Real estate sales tax The real estate sales tax rate in Montenegro is 3% of the tax base, or of the market value of the property. Real estate sales tax is not paid for new real estate, but only for used real estate, so if you are buying an apartment in a new building and you are the first owner of the real estate, no sales tax will be paid. The real estate taxpayer is the real estate acquirer. The...
Once you find the right property through a sales agent, and agree with the owner about the conditions of a purchasing procedure, a contract is signed to the public notary. The contract describes the obligations of the buyer and the details about the price and terms of payment . The buyer then pays a deposit , which is usually 5-10 % of the contract price. If we have a situation that the buyer cancels the...
