| €228.000 (approx £158.332) | |||||||||||||
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Provided your country of origin holds a reciprocal arrangement with Serbia and Montenegro, there are no restrictions regarding the purchase of residential property. 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. 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. | |||||||||||||
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