Real Estate Lawyer in Montenegro
If you are ready to invest in Montenegro real estate and looking for my trusted real estate lawyer, meet Milovan.
Montenegro is an absolutely lovely country to buy real estate in but using a real estate lawyer when making a transaction is non-negotiable. If you have not already, feel free to read my Montenegro real estate market analysis.ย
Many things can go wrong when buying real estate in Montenegro
Just to name a few:
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Liens on the property.
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Mortgages on the property.
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Past transactions that were not completed properly, which could lead to claims later on.
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Not all owners agreeing to the sale.
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The sellers not having gone through the proper courts to process their inheritance.
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An existing house without a building nor usage permit
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A house that needs to be legalized / was build illegally.
Over half of the housing stock in Montenegro has been built without proper documentation, and has yet to go through the legalization process. Buying such a place is not necessarily a bad move, but you must be aware of it as some situations are riskier than others, and more expensive to fix. In most cases fines will have to be paid.
My point is, get a good real estate lawyer before moving forward with any real estate transaction in Montenegro. Also, be careful before using the lawyer that is recommended by your real estate agent. There is a potential for a conflict of interest. Itโs always much safer to use your own real estate lawyer in Montenegro.
Real Estate Lawyer in Montenegro
Meet Milovan, my real estate lawyer Montenegro
Milovan is a partner at one of the largest local law firms in Montenegro.
Local Market Expert
Primary office located in the capital city Podgorica with presence all over the country including along the coast.
Contact Milovan, your real estate lawyer in Montenegro
Video:
How real estate transactions work in Montenegro
Lawyer fees for a real estate transaction in Montenegro
Draft Sales Agreement Service Fee
- โฌ600.00 + VAT (if applicable)
- Includes review and amendments
Contract Execution Service Fee
- โฌ300.00 + VAT (if applicable)
- Includes visit to the notary
Please note that the services do not include additional costs you may incur, such as translation fees, notary fees, taxes, transportation costs (if the signing takes place outside of the office located in Podgorica) and other administrative costs.
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