Montenegro Real Estate Market Report — Q2 2026

Purchase Process

1. 1 Property search & selection — Browse listings via agencies and platforms, analyse location and prices, schedule viewings.
2. 2 Negotiation & offer — Agree on price, timeline and conditions with the seller.
3. 3 Legal check (due diligence) — Verify ownership at the land registry, any liens or mortgages, building and occupancy permits, and potential legal restrictions or disputes.
4. 4 Preliminary contract (optional) — Sign a preliminary contract with a deposit (typically ~10%) while final checks are completed.
5. 5 Foreign buyer registration number — Foreign buyers must obtain a registration number from the Tax Authority, required for the transaction and tax obligations.
6. 6 Notarisation of the purchase agreement — The contract is signed before a notary. For foreign nationals who do not speak the official language, a licensed court interpreter is legally required.
7. 7 Payment & land registry — Payment is made exclusively via bank transfer, after which the notary submits the title registration request.

Required Documentation

• Identity document (ID card or passport)
• Registration number (for foreign buyers)
• Proof of address (if required)
• Proof of source of funds (required by the bank for the transaction)
• Property sheet (land registry extract)
• Building and occupancy permit (if applicable)
• Energy certificate (if available)
• Marriage certificate (if applicable, with translation)
• Power of attorney (if one party is not present)
• Court interpreter (for foreign buyers)
• Confirmation of local bank account (from which the transfer is made)

The property purchase process in Montenegro is well-defined and relatively standardised, but requires careful legal verification and compliance with banking and tax procedures, especially for foreign investors.