Recently, Montenegro has become a very popular tourist area. It is not surprising that the number of people who want to buy real estate in Montenegro inexpensively increased.
Investors are beckoning great potential for development: the country is distinguished by a wonderful climate and magnificent sea resorts. In addition, the Montenegrin language is very similar to Russian, so tourists feel very comfortable.
The country’s economy has a large amount of Russian investment, which is increasing every year, since there are a lot of people who want to buy houses in Montenegro. Potential buyers are attracted by high profitability of investment, and it does not matter that buying – apartments in Montenegro or large residential complexes.
Investment income is not the only argument of the purchase of an apartment in Montenegro. Such a real estate object can be a great place to relax throughout the year, since the climate in the country is very soft.
It is necessary to take into account the fact that foreigners can buy real estate in Montenegro inexpensively only with the aim of investing their funds. Currently, law is prohibited by the purchase of land in private property of citizens of another country. This problem can be solved if you purchase a land plot in the company, which is registered in Montenegro.
Unlike other countries, the process of buying a house in Montenegro is very simple and proceeds promptly provided that all the papers are correctly decorated. The key for any buyer is the question of documents that establish ownership. If the house was inherited from generation to generation, then it can have many owners. In this case, the sale of the facility should be carried out with the consent of all owners.
Significantly simplifies the case of the acquisition of an object having one owner. Sometimes there are problems with property, which was confiscated from the hosts by the communist regime. To avoid this, it is necessary to carefully verify the documents before signing a preliminary transaction agreement.
The country does not have a legal necessity in the direct familiarization of the investor with future property, however, for personal calm, it is better to inspect the property.
Many are worried about housing insurance, especially if it is not planned to operate all year round. We can say that the insurance system in the country is not very developed, but it is quite possible to insure real estate.