Buying land in Montenegro:
pros and cons
(1)
Buying land, unlike buying real estate, does not entitle you to a residence permit. But as soon as you build an object on the plot and enter it in the register, you can apply for a residence permit.
(2)
An individual cannot buy a plot of land with an area of more than 5 thousand square meters. At the same time, a legal entity has the right to purchase land without size restrictions.
cons
(1)
the choice of land plots in Montenegro is great
And most importantly, you will be able to find a tidbit of land where you can not afford to buy already built real estate or where ready-made square meters are sold out at all.
land prices are, of course, lower than for ready-made real estate
(2)
In this case, the amount includes the obtained permission to build a house on the territory. The cost of the plot will depend on the distance from the sea, relief features, proximity of infrastructure, availability of communications.
build housing according to your own plans
(3)
You will be building a home based on your own plans, rather than trying to choose something similar to your ideal home from pre-made options. Building new is much easier than remodeling old.
on the pros of acquiring land
excellent investment opportunity
(4)
You choose the ideal location for your future hotel, apartment or villa for rent or sale.
ㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤA transaction for the sale and purchase of a land plot is similar to a transaction for the sale and purchase of real estate. However, there are a number of nuances: what is the intended purpose of the land plot (residential, hotel or commercial development), the permitted number of floors of construction, etc. Therefore, it is important not only to choose a plot based on your wishes, but also to check it according to all the indicators — for this purpose it is better to contact specialists.
A transaction for the sale and purchase of a land plot is similar to a transaction for the sale and purchase of real estate. However, there are a number of nuances: what is the intended purpose of the land plot (residential, hotel or commercial development), the permitted number of floors of construction, etc. Therefore, it is important not only to choose a plot based on your wishes, but also to check it according to all the indicators — for this purpose it is better to contact specialists.

Take a look at real estate catalog:

apartments, houses, land plots and commercial property

You also might be interested in buying a new apartment in Montenegro

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