Mortgage in Montenegro: an affordable fairy tale

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Mortgage in Montenegro: an affordable fairy tale

Mortgage in Montenegro is a real opportunity to improve not only housing conditions, but also life itself. To exchange a narrow odnushku in a megacity for a nice little house by the sea right now you can - you just have to decide.

If you do not have enough money to buy property in Montenegro right away, try a mortgage program - installment payment is quite popular among immigrants. Local banks offer mortgage loans not only to residents, but also to citizens of foreign countries.

The number of countries whose citizens can buy housing in Montenegro for mortgages is growing all the time, and the local authorities are trying to improve the program, because investing in real estate significantly increases the prospects for the country's development - in particular, in the areas of tourism and rent commerce. After all, rest in Montenegro does not lose its popularity, as shown by the crises of recent years. Foreign capital of any format is loved, respected and welcomed in every way (as, indeed, everywhere in the Balkans).

For Russians, mortgages in Montenegro became relevant only recently, and now you can buy an apartment here by installments, by signing an agreement with some Montenegrin banks. Previously, such a deal could be formalized only for a legal entity, but now the situation has become more favorable.

The term of the mortgage can be up to 20 years (depending on the age of the applicant)

The rate does not exceed 9.5%

The bank takes up to 50% of payments, as the security is the acquired object, which becomes the property of the client of the bank immediately, and the interest is calculated from the balance.

You can prepay the loan ahead of schedule, the interest will be recalculated.

Nuance: it will be necessary to insure life, otherwise a mortgage in Montenegro will be unavailable.



How is it profitable and profitable at all?

- Once you have made a deal, the object automatically transfers to you, regardless of the amount paid and other restrictive conditions.

- You can actually install a payment for twenty years.

- Mortgage in Montenegro - this is only the most necessary documents, no additional papers are required.

- Mortgage rates are very low, compared with other European countries, and especially Russia.

In a word, a mortgage in Montenegro makes your dream accessible, and it's not just empty words. Buy housing in Montenegro is really simple and not yet expensive.

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Click here to read the publication in the original language.