Thinking about buying a property in Montenegro? Holiday Home or Permanent Residence?
Holiday Home: Flexibility and Rental Potential
If you're only planning to stay a few weeks per year, a holiday home offers both personal use and the opportunity to generate income through short-term rentals. Choose a central location near the sea, restaurants, and shops for the best experience and investment potential.
Popular areas: Budva, Tivat, Kotor Old Town
Best suited for: Investors, families looking for summer homes, and buyers seeking passive income.
Permanent Residence: Comfort and Year-Round Living
If you're planning to live in Montenegro full-time or for extended periods, you'll need a home that feels permanent. Focus on residential neighborhoods with supermarkets, healthcare, and schools. More space and comfort matter here – think houses, villas, or large apartments.
Great locations for year-round living: Budva, Podgorica, Ljuta ect
Best suited for: Retirees, remote workers, and people seeking a Mediterranean lifestyle.
New Build or Traditional Charm?
Montenegro offers a mix of modern developments and older, character-filled properties.
- New builds are convenient, energy-efficient, and low-maintenance
- Older homes can offer more charm but may require renovation and extra legal checks
Always consider renovation costs and paperwork before buying a traditional property.
Location Matters
Montenegro offers a range of locations depending on your lifestyle:
- Coastal towns (Budva, Tivat, Kotor): Vibrant in summer, quieter in winter
- Mountain areas (Cetinje, Žabljak): Peaceful, scenic, and often more affordable
- Capital city Podgorica: Ideal for business and everyday conveniences
Legal and Tax Considerations
Foreigners can own property in Montenegro, and taxes are low compared to Western Europe. Still, it's essential to do proper legal checks.
As your trusted partner we can ensure:
- The title is clear
- No debts are attached to the property
- All zoning and building permits are in order
Final Thoughts
Whether you're looking for a holiday escape or planning a full relocation, Montenegro offers excellent value, lifestyle, and long-term potential.
Need help choosing the right property?
Contact us today for a free consultation and let us guide you through the process step by step.