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Publication in the community "Montenegro"

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Acquisition of housing in Montenegro today

There is a lot of talk in the media about what will happen to the acquisition of housing in Montenegro in these difficult times. Another 3-4 years ago, such an investment was 100% hit, but now experts are less optimistic.

But most often we have the opportunity to see in the network the opinion of persons interested in selling real estate, and their goals do not coincide very much with the aspirations of buyers. So, the sadder the voices are heard on the Internet, the more pleasant will be the price tags.

Another question is why you are planning to purchase housing in Montenegro. If you are going to seek work or carry a case here, then the difficulties will probably be more than in previous years. This is connected with the crisis, and with the new law on foreigners. But if you want and the availability of certain links and skills, no big problems will arise.

In any case, there is this corner of the Adriatic Sea some constants that will persist in any dashing times:

- ecology

- climate

- tourist interest

Of course, the acquisition of real estate in Montenegro is now not available to everyone. Especially difficult was the Russians, who previously could afford a very decent villas by the sea and spacious apartments. Along with the demand, the proposal was also accelerated in the previous decade: developers began actively exploring protected resort lands, residential complexes grow like mushrooms after the rain, the infrastructure is not as poor as before. But in the last 2 years, the sale of real estate in Montenegro is in decline, and realtors, along with developers are making more and more interesting concessions.

Suggestions appear the most unexpected.

This apartment is especially for foreigners, sold in the city of the club type, and joint mortgage lending with European banks. Symbiosis of these programs is the purchase of housing in Montenegro, when the mortgage is the apartments themselves. Of course, it is worthwhile to focus on liquid options, so that your loan application is guaranteed to be approved.

Mortgage conditions are standard:

-30% down payment

- term - 7-10 years

- 7% euro per annum

Russians, accustomed to the brutal Russian conditions, Montenegrin variants are satisfied, especially as the average prices for Eastern Europe in other countries have increased significantly compared to Montenegro. This is particularly noticeable in a very, very liquid Croatia, square meters of which are 2.5 to 3 times more expensive than neighboring ones, although geographically the distance between the objects may not exceed a dozen kilometers, and there are no problems with the entry and exit of the roads.

Incidentally, the price gradient, especially overestimated in 2006-7, is beginning to gradually come to normal, and the acquisition of housing in Montenegro is now possible at the most appropriate prices. If the trends continue, houses and apartments will be sold at below-average prices.

Now you will pay:

from 2 to 4 thousand euros for the standard (in the seaside cities)

5 and above thousands behind the coast

from 1,3 thousand for remote from the sea and mountain sites

It is fashionable now to buy a secondary housing, which in Montenegro has every right to be called at least archaic. Local residents with great pleasure sell their foreign monuments to foreign buyers with a bunch of problems of a physical and documentary nature. But it's cute, budget and original.

In a word, no matter how ambiguous the purchase of real estate in Montenegro looked like in theory, in practice you will definitely get an opportunity to live by the sea, eat natural products and breathe the cleanest healthy air. And the worldly difficulties can be looked philosophically - as to decay and vanity.

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