Know about market updates
Once you are the owner of the property, you must pay an annual property tax. The amount depends on the size and location of the property. for example: the tax for a 70 square meter apartment would be between 250, – to 350, – Euro per year.
The main tax is the purchase tax, which is 3% of the value of your property – estimated by the tax office regardless of the purchase price on the contract. The purchase tax is payable as soon as the main contract is signed. The tax is recommended to be paid immediately as interest rates are…
Yes, you can! Citizens of most European countries (Austria, Belgium, Greece, Denmark, Estonia, Italy, Republic of Ireland, Cyprus , Lithuania, Estonia, Luxembourg, Malta, Hungary, Germany, Poland, Portugal, Slovakia, Slovenia, Finland, France, Netherland, Czechoslovakia, Spain, Sweden, United Kingdom, Bosnia, Croatia, Russia, Ukraine) do not need visas to enter Montenegro and can stay in the country for…
Tourism in Montenegro is still growing and the rental market is not yet fully exploited. In recent years, the yield ranged from 4 to 8% for apartments and villas on the coast. In the coming years is expected a rental yield of 6-8% because of the fall in housing prices and the persistent increase in…
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