Home Buyers guide Property management
Property list Advanced search Contact
Travel info INESKA rent a car
Kotor - Montenegro

Buyers guide

Montenegro is one of the seven most interesting regions for investments in Europe.An ideal location for a holiday home or investment property.

By Montenegrian Laws a foreigner can purchase a property without any problems whatsoever and register it on his name, whether it is a house,villa, apartment, ruin or commercial unit. If a foreigner wans to buy land he can also do it but firstly he needs to register a Company in Montenegro and the land needs to be purchased by the Company.We can organize all the work related to the registration of the Company for You.

Steps Involved

Having found a property you wish to purchase and agreed a price with the vendor through your Ineska agent, the following procedure will need to be carried out.
  1. Choose a lawyer (you need to give them Power of Attorney to continue with purchase).
  2. Open a bank account (locally).
  3. Pay reservation fee of 5% which is normally in cash.
  4. The lawyer will draft a pre-contract which the client will sign.
  5. The balance of money needed to complete the purchase will need to be transferred to your bank in Montenegro. This could take up to two weeks.
  6. Bank charges for money transfer to Montenegro varies from 15 € in Opportunity bank up to 1 % in some other banks.
  7. The contract is then signed and exchanged.
  8. There is a 2% Purchase Tax on property. (The Revenue office put a value on the property).
  9. After the 2% tax is paid the contracts and documents are given to the local Cadastre requesting change of ownership. This can take up to 60 days. When that happens you are registered as owner.

This is only an outline of the buying procedure, contact us for full details.

Our fee is 3% plus VAT (17%) Minimum charge €2,500.

Lawyers fee's range in price from €600 - €2,000.

Should you decide to travel to Montenegro to view properties we will help you with your travel arrangements, accommodation, car hire if you so wish. Our agent there will meet with you to discuss your requirements and show you the properties you are interested in. You can direct any enquiries to our email or (See Contact page for further information on Irish, English and Montenegro offices).

Quick-find a property:


Recently added:


A House/Villa in Herceg Novi


A Building in Kotor


A Apartment in Baušići
  © Dachaz, 2007