Things to watchout in Montenegro
Ownership papers: It’s imperative that you have a property’s papers checked for you. It’s common for properties to have several owners and it’s important that you know a property has clean titles and/or building permits before you buy, as well as to make sure ownership transaction is done right.
Access issues: Make sure you have legal access to any property you’re considering buying. Sub-divided properties sometimes share driveways and you need to be sure you have legal access to your property.
Building permits: Even though land and building costs are reasonably priced, get advice on the cost of building permits before you commit. The costs vary by location and are a significant part of the overall building cost
Stone ruins: The restoration of a beautiful stone ruin requires skilled craftsmen, which are expensive and impossible to estimate in advance. Don’t enter into a restoration project without consultation
Mortgages: Most likely you won’t be able to secure a mortgage at a local bank, you’ll have to do it in your home country