HOW TO BUY?

 
 
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Stage I - preliminary tasks (free of charge)

  • identifying the best selection of properties
  • making details available to potential buyers via the Internet, brochure and newsletter
  • advising potential buyers on all aspects of buying in Montenegro - by phone or email
  • booking flights to Montenegro
  • helping you with your accomodation

Stage II - buying a property or properties

  • meeting you at the airport (a car with English speaking consultant)
  • taking care of your accommodation
  • car with driver, interpreter, viewing, visiting, inspecting and selecting your property or properties
  • negotiating the best price with the owner of the property
  • research on selected property or properties, including Court records title double-check and Local Property Registry done by our lawyer
  • conducting property inspection by independent authorised property inspector

Stage III - legal procedures

  • Drawing-up  a written contract  for signing by both the buyer and seller or their authorised representatives
  • All signatures are certified by a Court in Montenegro. The finalised and certified contract establishes the legal ownership
  • The Inland Revenue Office determines the value of the property and Property tax of 2% of the valuation is paid and confirmed by an official stamp on the contract
  • The payment of the agreed price to complete the purchase
  • The new title for the property is registered with the Local Property Registry.

There are no restrictions regarding the purchase of residential property in Montenegro. However, investors wishing to purchase land for development must register a company in Montenegro. Our lawyers can assist with forming a business entity, opening a business account in a bank of your choice and subsequent company book-keeping, accounting & tax administration

Stage IV - after sale services

  • providing you with our team of professionals in renovations, builders, property insurance, property security improvements etc.
  • help with renting the property on your behalf
  • maintenance - keeping an eye on it, cleaning, utility bills payment, etc.
  • home improvements and decoration