Property can only be bought through a cash purchase given there are no mortgages available at the moment.
   
  SECURE THE PROPERTY / PROPERTIES
   
  1. Open a bank account upon arrival, this must be done in person(s), the only documentation required to open an account is your passport.
   
  2. Transfer funds from your country of residence to Montenegro. It takes 3 - 5 days to transfer the funds and 3 days for the funds to clear, so allow minimum of 8 days before funds can be made available to draw on.
   
  3. Obtain a verbal or if required structural survey.
a) An architect should will provide a comprehensive verbal quotation should the property require renovation or re-structuring free of charge.
   
  4. Appoint a solicitor (lawyer) to secure the property.
   
  5. Pay a deposit of approximately 10% and sign the preliminary contract.
   
  6. This deposit and a preliminary contract certified by a solicitor will secure the property, until legal ownership is transferred from the vendor to the buyer through the court.
a) A solicitor will arrange and certify the preliminary contract, free of charge.
b) Furthermore, the company solicitor ensures all property and land titles have been registered and verified through legal process:
I. Justus titulus - The legal entitlement to the property
II. Modus aquirendi - The property has been registered with the Area Property Registry.
   
   
 
Reference Code: Prcanj_26_a/e_V
Price: €180,000
Location: Prcanj,Boka Kotorska
Bedrooms 3