Provided your country of origin holds a reciprocal arrangement with Serbia and Montenegro, there are no restrictions regarding the purchase of residential property.

• Land titles must be registered and verified. To complete the legal process on any property purchase, two conditions must be satisfied. They are as follows:
  • Justus titulus - The legal entitlement to the property
  • Modus aquirendi – The property must be registered with the Area Property Registry.
• A written contract must be drawn-up, and signed by both the buyer and seller or their authorised representatives. All signatures certified by a court in Serbia or Montenegro.
• The finalised and certified contract establishes the legal ownership.
• After confirmation of ownership, an enquiry held by a department within the local Council Offices will determine the value of the property.
• Property Tax is 2% of the agreed valuation.
• Once the Property Tax is paid, confirmed by an official stamp on the contract, this contract is evidence to register the property with the local Area Property Registry.
• The purchase is complete, upon the payment of the agreed price.

Investors wishing to purchase land for development must operate through a company registered in Montenegro.

We can introduce buyers to bi-lingual solicitors for legal transactions and insurance brokers for property cover.