Montenegro, the small Balkan country with an Adriatic coast, has become increasingly popular in recent years. No wonder, as you’ll find breathtaking landscapes, lots of culture and history, as well as a relaxed atmosphere here. For many, Montenegro is thus the ideal choice when it comes to searching for their dream property abroad. But where does one start the search for the perfect abode? And what should you look out for?

Location of the Dream Property

First and foremost, it depends on the location, of course. Montenegro’s Adriatic coast offers a lot. Popular regions include Budva with its sandy beaches as well as Kotor and the Lustica peninsula. Those who prefer it a bit quieter and more pristine should look at properties in the interior. The regions around Podgorica, the old capital Cetinje, or also Lake Skadar have their own charm.

When choosing the region, personal preferences play a role: Do you want to be near the coast with lots going on around you? Or rather live secluded in the greenery? The distance to airports and other infrastructure is also a factor. Best is to travel through Montenegro and check out different areas before making a final decision.

Buying or Renting in Montenegro?

In Montenegro, you have two options: you can buy a property or rent. Buying has the advantage that you are completely independent as an owner. A purchase can also pay off in the long run if property prices continue to rise. Renting is more flexible, as you can try out different locations. Some experts therefore advise prospective buyers to rent first. This way you can calmly find the perfect property to buy.

Renting is quite affordable in Montenegro. Average rental prices, even for high-quality properties, currently range between 5-15 euros per square meter. For purchase prices, you can expect around 1500 to 2500 euros per square meter, depending on the location and quality of the property. The prices are thus still significantly lower than in many other European countries.

Balkan Flair: Typical Properties in Montenegro

Many properties in Montenegro are in the traditional Balkan style. You can still find original stone houses in the old towns, rustic country houses in the countryside or elegant villas by the sea. Of course, there are modern apartment complexes too, but those seeking the typical Montenegrin charm should look out for one of these options:

Old stone houses in the dreamy old towns of Kotor, Budva or Herceg Novi. Here you live right in the historic ambience.

Rustic country houses, either as a ruin to renovate or already modernized. Perfect for a country life.

Mediterranean villas with sea views – the Balkan lifestyle par excellence.

With old houses, one should factor in renovation costs. In return, you’ll live in a truly unique ambience after the renovation. Best suited for people who already have experience with renovations.

Finding Your Dream Property in Montenegro: The Right Contact
The search for the right property requires the right contact. You have the following options: http://www.montenegro-realestate.org

Local real estate agents on site: They know the Montenegrin real estate market in detail and usually have some interesting offers on hand. However, English skills are important here.

International real estate agents: They advise interested buyers from abroad. The advantage is that they can consult in English or German.

Specialized providers solely for Montenegro’s real estate market: Here you often find the most interesting offers.

To Ensure Financing: Documents to Prepare
Before buying property in Montenegro, you should check your financial possibilities. Important factors are:

Equity capital: At least 20-30% is required

Creditworthiness: The financial situation should be solid

Proof of income: Foreign remittances, rental income, pensions etc.

Possibly financing through your home bank

Those who want to buy in Montenegro as a non-EU citizen should also prepare these documents:

• Passport
• Proof of permanent income
• Certified bank confirmation
• Credit report

With these documents, nothing stands in the way of acquiring your dream property!

Conclusion: Keep Calm When Searching for Your Dream Property in Montenegro

Montenegro offers very good conditions to fulfill the dream of owning your own vacation property or a new home abroad. With the right preparation, a good contact person, and some patience during the search, you can find what you’re looking for here. The combination of a breathtaking natural scenery, Mediterranean lifestyle and still affordable prices is unbeatable. So: Those searching for their new dream property under the Montenegrin sun shouldn’t let the many possibilities stress them out. With the right strategy, the chances are good to find what you’re looking for!