Reviews about developers in Montenegro

When buying real estate in Montenegro, one of the key stages is choosing a developer, especially in popular cities such as Budva, Bar and Tivat. Choosing a reliable developer will simplify the purchase process, and studying reviews of Montenegrin companies will help to avoid risks.

Foreigners can own real estate in Montenegro, the only exception is agricultural land, which cannot be purchased. When buying through a developer, you must follow certain steps: conclude an agreement with an advance payment (10-15%), check the documents with a lawyer, certify them with a notary and register the ownership.

The average cost of real estate is as follows:

• Budva: apartments from €2,000/m², villas from €300,000.
• Bar: apartments from €1,200/m², houses from €150,000.
• Tivat: apartments from €2,800/m², luxury villas from €500,000.

Montenegro: An Attractive Destination for Real Estate Investors and Buyers

Montenegro attracts the attention of investors and real estate buyers with its favorable climate, affordable prices, and clear legislation. The coastal regions, especially the cities of Budva, Bar, and Tivat, are particularly popular.

Budva: A Competitive Real Estate Market

Budva has a highly competitive real estate market. Located along the coast, it is considered one of the most lively cities in Montenegro, making it attractive to both tourists and investors. The city offers a wide range of properties, from apartments to luxury villas.

Bar: A Port City with Modern Architecture

Bar is a port city that differs from other cities in Montenegro with its modern architecture and wide streets. There are many developers in Bar, but reviews can vary significantly. It is crucial to research client feedback and the experience of companies operating in the region before making any decisions.

Tivat: Developing Infrastructure and Convenient Location

Tivat is a city with developing infrastructure and a broad selection of developers focused on modern housing. Tivat attracts investors with its convenient location and the presence of the country's second-largest airport, making it easily accessible for tourists and property owners.

How to Choose a Reliable Developer

Selecting a reliable construction company is crucial when purchasing real estate. It is important to research ratings and reviews about developers, including negative feedback. Many developers offer guarantees on their work, which is an advantage for buyers. Consulting with local experts or real estate agents will help avoid unpleasant situations and ensure the security of your investment.

Types of Real Estate in Montenegro

• Apartments: Properties with sea views or located in the city center.
• Villas: Luxury homes with panoramic views of the Adriatic Sea.
• Private Homes: Options for family living.
• Commercial Properties: Hotels, restaurants, office spaces.

Foreign Citizens' Rights to Buy Property

Foreign citizens can easily purchase any real estate in Montenegro, except for agricultural land. The purchasing process involves several stages:

1. Preliminary Agreement with an advance payment (usually 10-15%).
2. Legal Verification of documents (it is recommended to hire a lawyer).
3. Notary Certification of the agreement and registration of property rights.

Average Property Prices from Developers

• Budva: Apartments from €2,000 per square meter, villas over €300,000.
• Bar: Apartments from €1,200 per square meter, houses from €150,000.
• Tivat: Apartments from €2,800 per square meter, luxury villas from €500,000.

Real Estate Investment in Montenegro: Prospects and Security

Investing in real estate in Montenegro is a profitable venture. Buying property from developers is appealing, but when choosing a developer, it is important to rely on reviews, ratings, and the company's experience in the real estate sector.