Housing and mortgages in Montenegrin banks
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Housing and mortgages in Montenegrin banks
From the point of view of visitors from Russia, in Montenegro there is no mortgage, no housing loans - there are few banks, there are few housing loans, and specifically for foreigners there is nothing at all. However, the information will be useful, at least for comparison.
HIPOTEKARNA BANKA assures that it has the easiest and quickest way to solve the housing problem, but only to the citizens of Montenegro. No specific maximum loan amounts, the interest rate is fixed at 7.49% per annum, maturing within 180 months.
NLB Montenegrobanka offers the opportunity to take a loan for 240 months at 6-8%. And also a mortgage loan, also under the same rate, for up to 120 months with a fixed interest rate or 180 months with a floating interest rate. Mortgage loans can be used as investments in business expansion and so on.
Crnogorska komercijalna banka offers a mortgage loan, which, with sound reflection, a foreigner can use if he has a registered company here. To do this, you need to have an account with the bank, you will need to provide financial information regarding the potential borrower's business and indicate the required amount. At the same time, a mortgage loan can be used not only to purchase real estate.
ERSTE BANKA offers several options for solving the housing problem in debt. And this is almost the only bank that directly offers a program of real estate loans to foreigners - at a rate of 8.50% amounting to 10 thousand euros to 400 thousand euros. Term up to 240 months, one-time payment for credit registration 1% of the purchase amount.
Of other inaccessible benefits to non-citizens - a housing loan of 7.22% with a maturity of 360 months, with 10% of the purchase amount and a mortgage loan, at a rate of 12.35% for a period of 3 to 240 months with a payment of 1.7%.
Do not indulge Montenegrin banks with a variety of bank loans, and those that are, can be called typical. Perhaps the fact is that there are obkatannye methods of acquiring real estate, understandable and Montenegrins and visitors. If the schemes work, then why should they be complicated by some banks * ... Probably, with time, closer to the EU, the penetration of banks into the housing sphere will expand and deepen.
* It would be interesting if someone from non-citizens of Montenegro, who successfully took out a loan or a mortgage here, shared his experience.
Evgeny Novozhilov#EvgenyNovozhilov
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