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  • K-Residence
    Bar, Montenegro
    from €111,320
    Area 50–139 m²
    15 properties 15
    Completion date: 2025
  • Stunning villa with private pool for Sale
    Przno, Montenegro
    Developer: CRASSULA Estate
    4 exquisite villas are currently available for sale, with the option to invest separately. The price for a single villa ranges from 400,000 to 450,000 EUR. If you’re interested in two villas, it’s 800,000 EUR, and the entire project can be acquired for 1.5 million EUR. These stunning villas are nestled on a generous 2200 square meters of land, offering each one breathtaking panoramic views of the sea. Each villa boasts its own private pool, providing the perfect setting to bask in the sun or find respite in the shade. Additionally, ample parking spaces are provided for your vehicles. The interior of these villas spans two floors, with three or four spacious and comfortable bedrooms on the first floor, each equipped with its own bathroom. The ground floor features an expansive, open-plan living area that seamlessly flows into the kitchen. There’s also a guest bathroom on the ground floor for your convenience. Step out onto the terrace to relish the spectacular sea views while enjoying delectable meals or drinks with friends and family. These villas are conveniently located just 2 kilometers away from Kamenovo beach, offering the perfect blend of luxury and practicality. Don’t miss this opportunity to own a slice of paradise. Get in touch with us today for more details!
  • Three-bedroom Apartment in the new complex in Kalimanjska, Tivat
    Tivat, Montenegro
    Developer: CRASSULA Estate
    The 3-bedroom apartment is located in Kalimanjska, Tivat. This spacious apartment boasts a total area of 136 square meters and features 2 green terraces, providing you with ample space to enjoy the stunning views of the surrounding area. Each of the terraces in the apartment comes with a water connection. The apartment also features 2 modern and elegantly designed bathrooms, which are perfect for your comfort and convenience. The apartment is located in a brand new complex “Kalimanj Residence”. The neighborhood is great, with easy access to shops, beaches, and Porto Montenegro. There is parking space in the underground parking area, ensuring that your vehicle is always safe and secure. Additionally, if you are looking for more space, you have the option to own other apartments in the same complex, including 4-bedroom apartment. Overall, this apartment is a great investment opportunity that combines luxury, comfort, and convenience. Contact us today to schedule a viewing!
  • Luxurious 2-bedroom Penthouse with Stunning Views in Budva
    Budva, Montenegro
    Developer: CRASSULA Estate
    Elevate your lifestyle with this exceptional penthouse apartment for sale, situated on the Mainski put in Budva. Spanning an impressive 194 square meters, this new-build gem is positioned on the 6th floor of a 6-story complex, offering unparalleled vistas of both the majestic mountains and the vibrant cityscape. With two spacious bedrooms, a stylish bathroom, and a thoughtfully designed open-concept living area, this penthouse redefines modern living. Enjoy the convenience of two private terraces totaling 13.28 square meters, where you can savor the breathtaking surroundings and soak in the sun. Nestled just 800 meters from the serene coastline and a mere 500 meters from the bustling city center, this penthouse boasts both tranquility and accessibility. As a bonus, flexible payment plans make this investment even more enticing. Seize the perfect investment opportunity! As the complex is currently under construction, now is the time to secure a property at a favorable price point before completion. Indulge in the luxury of a penthouse lifestyle – contact us today to secure this remarkable property before it’s gone. Priced attractively at $426,800 (equivalent to $2,200 per square meter), this is your chance to own a slice of Budva’s finest living.
  • One-bedroom apartment with a Seaview in Porto Budva
    Budva, Montenegro
    Developer: CRASSULA Estate
    The one-bedroom apartment, located on the third floor, offers breathtaking views of the sea and the Old Town. Step into the apartment, and you will be greeted by a spacious living room with an open kitchen area. The apartment has a great terrace that offers stunning views of the sea and the Old Town. Total area: 96.30 square meters. This apartment comes fully furnished, with all modern appliances and fixtures. And the best part? As much money as you invest in the start after signing the contract, you get the possibility of a bigger discount and a lower price! Expected income from renting apartment B103 – 35.000 Euro (minimum 100 nights per year) So why wait? Make this luxurious apartment your dream home today and experience the best that Porto Budva has to offer. Porto Budva Complex is the largest resort on the Adriatic coast, offering a city-like experience with a range of amenities to cater to even the most demanding tourists. With a total area of 45,000m2, the complex boasts an impressive 8,000m2 shopping center, entertainment center, lobby, two-story casino, and popular branded shops. Investing in multi-complex-hotel format real estate has become a new trend in the real estate investment market, and Porto Budva is perfectly located on the Adriatic Sea coast. This format allows for apartments and commercial areas to be sold independently while the rest is available for rent under the control of the management company. Purchasing an apartment in the complex provides competitive advantages when renting out the property, as it provides a stable income during the high season, which lasts at least 100 days a year. Porto Budva offers all the infrastructure of modern and expensive hotels, including 24/7 reception, restaurants, indoor/outdoor swimming pools, gyms, and year-round maintenance of all apartments and commercial buildings. The highest profitability for real estate in Montenegro is provided by properties at the first line by the sea, offering an annual income of up to 10%-20%. The project is selling for 30% cheaper than other finished buildings. The minimum annual return on investment (ROI) for apartments and commercial spaces is between 10% and 20%.  Investors provide guarantees for the quality of construction and interior materials, with all materials being of European production and first-class quality. 
  • Three-bedroom apartment with a sea view in the new complex
    Buljarica, Montenegro
    Developer: CRASSULA Estate
    The spacious 3-bedroom apartment is a perfect choice for families or anyone who needs plenty of space. This beautiful apartment boasts a huge terrace with breathtaking sea and city views. With a total area of 146 square meters, this apartment offers ample space for comfortable living. It also features 2 bathrooms. The apartment is located on the highest floor, providing ultimate privacy and panoramic views.  For your convenience, we offer an option to buy a parking place for 17 000 euro, ensuring your vehicle is secure and easily accessible. The complex is located in a prime location in Budva, close to many local amenities including shops, restaurants, and entertainment. If you’re looking for other options, we also have other apartments available for sale in the complex, including 2-bedroom and 1-bedroom units.  Don’t miss out on the opportunity to own one of these beautiful apartments in our new complex. Contact us today to schedule a viewing.
  • Four-bedroom Duplex in the new complex Kalimanjska, Tivat
    Tivat, Montenegro
    Developer: CRASSULA Estate
    Welcome to this stunning 4-bedroom apartment in Tivat. This apartment is located in a brand new complex “Kalimanj Residence”, which is designed with a perfect blend of modern style and functionality. The apartment boasts 122.5 square meters of living space. There are two bathrooms and a spacious terrace. The complex itself is designed with a focus on quality and functionality. There is an underground parking area, providing safe and secure parking for your vehicle. The location of this apartment is unbeatable. It is situated in a good neighborhood, which is close to shops, beaches, and Porto Montenegro, a luxurious marina with numerous amenities. You will have everything you need right at your doorstep. It is also available for sale 3-bedroom apartment within the same complex. This is a unique opportunity to own a luxurious apartment in one of the most sought-after locations in Tivat. It is an investment opportunity not to be missed.
  • Three-bedroom apartment on the seafront in Opatovo, Tivat
    Tivat, Montenegro
    Developer: CRASSULA Estate
    The 3-bedroom apartment is completed with a terrace that overlooks the stunning seafront. With a total area of 96,50 square meters. Situated on the ground floor, you’ll enjoy easy access to the beach, just a few steps away from your doorstep. The apartment features modern finishes and high-quality materials, ensuring maximum comfort and style.  This new complex is located on the seafront, offering a private beach line for residents to enjoy. You’ll also be conveniently located just 5 minutes from Porto Montenegro and 15 minutes from the airport, making it easy to explore all that Tivat has to offer. If you’re looking for other options, we also have a 2-bedroom apartment available for sale in the complex. Don’t miss out on the opportunity to own one of these beautiful apartments in our new complex in Tivat. Contact us today to schedule a viewing and start living your dream life on the seafront.

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Republic of Montenegro
Capital: Podgorica
Languages: Montenegrin
Currency: Euro
Population: 0, 622 mln.
Time zone: (GTM+1:00)
HDI: 0,802
Weather in Podgorica
14°
Clouds
Wind: 5 m/s, north
Pressure: 1012 mm Hg
Humidity: 94%
Average price
for apartment: €297,507
for house: €583,702

FAQ

Any foreign citizen can buy real estate in Montenegro. In order to do this, they must provide their international passport and a deposit for the selected object. Generally, the prepayment is 10% of the transaction, but if the sum is large, the amount of the deposit is further negotiated. 

Quite often, property owners offer their objects on a condition of payment by installments. Interest-free installments, all payment terms are set forth in the contract. An entry in the cadastre prohibits any possibility of resale, donation, or any other re-registration of this object as long as the installment agreement is valid. This contributes to the protection of the buyer. 

Mortgages are not common in Montenegro. There are only a few mortgage options for luxury complexes under construction, where the cost of apartments starts from 200,000 euros. 

Yes, it is possible. The number of people involved in the purchase and further co-ownership is not limited. However, only the owner and his close relatives can get a residence permit in Montenegro on the basis of real estate ownership. 

Testate succession. The persons mentioned in the will receive the inheritance regardless of their citizenship. 

Intestate succession. As a matter of priority, the spouse claims the property, then the children and parents, and only then all other relatives. The citizenship of the owner and heir does not matter. 

The law on the legalization of real estate objects was issued in 2016. 

Legalization in Montenegro is based on the application form. The owner or his representative must submit a certain list of documents, including an application for registration of an object that does not have a construction permit. Then the local administration must add on the tax (land tax) to the payment. When the payment for this tax is provided, the entry saying that the object was built without permission is removed. 

Land tax can be paid in installments in the course of 10 years (maximum).

The real estate property that does not have a construction permit, but is included in the cadastre, can be bought and sold without any restrictions. The same conditions are applied to an object that holds a permit. 

In Montenegro, the objects for demolition may include those that:

  • are located in places where the urban development plan provides for other construction objects;
  • do not correspond to a building constructed without permission;
  • are located on the first coastline (if Morsko Dobro Ministry or a detailed urban plan provided for the construction of a hotel or other objects there, and a building constructed without permission does not correspond to the urban development plan).

If the building was built in a place where there is no detailed urban plan, if it is listed in the cadastre and submitted for legalization, then it is legal. All actions of purchase and sale, donation, inheritance, and obtaining a residence permit are legal and have no restrictions. 

Yes, you can register the property in the name of your child. If you decide to sell your property before the child reaches his or her full age, you will need to deal with the guardianship authorities. 

The contract is signed in the Montenegrin language. During the conclusion of the contract, there is a lawyer who speaks two languages, as well as a court interpreter who reads out the contract in your native language prior to its signing. If you need a translation of the contract into Russian, you can get it for an additional fee. 

The transfer of ownership occurs after the buyer makes a 100% payment. 

Average annual income from renting out real estate is 6-10% of the cost of housing (depending on the type of property). 
 

Yes, it is possible. For example, the company ««MontBel»» has a broad experience in conducting transactions through remote registration by proxy. The seller and buyer are contacted via video call. A lawyer and a court interpreter must be present on the deal. The conclusion of a contract in a remote format is no different from one conducted in person. The client uses a video link to monitor the terms and conditions of the contract signing process. 

In Montenegro, there is a tax on the purchase of the real estate. It is 3% of the estimated cost of the purchased object (but more often the contract amount is taken into account). This is a non-recurrent tax that must be paid within 14 days after the purchase of the property. In Montenegro, there is also an annual property tax + tourist tax (paid once a year). The amount of payment depends on: 

  • the location of the object; 
  • its proximity to the sea and the city; 
  • availability of urban communications; 
  • quadrature; 
  • plottage (if it is a house or villa).