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All Posts in Category FAQ about Montenegro

Can I visit Montenegro without a residency permit (VISA)?

Can I visit Montenegro without a residency permit (VISA)?

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TopEstateMontenegro

Posted in FAQ about Montenegro On 24. May 2017

Yes, you can! Citizens of most European countries (Austria, Belgium, Greece, Denmark, Estonia, Italy, Republic of Ireland, Cyprus , Lithuania, Estonia, Luxembourg, Malta, Hungary, Germany, Poland, Portugal, Slovakia, Slovenia, Finland, France, Netherland, Czechoslovakia, Spain, Sweden, United Kingdom, Bosnia, Croatia, Russia, Ukraine)  do not need visas to enter Montenegro and can stay in the country for…

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What is the current rental yield?

What is the current rental yield?

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TopEstateMontenegro

Posted in FAQ about Montenegro On 24. May 2017

Tourism in Montenegro is still growing and the rental market is not yet fully exploited. In recent years, the yield ranged from 4 to 8% for apartments and villas on the coast. In the coming years is expected a rental yield of 6-8% because of the fall in housing prices and the persistent increase in…

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Build instead of buying

Build instead of buying

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TopEstateMontenegro

Posted in FAQ about Montenegro On 24. May 2017

Buying a finished property is relatively easy, but to build a new building It is necessary to adhere to a few rules. For the beginning, the owner, together with the developer, establishes a payment plan. The plan depends on the individual progress, and will be paid in installments. An example: Negotiate a price that is…

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Property running costs

Property running costs

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TopEstateMontenegro

Posted in FAQ about Montenegro On 24. May 2017

Yearly real estate tax.  The real estate tax rate can range from 0.1% to 1.00% of the real estate market value. Electricity (Approximately €50 to €100 per month when in full use) Garbage disposal and communal charges around €10 per month Property Management from €50 to €150 monthly Internet a monthly subscription costs in the…

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