Rules for buying real estate in Montenegro
Buying Montenegrin real estate will take several days, t. To. The country’s legislation is very loyal to foreigners who want to purchase housing here.
Real estate here is not issued by a notary public, but in a local court, but the right to own the investor after 60 days from the conclusion of the transaction. During this time, lawyers check the “cleanliness” of the object and evaluate it.
When the buyer receives a document on the right of ownership, he is obliged to pay a one-time 3%tax from the cost of housing.
The most affordable in the cost of Montenegro apartments, which can even be purchased with a small section of the household territory.
For business development, it is priceless to buy a villa from the sea, which is easy to rent. True, at the same time, of course, permission for commercial activities in the country is necessary.