Full Guide of Buying Property in Montenegro as a Foreigner

Buying property in Montenegro as a foreigner has become increasingly popular thanks to the country’s stunning Adriatic coastline, strong tourism demand and attractive investment opportunities. With clear legal rights for foreign buyers, relatively simple processes and growing international interest, Montenegro is now one of the best destinations in Europe for real estate investment.

Can foreigners buy property in Montenegro?

Yes. Foreigners can legally purchase residential properties—apartments, villas, houses or commercial units in Montenegro with nearly the same rights as locals.

The acquisition begins with signing a contract, having documents validated by a notary and registering ownership in the land registry (cadastre).

In many cases, parts of the process can be managed via power of attorney, but critical steps require local authentication and notarial certification.

The only major restriction involves large agricultural lands or forests, which may require special governmental permissions to purchase.

Why Invest in Montenegro Real Estate?

Montenegro is rising as a prime real estate destination, offering natural beauty, investor-friendly laws, and strong tourism demand.

Its coastal cities provide both lifestyle appeal and high rental returns, positioning it among the Best Place to Invest in Real Estate in the World.

Strategic Location

Montenegro’s Adriatic coastline and position between Western Europe and the Balkans make it both a tourism hub and a convenient destination for second-home buyers.

EU Candidate Status

As Montenegro moves toward EU membership, infrastructure and regulatory alignment are improving, bolstering long-term property values.

High Rental Yields

In popular areas like Budva and Tivat, short-term holiday rentals often yield some of the highest returns in the Adriatic region.

Strong Tourism Demand

With millions of visitors each year, sea-front and centrally located properties enjoy consistent demand for holiday lets and seasonal rentals.

Where to buy real estate in Montenegro?

Montenegro offers diverse real estate opportunities across its coastal and historic cities, Properties for Sale in Montenegro cater to different needs, whether for luxury living, high rental income or long-term investment potential.

Tivat

Tivat is home to Porto Montenegro, a luxury marina and residential destination attracting wealthy international buyers and investors.

Budva

Budva offers vibrant nightlife, historic charm, and one of the strongest tourism markets in the country, making it ideal for high-yield rentals.

How to buy property in Montenegro?

Buying property in Montenegro is a straightforward process, but it requires attention to legal details and proper documentation to ensure a safe and smooth transaction.

Step-by-Step Buying Process

The process includes signing a sales contract, registering the property and paying applicable taxes and fees.

Required Documents and Legal Checks

Buyers must provide a valid passport, tax number and proof of funds.
A lawyer will verify ownership, outstanding debts, and title deeds.

Role of Lawyers and Notaries

Lawyers and notaries are essential for safeguarding the transaction, ensuring contracts are compliant with Montenegrin law.

Tips for Foreign Buyers in Montenegro

Buying property in Montenegro can be rewarding, but it’s important to take certain precautions to make the process safer and more beneficial.

Work with Trusted Developers: Purchasing directly from developers often means better prices, flexible payment options, and access to modern new-build projects.
Conduct Proper Due Diligence: Always verify ownership records, building permits, and legal status of the property to avoid future disputes.
Explore Financing & Residency Opportunities: Foreign buyers can secure mortgages from local banks and may qualify for residency through property ownership.

Why Choose DevoDirect for Buying in Montenegro

At DevoDirect, we connect international buyers directly with verified Montenegrin developers, ensuring transparency, better pricing and access to high-quality projects.

With no agent commissions, flexible payment options, and full after-sales support, we make property investment abroad simple, secure and profitable.

Montenegro offers a rare combination of lifestyle, affordability and investment growth.

With its clear property laws, EU candidate status and thriving tourism market, it remains one of the most attractive real estate destinations in Europe for foreign buyers.

FAQ

Is Montenegro a good place to invest in real estate?

Yes, Montenegro is one of Europe’s fastest-growing property markets, Its Adriatic coastline, EU candidate status, high rental yields and booming tourism make it a strong choice for both lifestyle and investment.

How much is property tax in Montenegro?

In Montenegro, annual property tax ranges between 0.25% and 1% of the property’s assessed value. The exact percentage depends on the municipality, but most residential properties usually fall within this range.

Are There Any Restrictions for Foreign Ownership in Montenegro?

Yes, foreigners can freely buy residential and commercial properties in Montenegro, including apartments, villas and houses.

The main restrictions apply to certain types of land, such as large agricultural plots, forests or land near borders and military zones, which may require special approval.