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Property Legalization in Montenegro – What You Need to Know In Montenegro, many properties have been built without formal permits due to the absence of detailed government urban plans. To address this, a legalization process was introduced to bring these buildings into compliance with Montenegrin law. If your property was built without a permit, you…
New Developments in Montenegro’s Real Estate Market: A Comprehensive Update Montenegro’s Real Estate Market in 2024: Key Trends and Changes Montenegro’s real estate market continues to evolve, influenced by global economic conditions and local regulatory changes. Here are some of the latest developments shaping the market in 2024: Introduction of Progressive Property Tax Starting January…
Montenegro: The New Investment Hotspot for Turks (Karadağ)-News Introduction: Move over, traditional European hotspots! Montenegro, also known as Karadağ in Turkish, is emerging as a new favorite destination for Turkish citizens. This Balkan gem is witnessing a surge in Turkish interest, not just for tourism, but also for property purchases and business ventures. Let’s delve…
WHY TO BUY PROPERTY IN MONTENEGRO: A hidden gem in Europe Montenegro is a beautiful country with a mild Mediterranean climate, stunning Adriatic coastline, and rich natural and historical attractions. It is also a popular tourist destination with a well-developed tourist infrastructure. Reasons to buy property in Montenegro Montenegro offers a visa-free regime to citizens…
