The real estate market in Montenegro is entering a new phase that will make it safer, more transparent, and more professional, thanks to the new Real Estate Brokerage Law. The aim of this law is to raise standards in the real estate sector, provide additional protection for clients, and create fairer conditions for licensed intermediaries. Key Changes Introduced by the Law: Mandatory Licensing and...
Purchasing property in Montenegro can be an exciting and rewarding experience, but it’s important to navigate the process carefully. Buyers, especially those unfamiliar with Montenegrin laws and customs, often make simple but costly mistakes. To help ensure a smooth transaction, here’s a detailed look at the most common pitfalls and how to avoid them: Assuming Real Estate Procedures Are...
Once you are the proud owner of a property in Montenegro, securing your original title deed is an essential step. The title deed is not only a proof of ownership but also a critical document for various legal and administrative processes. Here's a concise guide on how to apply for your original title deed at the cadastre office in Montenegro. Step 1: Preparing Your Documents Before you...
Buying an apartment under construction can be a great investment, but it also carries certain risks. To avoid potential troubles and ensure a secure purchase, it is important to pay attention to several key factors. In this blog, we highlight what you need to consider when deciding to buy an apartment under construction and how our agency can assist you every step of the way. Reputation of...
When considering where to invest your money, real estate often presents a less risky option compared to stocks. Stability and Tangibility Real Estate Advantages: Tangible Asset: Real estate is a physical asset, providing a sense of security and stability. Unlike stocks, which can be highly volatile, real estate tends to appreciate over time. Income Generation: Rental properties offer a steady...
The Budva's neighborhood of Rozino is emerging as one of the most attractive places to live in this coastal town. Every day, it seems, this neighborhood brings something new and exciting, drawing in young families and individuals with its modern infrastructure and diverse amenities. Situated at the heart of an educational hub, with a primary school, a college building, and several kindergartens, Rozino...
Determining the ideal selling price for your property is pivotal in attracting potential buyers and ensuring a seamless transaction. It involves a nuanced consideration of various factors that influence the property's value. Let's delve into these key aspects that sellers should ponder upon when setting a price for their properties. The location of your property holds immense significance....
Selling your home can be a daunting task, but with careful preparation, you can maximize its appeal to potential buyers and increase your chances of a successful sale. To help you navigate this process smoothly, we've compiled a comprehensive guide outlining the essential steps to prepare your home for sale. 1.Start with a Deep Clean: Before showcasing your home to potential buyers, ensure it's...
If you're considering embarking on a construction project in the stunning country of Montenegro, one essential step you'll need to navigate is obtaining a building permit. Whether you're planning to build a residential property or investment, understanding the process of obtaining a building permit is crucial for a smooth and successful project. In this guide, we'll walk you through the basics of obtaining...
Investing in Budva, Montenegro, offers several compelling reasons that make it an attractive destination for investors. Here are some key factors to consider: Tourism and Economic Growth: Budva is a renowned tourist destination along the Adriatic Sea, drawing visitors with its picturesque coastline, historic charm, and vibrant atmosphere. The town's tourism sector contributes significantly to its...
