Kotor Vista Apartments For Sale in Serbia And Montenegro

€228.000 (approx £158.332)

Provided your country of origin holds a reciprocal arrangement with Serbia and Montenegro, there are no restrictions regarding the purchase of residential property.
Land titles must be registered and verified. To complete the legal process on any property purchase, two conditions must be satisfied. They are as follows:

Justus titulus - The legal entitlement to the property

Modus aquirendi – The property must be registered with the Area Property Registry.

A written contract must be drawn-up, and signed by both the buyer and seller or their authorised representatives. All signatures certified by a court in Serbia or Montenegro.

The finalised and certified contract establishes the legal ownership.
After confirmation of ownership, an enquiry held by a department within the local Council Offices will determine the value of the property.

Property Tax is 2% of the agreed valuation.

Once the Property Tax is paid, confirmed by an official stamp on the contract, this contract is evidence to register the property with the local Area Property Registry.

The purchase is complete, upon the payment of the agreed price.
Investors wishing to purchase land for development must operate through a company registered in Montenegro.
We can introduce buyers to bi-lingual solicitors for legal transactions and insurance brokers for property cover.


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