In this article, we will explain step by step how real estate buying and selling transactions are done in Montenegro, the rapidly growing country of recent times.

You have made all the agreements to buy real estate in Montenegro, now it's time for the most important part, the title deed transfer process.

In general, sales transactions take place as follows;

Sales transactions are carried out at Notaries accompanied by a Sworn Translator! First of all, a certain deposit is given to the real estate owner and this is definitely stated in the contract. The notary checks the title deed for debt, whether there is a foreclosure blockage and blocks the title deed for this sale transaction, for example, in the contract, 8000 € is agreed for a house, 8000 € deposit is given and the remaining 72000 € is in the name of the owner of the title ........ It is written that it will be sent to the bank account within 20 days.

When you send the payment to that account, you notify the Notary and now the title deed passes to you, and it takes about 1 month for the deed to come out after the sale.

Here, if you wish, you can make a notary intermediary with a reasonable fee of 50 - 100 €, in this case you send the money to the notary, the notary delivers it to the seller and the transaction is much safer.