A Guide to Buying Property in Montenegro
Frequently asked questions:
Who can buy?
Any investor, overseas or resident; can purchase Montenegro’s luxury property developments.
Leasehold or Freehold?
All properties for sale with Brighthouse Overseas are freehold.
Mortgages?
Up to 75% mortgages are available.
Is the Buying Process Complicated?
The property buying process is similar to that of EU countries such as Spain and Italy when buying off-plan
Payment Terms?
Deposits on Off Plan properties will vary from 20-40% of the buying price and is required at the contract-signing stage.
Bank Accounts?
Buyers do not need a local bank account to arrange purchases, although these can easily be arranged through Brighthouse Overseas SL banking partners.
Legal/Tax Advice
Brighthouse Overseas SL recommends that all clients take independent tax and legal advice.
Re-sale
Resale’s or assignment of contracts is permitted prior to completion without restriction.
Appreciation
Property prices in Montenegro have experienced considerable growth, and are forecast to remain this way for some time. This can be clearly seen if comparing current prices with those of 6 months ago.
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