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The growing property market in Montenegro every day is more attractive to big number of investors. The interests of  investors who are investing in properties in Montenegro are mostly connected to: -Off plan projects and their realization, or selling the off plan property on the market and getting the profit. -Renovation and reconstruction of ruins and their further classification on the market. -Buying the off plan property (apartments) in Montenegro, as a holiday home. -Buying the property in Montenegro (houses, apartments, ruins) because of further resale (speculative motive) -The rest As a result of happenings on the market, there is a big number of projects of residential building with different utilities. Mostly, the projects are located down the Montenegrin coast, which represents the target for big number of investors/buyers. The buying of property in certain country understands disposition with information connected to the laws that determine the business. The legal frame and business ethics on the market are clearly determining the directions in which business and property market should go, as for the residents of Montenegro, as for the foreigners.The models for investing in the property ( buying the apartment and the house as a holiday home, investing in projects in order to make a profit) for foreigners are clearly precised by legal frame in Montenegro.  The language barrier frequently represents the problem regarding: - Information about current laws and their implications - Paperwork, which fallows processes of buying/selling of property - Cooperation with Municipality and other public services (Urbanistic Department, Cadastre)
We will try to lead you through buying&development process in Montenegro in manner to bring closer current situation in property market. Because of big number of subjects regarding buying off plan property, realization of off plan projects, position of foreigners in Montenegro, existing laws which determine the models of investing in different kinds of properties and their legal implications, we decided to start up a forum with the subject of business and property market in Montenegro.  |
