How to pay for real estate in Montenegro from Turkey?
Angela Makovskaya asks:
I am planning to purchase a property for permanent residence in Montenegro. How to make a real estate payment from Turkey.
And does buying inexpensive real estate give you the right to a residence permit?
Expert answers (2)
(CherryEstate)
Good afternoon, Angela! After you have chosen the property you like, you need to sign a notarized purchase and sale agreement. If you cannot physically attend the signing of the contract in Montenegro, you need to issue a power of attorney to purchase an apartment on your behalf. This can be done in any country, and it will not be difficult to translate the power of attorney into Serbian. After signing the notarial agreement, you will be able to send funds to the seller's checking account by submitting the same notarial purchase and sale agreement to your bank in Turkey. We also recommend contacting your bank in advance, specifying what other documents it needs (for example, some banks require a translation of the contract from a licensed translator, and some do not require it at all). The owner of at least 1/2 of the residential property of any value can count on a residence permit for real estate in Montenegro.
25.02.2025
(Prometheus )
Hello, Angela! You can pay for the purchase by bank transfer. At the moment, there are no restrictions on the amount for obtaining a residence permit.
25.02.2025
Consultation
MONTENEGRO. Visa, residence permit, citizenship
Good afternoon, if I come to live with you and open an individual entrepreneur, can the country provide permanent housing, a house? We wanted to come and live in this country in a house and work, open a sole proprietorship.
06.02.2025
MONTENEGRO. The rights of foreign buyers
I'm from Ukraine. I am currently in Switzerland, have S status here (temporary protection status as a refugee) and will be here until the end of the war. Question. If I plan to buy an apartment in Montenegro for housing and living in the future, what about the documents if the package when buying a property indicates that a tourist visa is required when buying? Or maybe my S status is suitable? Sincerely, Svetlana
11.10.2024
MONTENEGRO. The purchase procedure
Hello! How to determine whether a 5-storey building is legalized if nema dozvolu is written in the list of non-secrecy near several apartments? Does this mean that all other apartments are not legalized? How do I find out if there are chances of legalization? Where can I check it?
05.11.2023
Other objects in this region
21 of Mar, Friday 11:00
The Great St. Petersburg Real Estate Fair invites buyers and private investors interested in buying properties abroad to a foreign Real Estate Salon. The event will take place on March 21st and 23rd, 2025 at the Expoforum. 
