Seaside property in Montenegro

When you buy a property from the MDRealty catalog, the buyer pays the agency no commission: the agency fee is paid by the seller, so property search, checks and handling the purchase are free for the buyer — only taxes and the notary come on top of the price. If you found the property elsewhere and ask us to handle the purchase, that is a separate service: 1.5–2.5% of the price, at least €1,500, plus 21% VAT.

Yes. Foreign individuals and companies can buy almost any residential or commercial property on the same terms as Montenegrin citizens. Restrictions apply only to agricultural land over 5,000 m² and land in border zones — those require a locally registered Montenegrin company.

The real estate transfer tax is progressive: 3% on the part of the price up to €150,000, 5% on the part from €150,000 to €500,000 and 6% above €500,000. A new build bought from a VAT-registered developer pays no transfer tax (21% VAT is already in the price). The notary charges by the official tariff (Sl. list CG 49/2026) plus 21% VAT. Example for a €300,000 property: €12,000 tax and €803.44 notary. Cadastre registration and the title certificate are paid separately. The deal cost calculator on the site gives the exact figure.

Property ownership entitles the owner to apply for temporary residency (privremeni boravak) for one year with annual renewal. Standard documents: purchase contract and cadastre extract, valid health insurance, proof of income or funds, and a clean criminal record certificate from the country of citizenship.

Indicative 2026 ranges: Budva €2,500–6,000+/m² (old town and seafront higher), Tivat €3,000–7,000+/m² (Porto Montenegro and Lustica Bay above average), Kotor €2,800–5,500/m², Becici €2,200–4,500/m². Prices depend on district, year of construction, view and distance to the sea.

A passport, the purchase contract in Serbian (with translation if needed), the cadastre extract (List nepokretnosti) for the property, notarized closing, and a Montenegrin tax ID (PIB) for sale registration. Payment is by bank transfer — cash settlement of real estate transactions is prohibited.

Typical timeline: 3–6 weeks. Reservation takes 1–3 days, legal due diligence 1–2 weeks, notarized closing one day, registration of ownership in the Montenegrin cadastre another 2–4 weeks depending on the region.