Property in Boka Kotorska
 

 

LEGALLY ESTABLISH OWNERSHIP OF THE PROPERTY / PROPERTIES

   
 

1. Ensure the solicitor has a copy of your passport. All parties buying the property irrespective of their percentage share must ensure their solicitor has a copy of their passport so that the written contract can be drawn up.

   
 

2. Transfer any outstanding balance, 2% property tax plus approximately €800 to your Montenegrin bank account. Allow up to €800 for legal, court, translation and incidental costs. If authorising a power of attorney these costs should be itemised and any surplus monies refunded

 

 

 

3. Authorise your solicitor to draw up the written contract on behalf of the buyer and seller or their authorised representatives.
a) The company solicitor will ensure the legal transfers of property ownership and land registration, officiated within the court and inclusive of written translation costs.

   
  4. Return to Montenegro before the agreed date to sign, transfer monies and exchange contracts officiated by the court
   
 
 
Reference Code: Tivat_05_a/h_I
Price: €40,000
Location: Tivat, Boka Kotorska
Bedrooms None
   
REMEMBER: You can build on the existing footprint of a ruin without planning permission