Great analysis. You obviously do your homework. I agree with on pretty much everything. As an expat, I came to Montenegro in 2005 to speculate in real estate. It was an amazing time at the beginning for sure. In 2012 I started ntRealty real estate agency and my own analysis made me focus my attention on Boka Kotorska (the whole bay of Kotor) and I could see the writing on the wall regarding Tivat many years ago so moved my office from Kotor to Tivat as Tivat (mainly because of Porto Montenegro) was the most promising area for growth; I haven't regretted that decision at all. Slight correction. Yes, you're right, if you buy a new property, developed by a tax paying developer, you'll have 21% VAT (PDV) to pay, but this is always included in the price, in my experience. Furthermore, with the purchase of a new VAT qualifying property, you don't pay the 3% purchase tax, so there's an advantage. Yes, due diligence is important when buying a property and there have been problems in the past. But Montenegro has really tightened things up in this regard and all sales go through a Notary who is obliged to check the legitimacy of a sale. Nevertheless, it's very important to check the legal status of the building. Try and use a reliable real estate agency, there are a lot of charlatans out there who only want to make a quick sale/commission. Keep up the great work. Peter
Thank you Peter for such a detailed response. I wish there were more people like yourself contributing your own experience on this channel. It is good to hear you have made a success out of setting up an estate agency in Montenegro.
@@miguelmelopinto hi. There are a few opportunities, but Montenegro is not a fast moving market which has been stilted by curbs on travel in 2020. The trend for Montenegro is long-term growth so in general has suited medium and long-term investors. But due to slow sales in 2020, the market is softer than normal. Nevertheless, places like Tivat and Kotor have not seen reductions in prices and developers and builders are hard at work. If, as stated by EU Montenegro joins in 2025, I expect to see real estate prices picking up considerably from 2023.
@@MontenegroRealEstate How are the current lock downs? Market still softening? How much longer would the covid travel restrictions need to be put in place in your opinion before it started effecting prices in Tivat and Kotor? Or are things already starting to recover. Any info would be appreciated.
Main Article Resource : thewanderinginvestor.com/international-real-estate/the-real-estate-investment-market-in-montenegro/ (The wandering Investor - excellent website for Montenegro Investment)
Hi Giorgio, great video. I visited Montenegro a few years back. It's a wonderful country. Would it be possible to do an analysis of Bosnia? I'm thinking of Sarajevo and maybe Trebinje??
Hi Giorgio, as usual very good insight. Thank you. Please keep in mind another quite important factor. Weather condition in Montenegro - look at statistics about how much rain/snow falls in autumn, spring and winter. For me its "no go" situation regardless if its life style chioce or rental purpose. Montenegro has efectively 2 max 3 months of seazon and even in season there is lot of rain. Correct me if i am wrong.
Krzysztof you make a good point on the weather but what I will say is that even in November the average temperature is still a very pleasant 17-18 C although yes you will get some rainy days.
Thx for your analysis, it was interesting ,helpful and well presented. Also l enjoyed reading the Ntrealty comments too. Do you have any current data as to the differences of the actual purchased price vs the list price?
Great roundup. I know Montenegro very well and I'm a property investor in other markets, and I fully agree with your analysis. I'm personally keeping an eye out on the Kotor and Tivat offerings. The new build developments like Porto Montenegro and Lustica Bay are very nice but way overpriced in my view. The best deal is probably an existing, modernized property on the front/second line of Kotor bay. Construction opportunities around there are very limited so the properties with good locations are highly likely to remain sought after and exclusive. Have you actively been looking to invest there?
Hi Chaitu thank you so much for your feedback. I have not yet considered investing but was highly impressed when I was in Montenegro last year (particularly Kotor). I agree 100% with your analysis that it is better to buy a modernized property in Kotor bay
@@saveandinvestwithgiorgiolo8375 I see you both have a good insight into where to invest in the area. Kotor Old Town and Dobrota are prime locations. You can also consider Muo and Prcanj as they offer better value in general, but suffer slightly from being in the shade earlier than Dobrota. Personally, I live in Sveti Stasije, Dobrota. Tivat now offers a great choice of new apartments, though few with sea views. Porto Montenegro has massive expansion plans, but not sure how they will pull them off.
@@bobwa399 The main limitation is physical scarcity of land due to there only being a narrow stretch of land between the steep mountains and the water.
This link may be useful for Montenegro 🇲🇪 www.rightmove.co.uk/overseas-property/find/ntRealty/Tivat.html?locationIdentifier=BRANCH%5E108032 although it links to properties my agency sells, you can also a number of other agents properties to get an idea of prices in this country. Peter
What about starting a small business in ME? like a car or small transport truck for transporting goods and people OR a grocery store type of sole proprietorships.
@@saveandinvestwithgiorgiolo8375 Any idea about the cost and procedure OR some one with that kind of knowledge? Actually I am looking for detail but the internet is useless, no such info exist. Its not easy to travel all the way there and get the info.
Thank you Ewa. Poland is a good place to invest long term see link below to a video I did on Poland. I will be making a video on Portugal in not too long. th-cam.com/video/DIGMH91q4NU/w-d-xo.html (Poland)
If you're building for yourself or even a single unit for resale, then in reality, no. If you want to sell multiple units then officially you should form a company that is PDV (VAT) registered. Of course then you will have invoices including PDV which will be taken into account when you sell including PDV. So in reality, the PDV part of a sale is usually net 11%.
@@saveandinvestwithgiorgiolo8375 for Value, I completely agree with Giorgio. High end developments like Lustica Bay are selling apartments from €5k-11k/m2 whereas you can buy brand new apartments in close proximity to Porto Montenegro and Tivat Centre from €2k-3,5k . These prices include PDV (VAT) @21% which I’m noticing that many people think you must pay on top of the listed price. This is not the case. In fact, there is an advantage to buying a brand new apartment from a PDV registered developer as you not only don’t pay the PDV, you also don’t pay the standard 3% purchase tax. You can find various examples here www.rightmove.co.uk/overseas-property/find/ntRealty/Tivat.html?locationIdentifier=BRANCH%5E108032
very interesting country. here's my questions: what property in north and south of montenegro that is approved for citizenship by investment program? are there any banks in montenegro that gives a high interest rate on time deposit? is there any casino in montenegro? please reply, thanks.
Hi Mico the following link should be of help www.goldenvisas.com/montenegro?GoogleAdwords&PPC&CampaignTracker&Montenegro%20investment%20citizenship&gclid=CjwKCAjwkJj6BRA-EiwA0ZVPVt4bHFTVLUKqPvEsG9IF6R8PS_uM6N6BguWASwI-AiIqvb1WRj5auRoCyhYQAvD_BwE Deposit rates have gone down in Montenegro but not sure about long term deposits. There are casinos in Montenegro. I believe at least three in Budva and one in Podgorica and Tivat and I think one in the bay of Kotor
There are more and more development projects coming online. Porto Montenegro has been approved for its recently announced Boka Place, and I believe Lustica Bay will have CBI approved properties to offer too. Demand for CBI is up over 100% this year so, although prices in general will get a little softer in Montenegro, I don’t believe there will be too much give in these projects. We can help if you’re looking for a guide on the ground.
Thank you for your analysis. Can you comment on when is the best time to purchase property in Montenegro? I am looking for a lifestyle purchase in the countryside and also an investment property to supplement my income. Can you recommend any areas for a lifestyle purchase. Initially would be used as a holiday home with the intention to relocate there from the UK in next 5-10years. Thanks again for sharing your analysis. Warm Regards
Many thanks. Season wise it is best to purchase in winter as there are more bargains and less competition. I think once the pandemic is over you should be able to find some good deals. For investment purposes I would not look beyond Tivat/Kotor Bay and Old Town. For lifestyle you could do worse than buying in one of the villages near the beautiful Skadar Lake. Virpazar is amazing and you are not a million miles away from Budva or Stari Bar.
For investment, Giorgio is right, Tivat or Kotor areas are best, I’d also add Lustica Peninsula and a joker in the pack would be Herceg Novi. HN won’t give you great returns now, but is a lovely town very close to the Croatian border and Dubrovnik Airport and will benefit greatly when Montenegro is predicted to join EU in 2025. If by lifestyle you mean bars and restaurants and enjoyable surroundings, then Kotor and Tivat are your best options again. I’d skip Podgorica and go straight to Kolasin for a good place for investment and nature.
4 ปีที่แล้ว +3
Hi, I have always wanted to buy a home in the countryside of Montenegro to live in, but lately have seen a lot on the news that the country is not very stable, yet you just said that it is? Do you think that living there in the countryside would be a good idea? Thank you so much for your videos, it's a great help to me.
Dear Zsa-Zsa there have been clerical protests in Montenegro but I do not believe in the long term that this will affect property prices in Montenegro. Co-Vid 19 is much more serious an issue in Montenegro as it is in most countries. You can buy in the countryside but I believe the upside investment potential is a lot less than in Kotor Bay/Tivat. However there is nothing wrong in buying in the countryside as a lifestyle purchase. Thanks
4 ปีที่แล้ว +4
@@saveandinvestwithgiorgiolo8375 Thank you so much for your response, I really appreciate it. I was considering France and Italy too, but I believe now that Montenegro in many aspects would be a better choice. I am so grateful for your videos.
I’ve lived in Montenegro since 2005 and haven’t seen any evidence of instability in daily life. Yes, Covid-19 has had a dramatic affect on the tourism and economy in 2020, which has opened up opportunities for buyers. In general, prices tend to stagnate in Montenegro due to very high ownership rates, but there are always some distressed sellers. But the fundamentals are still here, which is the amazing beauty of the place, the prediction it will join EU 2025 and that it’s much cheaper (for the best locations) than Croatia, and lifestyle is fun and diverse. For this reason, you have numerous world leading hotel brands in or coming to Montenegro and the ‘expensive’ developments such as Porto Montenegro, Lustica Bay, Porto Novi are unparalleled in the region. Tourism will pick up and shows immense promise for the coming decades.
What's your outlook on the recent developments regarding controversial religion law of Serbian orthodox churches and will it hamper the investment climate in Montenegro?
@@saveandinvestwithgiorgiolo8375 thank you, do you have an estimate on how much the sqm would cost if I was to build my own place after I bought the land, so not taking the cost of land into consideration what would it cost to build the place including labor, material etc, do you have any tips on good architectures there?
@@ash000us hi. You can build to a good standard from €800/m2 but good/lux quality would be from €1000/m2 You can buy land from €70 in reasonable locations. If you want to be in more popular areas, you’ll pay from €200-1000/m2 for land you can build on.
Last year was murder for Montenegro because mainly Russian olihgarghs and Russian market was down. Taxes are good in Montenegro, and I am positive that they will bounce next year and will be serious challenge to Croatia,
Hi Juli as I understand it to get citizenship through a property purchase you either have to either spend 250,000 Euros on a property purchase in an underdeveloped region(north of the country) or 450,000 Euros in a developed region(south of the country). You will also need to make a 100,000 Euros contribution in the form of a government donation.
Yes. Giorgio is correct with his answer. You must also consider that the investment must be in an approved development. These tend to be higher priced projects.
In India, some agent is giving info about Montenegro Investment of 1 BHK appartment starting with 50k euro. Buy Real Estate and get Residence in Montenegro Europe Cheapest residence option in Balkan States - European countries - Which countries are provided cheapest Real Estate Residence Permit? Which type of properties is available for sale in Montenegro? What is cost of Studio, 1 BHK, 2 BHK, 3 BHK, 4BKH and penthouse in Montenegro? Apartment start from Euro 50,000 onward with guaranteed rent back agreement. What are benefits for Montenegro Residence Permit? How much minimum investment is required for Montenegro residence permit? What is tax system in Montenegro? What is VAT/Notary charges/wealth tax/property tax in Montenegro? When Montenegro will join with EU full member? What is currency of Montenegro? See details of all property from description box. IS HE RIGHT OR DUPING INDIANS?
Sorry just saw this. You cannot get residency with a 50K Euro investment. See following link th-cam.com/users/redirect?event=comments&redir_token=QUFFLUhqbDJ1UTVXSHlnWmtjdEQ2MVkySHJudmdoWHFVQXxBQ3Jtc0ttRGwtYThjUXlNLUtKdkhjd1VmNmI2V0RUYUxKZTNhUndMRk1uRVZQcUhUSG5KYVppbzF4bFR6ZGlMb3dtdEF6ZjVXWFAzQWpRMlc4NmN0OXdJRWlUbnNYbTFPOU9ZbWx6QU02UlgtUEpVSm52cUdXQQ%3D%3D&stzid=UgzEIwO5gvCxzosC76B4AaABAg.9Cl5Cku4F2m9CodGZYUaMx&q=https%3A%2F%2Fwww.goldenvisas.com%2Fmontenegro%3FDGoogleAdwords%26DPPC%26DCampaignTracker%26DMontenegro%2520investment%2520citizenship%26gclid%3DCjwKCAjwkJj6BRA-EiwA0ZVPVt4bHFTVLUKqPvEsG9IF6R8PS_uM6N6BguWASwI-AiIqvb1WRj5auRoCyhYQAvD_BwE
Great analysis. You obviously do your homework. I agree with on pretty much everything. As an expat, I came to Montenegro in 2005 to speculate in real estate. It was an amazing time at the beginning for sure. In 2012 I started ntRealty real estate agency and my own analysis made me focus my attention on Boka Kotorska (the whole bay of Kotor) and I could see the writing on the wall regarding Tivat many years ago so moved my office from Kotor to Tivat as Tivat (mainly because of Porto Montenegro) was the most promising area for growth; I haven't regretted that decision at all.
Slight correction. Yes, you're right, if you buy a new property, developed by a tax paying developer, you'll have 21% VAT (PDV) to pay, but this is always included in the price, in my experience. Furthermore, with the purchase of a new VAT qualifying property, you don't pay the 3% purchase tax, so there's an advantage.
Yes, due diligence is important when buying a property and there have been problems in the past. But Montenegro has really tightened things up in this regard and all sales go through a Notary who is obliged to check the legitimacy of a sale. Nevertheless, it's very important to check the legal status of the building. Try and use a reliable real estate agency, there are a lot of charlatans out there who only want to make a quick sale/commission.
Keep up the great work.
Peter
Thank you Peter for such a detailed response. I wish there were more people like yourself contributing your own experience on this channel. It is good to hear you have made a success out of setting up an estate agency in Montenegro.
Thank you for the additional insight, Peter.
Hi! Thank you for sharing. In your opinion, are there any opportunities for flips in Montenegro?
@@miguelmelopinto hi.
There are a few opportunities, but Montenegro is not a fast moving market which has been stilted by curbs on travel in 2020. The trend for Montenegro is long-term growth so in general has suited medium and long-term investors. But due to slow sales in 2020, the market is softer than normal. Nevertheless, places like Tivat and Kotor have not seen reductions in prices and developers and builders are hard at work. If, as stated by EU Montenegro joins in 2025, I expect to see real estate prices picking up considerably from 2023.
@@MontenegroRealEstate How are the current lock downs? Market still softening? How much longer would the covid travel restrictions need to be put in place in your opinion before it started effecting prices in Tivat and Kotor? Or are things already starting to recover. Any info would be appreciated.
Please find links below to other Real Estate Videos
th-cam.com/video/XRR0jL42mfM/w-d-xo.html (Estonia)
th-cam.com/video/o2KjYXMpC7c/w-d-xo.html (Bulgaria)
th-cam.com/video/GjOLeibL2R4/w-d-xo.html (Cambodia)
th-cam.com/video/DIGMH91q4NU/w-d-xo.html (Poland)
Main Article Resource : thewanderinginvestor.com/international-real-estate/the-real-estate-investment-market-in-montenegro/ (The wandering Investor - excellent website for Montenegro Investment)
Hi Giorgio, great video. I visited Montenegro a few years back. It's a wonderful country. Would it be possible to do an analysis of Bosnia? I'm thinking of Sarajevo and maybe Trebinje??
Hi Giorgio, as usual very good insight. Thank you. Please keep in mind another quite important factor. Weather condition in Montenegro - look at statistics about how much rain/snow falls in autumn, spring and winter. For me its "no go" situation regardless if its life style chioce or rental purpose. Montenegro has efectively 2 max 3 months of seazon and even in season there is lot of rain. Correct me if i am wrong.
Krzysztof you make a good point on the weather but what I will say is that even in November the average temperature is still a very pleasant 17-18 C although yes you will get some rainy days.
You are wrong
Thx for your analysis, it was interesting ,helpful and well presented. Also l enjoyed reading the Ntrealty comments too. Do you have any current data as to the differences of the actual purchased price vs the list price?
What about Kumbor and PORTONOVI close to Herceg Novi.Nice video
Great roundup. I know Montenegro very well and I'm a property investor in other markets, and I fully agree with your analysis. I'm personally keeping an eye out on the Kotor and Tivat offerings. The new build developments like Porto Montenegro and Lustica Bay are very nice but way overpriced in my view. The best deal is probably an existing, modernized property on the front/second line of Kotor bay. Construction opportunities around there are very limited so the properties with good locations are highly likely to remain sought after and exclusive.
Have you actively been looking to invest there?
Hi Chaitu thank you so much for your feedback. I have not yet considered investing but was highly impressed when I was in Montenegro last year (particularly Kotor). I agree 100% with your analysis that it is better to buy a modernized property in Kotor bay
@@saveandinvestwithgiorgiolo8375 I see you both have a good insight into where to invest in the area. Kotor Old Town and Dobrota are prime locations. You can also consider Muo and Prcanj as they offer better value in general, but suffer slightly from being in the shade earlier than Dobrota. Personally, I live in Sveti Stasije, Dobrota.
Tivat now offers a great choice of new apartments, though few with sea views. Porto Montenegro has massive expansion plans, but not sure how they will pull them off.
Why is construction so limited? what is the minimum cost of construction say 100m2 land for a house on a village OR out of city locations?
@@bobwa399 The main limitation is physical scarcity of land due to there only being a narrow stretch of land between the steep mountains and the water.
@@chaitusatbhai5036 Are you referring to villages? what is the land area away from cities..rural land area?
Great video, relaxed, informative and easy to watch. I see you promote nTRealty, do you have a lawyer you can recommend? Great work - keep it up...
High interest in Montanegro thank u
Thanks. Unfortunately since I made this video prices have risen a fair bit.
like your videos, clear and brief. could you include the app or website you use to search properties sites for each country
thanks
Thanks for your feedback I will definitely consider this going forward
This link may be useful for Montenegro 🇲🇪 www.rightmove.co.uk/overseas-property/find/ntRealty/Tivat.html?locationIdentifier=BRANCH%5E108032 although it links to properties my agency sells, you can also a number of other agents properties to get an idea of prices in this country. Peter
What about starting a small business in ME? like a car or small transport truck for transporting goods and people OR a grocery store type of sole proprietorships.
Why not bob
@@saveandinvestwithgiorgiolo8375 Any idea about the cost and procedure OR some one with that kind of knowledge? Actually I am looking for detail but the internet is useless, no such info exist. Its not easy to travel all the way there and get the info.
Nice idea 👍
Like your chanal what do you think about investing in Poland ex Gdańsk or Portugal close to sea ?
Thank you Ewa. Poland is a good place to invest long term see link below to a video I did on Poland. I will be making a video on Portugal in not too long.
th-cam.com/video/DIGMH91q4NU/w-d-xo.html (Poland)
Helpful again 🙏🏼. xx
Thanks again Tatyana
Great video. Do you have to pay vat on a property you build?
If you're building for yourself or even a single unit for resale, then in reality, no. If you want to sell multiple units then officially you should form a company that is PDV (VAT) registered. Of course then you will have invoices including PDV which will be taken into account when you sell including PDV. So in reality, the PDV part of a sale is usually net 11%.
Hi, Giorgio. Is it good idea to invest in Lustica, a new town on lustica peninsula?
Hi Endzhe although I would personally go for Tivat overall Lustica in my opinion is a good place to invest.
@@saveandinvestwithgiorgiolo8375 Thank you Giorgio for your respond:)
@@saveandinvestwithgiorgiolo8375 for Value, I completely agree with Giorgio. High end developments like Lustica Bay are selling apartments from €5k-11k/m2 whereas you can buy brand new apartments in close proximity to Porto Montenegro and Tivat Centre from €2k-3,5k . These prices include PDV (VAT) @21% which I’m noticing that many people think you must pay on top of the listed price. This is not the case. In fact, there is an advantage to buying a brand new apartment from a PDV registered developer as you not only don’t pay the PDV, you also don’t pay the standard 3% purchase tax. You can find various examples here www.rightmove.co.uk/overseas-property/find/ntRealty/Tivat.html?locationIdentifier=BRANCH%5E108032
Is it good idea.
I live in Kotor
very interesting country. here's my questions:
what property in north and south of montenegro that is approved for citizenship by investment program?
are there any banks in montenegro that gives a high interest rate on time deposit?
is there any casino in montenegro?
please reply, thanks.
Hi Mico the following link should be of help www.goldenvisas.com/montenegro?GoogleAdwords&PPC&CampaignTracker&Montenegro%20investment%20citizenship&gclid=CjwKCAjwkJj6BRA-EiwA0ZVPVt4bHFTVLUKqPvEsG9IF6R8PS_uM6N6BguWASwI-AiIqvb1WRj5auRoCyhYQAvD_BwE Deposit rates have gone down in Montenegro but not sure about long term deposits. There are casinos in Montenegro. I believe at least three in Budva and one in Podgorica and Tivat and I think one in the bay of Kotor
thanks for the reply, its a great help.
There are more and more development projects coming online. Porto Montenegro has been approved for its recently announced Boka Place, and I believe Lustica Bay will have CBI approved properties to offer too. Demand for CBI is up over 100% this year so, although prices in general will get a little softer in Montenegro, I don’t believe there will be too much give in these projects. We can help if you’re looking for a guide on the ground.
@@MontenegroRealEstate Your feedback is always appreciaited
What are you saying "just make sure you check the [titodees]???? with a good layer".
Yes Fredrik
Thank you for your analysis. Can you comment on when is the best time to purchase property in Montenegro?
I am looking for a lifestyle purchase in the countryside and also an investment property to supplement my income.
Can you recommend any areas for a lifestyle purchase. Initially would be used as a holiday home with the intention to relocate there from the UK in next 5-10years.
Thanks again for sharing your analysis.
Warm Regards
Many thanks. Season wise it is best to purchase in winter as there are more bargains and less competition. I think once the pandemic is over you should be able to find some good deals. For investment purposes I would not look beyond Tivat/Kotor Bay and Old Town. For lifestyle you could do worse than buying in one of the villages near the beautiful Skadar Lake. Virpazar is amazing and you are not a million miles away from Budva or Stari Bar.
Many thanks, much appreciated :)
@@chocolatekay66 No problem at all
@@chocolatekay66 My pleasure
For investment, Giorgio is right, Tivat or Kotor areas are best, I’d also add Lustica Peninsula and a joker in the pack would be Herceg Novi. HN won’t give you great returns now, but is a lovely town very close to the Croatian border and Dubrovnik Airport and will benefit greatly when Montenegro is predicted to join EU in 2025.
If by lifestyle you mean bars and restaurants and enjoyable surroundings, then Kotor and Tivat are your best options again. I’d skip Podgorica and go straight to Kolasin for a good place for investment and nature.
Hi, I have always wanted to buy a home in the countryside of Montenegro to live in, but lately have seen a lot on the news that the country is not very stable, yet you just said that it is? Do you think that living there in the countryside would be a good idea? Thank you so much for your videos, it's a great help to me.
Dear Zsa-Zsa there have been clerical protests in Montenegro but I do not believe in the long term that this will affect property prices in Montenegro. Co-Vid 19 is much more serious an issue in Montenegro as it is in most countries. You can buy in the countryside but I believe the upside investment potential is a lot less than in Kotor Bay/Tivat. However there is nothing wrong in buying in the countryside as a lifestyle purchase. Thanks
@@saveandinvestwithgiorgiolo8375 Thank you so much for your response, I really appreciate it. I was considering France and Italy too, but I believe now that Montenegro in many aspects would be a better choice. I am so grateful for your videos.
@ Many thanksand glad to have been of help
I’ve lived in Montenegro since 2005 and haven’t seen any evidence of instability in daily life. Yes, Covid-19 has had a dramatic affect on the tourism and economy in 2020, which has opened up opportunities for buyers. In general, prices tend to stagnate in Montenegro due to very high ownership rates, but there are always some distressed sellers. But the fundamentals are still here, which is the amazing beauty of the place, the prediction it will join EU 2025 and that it’s much cheaper (for the best locations) than Croatia, and lifestyle is fun and diverse. For this reason, you have numerous world leading hotel brands in or coming to Montenegro and the ‘expensive’ developments such as Porto Montenegro, Lustica Bay, Porto Novi are unparalleled in the region. Tourism will pick up and shows immense promise for the coming decades.
@@MontenegroRealEstate Agree 100%
What's your outlook on the recent developments regarding controversial religion law of Serbian orthodox churches and will it hamper the investment climate in Montenegro?
Del Fin this it is unfortunately not something we want to see but in all honesty I do not see it affecting the market
Thank you!, so if I buy a flat in a newly built building I would have to pay extra 21% VAT?
Thank you Ashraf. In effect yes but when new builds come out the VAT is already included in the price you are quoted.
@@saveandinvestwithgiorgiolo8375 thank you, do you have an estimate on how much the sqm would cost if I was to build my own place after I bought the land, so not taking the cost of land into consideration what would it cost to build the place including labor, material etc, do you have any tips on good architectures there?
@@ash000us hi. You can build to a good standard from €800/m2 but good/lux quality would be from €1000/m2
You can buy land from €70 in reasonable locations. If you want to be in more popular areas, you’ll pay from €200-1000/m2 for land you can build on.
Wonderful video, sir, thank you!
Many thanks Bill for your kind comments
ي
Last year was murder for Montenegro because mainly Russian olihgarghs and Russian market was down.
Taxes are good in Montenegro, and I am positive that they will bounce next year and will be serious challenge to Croatia,
Taxes are low in Montenegro, and I already think it is challenging Croatia
Zivi bili pa vidjeli said our smart elderly people.
If it is up to me I wish both countrioes tremendeous success.
@@vladimirpolgar1737 Absolutely.
How much I can get a decent aptm for my self 1 bedroom flat I am retire from Emirates airlines
Hi Sofia Sofia in Tivat for a good one bed around 50-60 sqm you would be looking at around 100.000 Euros. Please only take this as estimate. Thanks
Hello do you know if you get residancy with the investment?
Hi Juli as I understand it to get citizenship through a property purchase you either have to either spend 250,000 Euros on a property purchase in an underdeveloped region(north of the country) or 450,000 Euros in a developed region(south of the country). You will also need to make a 100,000 Euros contribution in the form of a government donation.
Yes. Giorgio is correct with his answer. You must also consider that the investment must be in an approved development. These tend to be higher priced projects.
@@MontenegroRealEstate Many thanks for confirming.
In India, some agent is giving info about Montenegro Investment of 1 BHK appartment starting with 50k euro.
Buy Real Estate and get Residence in Montenegro Europe
Cheapest residence option in Balkan States - European countries - Which countries are provided cheapest Real Estate Residence Permit? Which type of properties is available for sale in Montenegro? What is cost of Studio, 1 BHK, 2 BHK, 3 BHK, 4BKH and penthouse in Montenegro? Apartment start from Euro 50,000 onward with guaranteed rent back agreement. What are benefits for Montenegro Residence Permit? How much minimum investment is required for Montenegro residence permit? What is tax system in Montenegro? What is VAT/Notary charges/wealth tax/property tax in Montenegro? When Montenegro will join with EU full member? What is currency of Montenegro? See details of all property from description box.
IS HE RIGHT OR DUPING INDIANS?
Sorry just saw this. You cannot get residency with a 50K Euro investment. See following link th-cam.com/users/redirect?event=comments&redir_token=QUFFLUhqbDJ1UTVXSHlnWmtjdEQ2MVkySHJudmdoWHFVQXxBQ3Jtc0ttRGwtYThjUXlNLUtKdkhjd1VmNmI2V0RUYUxKZTNhUndMRk1uRVZQcUhUSG5KYVppbzF4bFR6ZGlMb3dtdEF6ZjVXWFAzQWpRMlc4NmN0OXdJRWlUbnNYbTFPOU9ZbWx6QU02UlgtUEpVSm52cUdXQQ%3D%3D&stzid=UgzEIwO5gvCxzosC76B4AaABAg.9Cl5Cku4F2m9CodGZYUaMx&q=https%3A%2F%2Fwww.goldenvisas.com%2Fmontenegro%3FDGoogleAdwords%26DPPC%26DCampaignTracker%26DMontenegro%2520investment%2520citizenship%26gclid%3DCjwKCAjwkJj6BRA-EiwA0ZVPVt4bHFTVLUKqPvEsG9IF6R8PS_uM6N6BguWASwI-AiIqvb1WRj5auRoCyhYQAvD_BwE
Do you live in ME?
Hi bob. I do not live in Montenegro
Your picture frames are crooked...
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