The Full Cycle of Real Estate Purchase in Montenegro with Professional Support

Buying real estate abroad is not only an opportunity for profitable investment but also a complex process that requires a professional approach. This article provides clear step-by-step instructions to help you at every stage, as well as up-to-date information on expenses.
1.    Choosing a Property
The first step towards a successful purchase is selecting a property that meets your goals and expectations.
What the agency does:
•    Conducts individual consultations to identify your priorities and purchase goals (investment, permanent residence, renting, etc.).
•    Analyzes your needs and reasons for purchasing to suggest the most suitable options.
•    Provides access to exclusive properties not always available on the open market.
•    Verifies the legal status of the property, eliminating potential risks (debts, encumbrances).
Result: You receive only those properties that fully meet your requirements and are legally safe.
2.    Reserving the Property
Once the property is selected, it’s important to secure it by making a deposit.
What the agency does:
•    Organizes the signing of the reservation agreement.
•    Advises on the deposit amount and terms to minimize risks.
•    Monitors compliance with the agreement by both parties.
Result: The property is securely reserved for you until the main agreement is signed.
3.    Signing the Sales Agreement
The type of agreement depends on the type of property:
•    Resale property: The main agreement is signed immediately.
•    Off-plan property: A preliminary agreement is signed first, followed by the main agreement after the property is commissioned.
What the agency does:
•    Arranges the signing of the agreement at a notary office.
•    Ensures the participation of a court translator, if necessary.
•    Reviews the terms of the agreement to ensure compliance with the law.
Result: You receive a legally sound agreement that protects your interests.
4.    Payment of the Sales Agreement
After signing the main agreement, the payment process between buyer and seller begins.
What the agency does:
•    Ensures clear communication between parties and confirms the transfer of funds.
•    Organizes confirmation from the notary of the full amount received by the seller.
•    Certifies payment completion and provides the buyer with original sales agreement documents.
Result: The payment process is entirely transparent and confirmed by the notary.
5.    Registration of Ownership in the Cadastre
After payment confirmation, the notary submits the documents to the cadastre.
What the agency does:
•    Informs the buyer of the document submission status.
•    Requests confirmation from the notary regarding registration submission.
•    Tracks the registration process upon the client’s request and assists in obtaining the cadastre excerpt if needed.
Result: Your ownership is officially registered, and the excerpt can be used for further administrative procedures (utility registration, residence permit application, etc.).
6.    Real Estate Turnover Tax
From 2024, a progressive taxation scale applies:
•    3% for properties up to €150,000.
•    5% for properties between €150,000 and €500,000.
•    6% for properties above €500,000.
What the agency does:
•    Helps calculate and facilitate tax payment.
•    Organizes interaction with the tax office to obtain an official tax notification.
•    Oversees the tax payment process, ensuring deadlines are met.
Result: The tax is paid on time, and you receive confirmation required for registration completion.
7.    Additional Services
After completing the main transaction stages, we continue to work with you, offering a wide range of services.
What the agency does:
•    Re-registers utilities (water, electricity, internet) in the buyer’s name.
•    Provides guidance and support for residence permit applications based on property ownership.
•    Manages the property: renting, condition monitoring, technical maintenance.
•    Assists with property resale by finding new buyers and organizing the transaction.
Result: You receive a full range of services for comfortable ownership and property management.
8.    Regular Communication and Investment Consultations
We understand how important it is to stay informed about all transaction stages and subsequent processes.
What the agency does:
•    Provides regular updates on the transaction and registration status.
•    Offers advice on property resale for maximum profit.
•    Ensures constant communication with clients through convenient channels.
Result: You are always informed and can make timely decisions.
Conclusion
Our agency is your reliable partner at every stage of the transaction. We provide a full cycle of services and support to make the process of purchasing real estate in Montenegro comfortable and safe. Contact us, and we will help make your dream come true!