- We want to invest money in real estate (apartment, house, studio) in Montenegro. Will it be liquid in the future?
- Yes, it will. Real estate on the sea is always appreciated and practically does not fall in price.
2. I want to move to Montenegro for permanent residence. Is it possible to obtain official permission based on real estate ownership?
— Yes, buying real estate gives the opportunity to stay in the country without a visa. According to the law of Montenegro, such a right can also be obtained by a person who owns ½ of the property. Or the spouse of the main owner.
3. Is it possible to earn income from owning real estate in Montenegro?
— Yes, it is possible. How big will depend on the location of your apartment and the type of rent you choose. There are short-term and long-term rent. If you do not plan to be in Montenegro permanently, you can give your property to management.
4. When does the tourist season begin in Montenegro?
— As a rule, the season lasts from May to September.
5. Is it possible to open a bank account for a non-resident of Montenegro?
- Yes, it is possible. Some banks allow people with other citizenships to open accounts.
6. Is it possible to buy land and build a house on it in Montenegro?
— Yes, you can. The main thing is that the land is of the appropriate category. According to Montenegrin law, a foreign individual cannot acquire some types of land. Consult before buying.
7. How much does the real estate selection service cost?
— Preliminary selection of real estate is free.
8. How much does it cost to support a real estate purchase transaction in Montenegro and check all documents?
— In the company doo Happy Montenegro this service costs 1% of the property value. Does not include the cost of a translator and notary.
9. Why do I need a realtor?
— A real estate specialist will help at all stages: select and show properties based on your wishes; check all documents; reduce the cost as much as possible; represent your interests at a notary and in other government agencies; obtain a certificate of ownership; re-register all utility contracts in your name. This will help avoid mistakes and disappointment in the future. All this will pay off all your expenses on the realtor's services many times over.
10. How much does it cost to put a property under full management?
— The amount will be 20% of net income.
11. What city are you in?
— We operate in Opština Herceg Novi. We have reliable partners in other cities of Montenegro.
12. What other services do you provide?
— We will also provide you with legal advice, open a company (doo) for you in Montenegro, provide accounting support, open an account for you, obtain a residence permit/permanent residence permit for you and your family members, and help you adapt to a new country.
— We will meet and accommodate; organize excursions around Montenegro and neighboring countries; fishing; transport rental – cars, boats and yachts.