Is it profitable to buy housing from developers in Montenegro? - MonteGlobal

Is it profitable to buy housing from developers in Montenegro?

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The real estate market in the countries of the Adriatic coast attracts steady interest from foreign buyers, and Montenegro occupies a special place here. Due to its mild climate, picturesque nature and the status of an EU candidate country, real estate in this region has become not only a way to move, but also an attractive investment tool. One of the frequently discussed questions is: how profitable is it to purchase housing from developers?

Advantages of buying from a developer

  1. Modern construction and quality standards
    New residential complexes in Montenegro, especially in the coastal regions, are being built using modern technologies and materials. Many buildings are equipped with elevators, video surveillance, video doorbells, underground parking, thermal protection and solar panels. Interior decoration is often already included in the price and is made in a modern style.
  2. Flexible payment terms and installments
    Many developers offer buyers profitable step-by-step payment schemes. This is convenient for those who are not ready to invest the entire amount right away. When buying at an early stage of construction, you can fix the price, which is usually lower than the market price.
  3. Legal transparency
    Real estate companies, especially large and well-known ones, operate according to transparent schemes. The documents are executed in compliance with the law, and the transaction itself can be carried out through verified notaries and realtors.
  4. Cost increase after completion of construction
    At the start of construction, housing is usually 10-20 percent cheaper. After the facility is put into operation, its market value increases, which makes the purchase from the developer an attractive investment.
  5. Management company and rental service
    Some residential complexes offer subsequent property management, including rental. This allows the owner to receive passive income, even while outside the country.

What needs to be considered

  • Construction stage: It is possible to purchase at an early stage at a minimum price, but it is necessary to take into account the completion dates, possible delays and risks.
  • The reputation of the developer: it is important to study the company's previous projects, customer reviews and the availability of all permits.
  • Location: New buildings are often built in areas with developing infrastructure, and it is worth assessing the prospect of price increases in a particular location.
  • Additional expenses: despite the fact that the developer designs the object "turnkey", additional expenses may arise for furniture, appliances, purchase tax and notary services.

Output

Buying a home from a developer in Montenegro can be a profitable solution for both personal living and investment. This is especially true for those who are willing to wait for the completion of construction in order to get modern housing at a more affordable price. The main thing is to choose trusted construction companies, carefully study the contract and consult with lawyers or agents familiar with local practice.

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