Prices are determined in Euros.
Once you’ve selected the property you want to buy, we’ll also prepare a detailed payment plan so you know exactly how much and when you’ll pay for that property.
Expenses Arising When Buying Real Estate in Montenegro
Title Deed Transactions
All title deed transfer transactions in Montenegro are made through a notary. The sales contract, management contract and building management contract are prepared. An interpreter is used for these operations. The interpreter charges EUR 50 per contract. If you want to give a power of attorney to a representative in Montenegro instead of carrying out the transactions yourself, the equivalent of this service is 250 euros. Notary expenses according to price ranges for the sales contract are stated below.
|TRADE INTERVAL||NOTARY COMMISSION|
|0 Euro – 5.000 Euro||70 Euro|
|5.001 Euro – 20.000 Euro||120 Euro|
|20.001 Euro – 40.000 Euro||170 Euro|
|40.001 Euro – 60.000 Euro||250 Euro|
|60.001 Euro – 80.000 Euro||300 Euro|
|80.001 Euro – 120.000 Euro||350 Euro|
For transactions over EUR 120,000, an additional fee of EUR 10 is charged for every EUR 15,000.
VAT (Value Added Tax)
Value Added Tax (VAT): VAT rate is 21%. This amount is paid by the construction company, it is included in the sale price. It does not create a cost to the receiving party.
We recommend that you complete your process with a lawyer who is specialized in title deed transfers with zero error in the sale of real estate to foreigners.
There is no buyer commission for the purchase of first-hand property.