Are there any restrictions for foreigners who want to purchase property?

No, there are currently no restrictions for foreigners wishing to purchase property in Montenegro. All you need is a valid passport, and the rest will be handled by our dedicated team and professionals!

What is the process of purchasing property in Montenegro?

If you want to purchase an apartment under construction, the first step is to sign a pre-purchase contract at the notary, which legally entitles you to the apartment. After the construction process is completed, the purchase agreement is signed before the notary assigned to the region where the property is located. The notary then officially sends your contract to the land registry office, and your title deed is delivered to you within 90 days.

Is it possible to buy an apartment without going to Montenegro?

Yes, the purchase contract can be signed either in person or through a power of attorney that you can prepare in your home country. Therefore, you do not need to come to Montenegro to complete the process.

What is the cost of the real estate purchase tax?

There is a 3% property purchase tax (if it's a resale property), but if you buy a new apartment from a construction company, you do not pay the 3% tax, as it is 0% for properties like those at Maya Adriatic.

What is the cost of the purchase contract at the notary?

The fees for drafting the contract at the notary range between 1,500 and 2,000 euros, depending on the length of the contract and the service fee.

Do I need to know the local language to purchase real estate?

You do not need to know the local language. It is possible to complete the transactions with a translator who speaks your native language at the notary. Our team will arrange this for you.

How can I obtain a residence permit in Montenegro?

Anyone who owns an apartment in Montenegro has the right to obtain a residence permit, along with their family and children under the age of 18.

What is the procedure for electricity, water, and internet subscriptions?

All you need to do is provide our team with a power of attorney for all your subscriptions, and the subscription fees, along with the service cost, are approximately 2,500 euros.

Do I need to buy kitchen furniture if I purchase an apartment from Maya Adriatic?

While apartments are generally delivered without a kitchen across the country, kitchen furniture is provided free of charge to Maya Adriatic customers.

Is the apartment delivered furnished or unfurnished?

The apartment you purchase is delivered unfurnished. If you wish, you can furnish the apartment yourself, or our expert team can fully furnish it for you.