Secondary Montenegrin real estate: how not to pay twice?

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Secondary Montenegrin real estate: how not to pay twice?

Secondary Montenegrin real estate, it would seem, has a lot of advantages over the new one:

— cheap

—approved

— lived overnight

— ready

For Montenegro, all this really benefits, because not every time it turns out to buy an apartment or a house in an area with infrastructure. Try to hedge: secondary Montenegrin real estate can be quite safe and comfortable.

So, real estate in Montenegro from the owner: what do experts propose to do?

— To register the transaction on Montenegrin rules (but to supervise it with the help of an independent lawyer).

— Open an account and remember about taxes on the purchase of secondary housing (as soon as the contract is concluded, you have exactly 2 weeks to pay tax on turnover) P

— In the conclusion of the transaction, the participation of a forensic translator and notary is mandatory.

— Secondary Montenegrin real estate must necessarily be present in the cadastral register, and you can get information about it on request.

— The transaction is also registered in the cadastre after the verification of the contract — this can be done by a notary or a new owner

— The registration term is a month, in fact it is about 2 months.

Secondary Montenegrin real estate will be a profitable investment if:

— You will check all the data on the housing you are interested in by the cadastral register (special attention should be paid to previous owners).

— If the state sells real estate in Montenegro (or sold it to its previous owner), check the object most carefully for potential heirs — they may appear unexpectedly in your life.

— Intermediaries often only harm, optimally choose large real estate companies that either have recommendations, or have already worked with your friends.

— Be sure to add the clause in the liability agreement so that the owner of the house or apartment acts as the guarantor of the cleanliness of the operation.

— Only non-cash payment, and all accounts must be prescribed in the contract.

— Visual inspection is mandatory: the secondary Montenegrin real estate by the hosts is a real palace, and in fact you can find mold, lack of repair and other benefits of civilization, which are tactfully ignored.

Buy a house or apartment in Montenegro through the agency is still more convenient, especially if you are engaged in Russian-speaking specialists. This will be comfortable for all participants of the transaction, with independent expertise and legal control still needed: choose the appropriate packages of services.

This is an automatic translation.
Click here to read the publication in the original language.