaining balance.
- Registering the property in the local Land Registry (Katastar) and paying the property transfer tax (from 3% of the property price).
- Submitting the documents for the residence permit.
The process of property registration and residence permit application can take between 30 and 60 days, depending on the complexity of the transaction.
Residential projects in Montenegro
Residential complexes in the country offer a wide range of real estate, including not only apartments but also villas in Montenegro, which are available for purchase by foreigners. A key feature of Montenegrin new developments is that the buildings are often constructed in line with the latest energy efficiency and environmental standards, ensuring a high level of comfort for residents. Most new residential projects in Montenegro offer security, CCTV, and full recreational and sports infrastructure.
The country continues to develop, delivering more quality real estate to the market. It offers many locations suitable not only for relocation but also for investment. When choosing a town to buy housing, it is important to consider several key factors: infrastructure, access to essential services, and tourist potential.
Budva is the leading town attracting real estate buyers. This resort hub is famous for its beaches, vibrant nightlife, and rich history. New developments in Budva typically offer modern amenities, including swimming pools, gyms, and underground parking, making them the perfect choice for those seeking comfortable living.
Kotor is another popular town. The old quarters of Kotor are listed as a UNESCO World Heritage Site, with its charming streets surrounded by ancient fortress walls, impressing every visitor. New housing here offers a unique blend of historical charm and modern conveniences.
Tivat, home to the prestigious marina Porto Montenegro, also attracts investors. The new residential complexes here cater to a young and active audience, offering a wide range of sports and recreational facilities within the complex.
You can also buy housing in new developments in Bar and Herceg Novi. Bar is known for its excellent transport links and well-developed infrastructure, while Herceg Novi is famous for its healing springs and tranquil atmosphere.
Properties for sale by developers in Montenegro for investment
Investing in local properties from developers is becoming increasingly relevant in 2024. According to statistical data, housing prices in new buildings in Montenegro rose by 12% over the past year, indicating increased demand for real estate in this scenic country. The main factors driving price growth are the stable economic situation and the significant rise in the number of foreign tourists.
Buyers can consider either a short- or long-term strategy when investing in a residential complex in Montenegro. Prices from developers are particularly attractive during the project phase, allowing you to resell the unit at a profit once the development is complete. Finished properties steadily appreciate, or you could earn income from renting out the apartment or house. One of the key advantages of investing in this sector is the high return on investment. Currently, this figure averages 6–8% annually. Coastal towns and tourist centres, such as Tivat and Herceg Novi, see particularly high rental demand.
Therefore, investing in the country’s residential real estate market in 2024 presents a profitable and promising opportunity. Given the current trends and market indicators, it is safe to say that housing demand will continue to grow, ensuring a steady income and increasing the value of the property.
Real estate in residential complexes in Montenegro
Our website offers a simple and intuitive interface, making it easy to search for and purchase housing in development projects in Montenegro. Using various filters, you can easily select units based on criteria such as price, location, type, and more, which greatly reduces the time spent searching for the perfect option. Our database is updated daily, ensuring you have access to the most current and best deals on the market. The platform will be your reliable assistant in choosing the ideal property. Browse our listings and find your dream home or apartment in Montenegro today!