# Montenegro Sotheby's International Realty

> The official Sotheby's International Realty affiliate for Montenegro. A real estate brokerage based in Porto Montenegro, Tivat, selling and letting luxury homes, villas, apartments and new developments on the Montenegrin coast — Porto Montenegro, Luštica Bay, Portonovi, the Bay of Kotor and the Budva Riviera. 406 active listings (719 including sold) as of this file's generation.

The office is independently owned and operated; the Sotheby's International Realty® brand is licensed by Sotheby's International Realty Affiliates LLC. Prices on listings are asking prices in EUR. Exact addresses of properties are not published; the office shares them with qualified buyers.

## Contact

- Office: Regent Pool Club Residences, Baia Building, Obala BB, 85320 Tivat, Montenegro
- Phone: +382 67 310 006, +382 67 681 000
- Email: info@sothebysrealty.me
- Hours: Monday–Friday 09:00–18:00 (CET); weekends by appointment
- Languages spoken by the team: English, Serbian/Montenegrin (website available in English, German, Russian, Turkish, Arabic and Serbian)
- Sotheby's International Realty directory: https://www.sothebysrealty.com/eng/office/180-b-85553-e5d19fb9-69fe-4be1-89b1-5d2261b78c5e/montenegro-sothebys-international-realty
- Google Maps (Montenegro Sotheby's Realty): https://www.google.com/maps?cid=9173173319752961426

## Agency and legal

- Legal entity: Luxury Properties DOO, Tivat, Montenegro
- [Sold properties](https://sothebysrealty.me/sold/): 313 properties from the catalogue marked as sold, by location

## Destinations

- [Bay of Kotor Luxury Real Estate](https://sothebysrealty.me/bay-of-kotor/): 163 active listings (sale and rent)
- [Porto Montenegro Luxury Real Estate](https://sothebysrealty.me/porto-montenegro/): 49 active listings (sale and rent)
- [Budva Riviera Luxury Real Estate](https://sothebysrealty.me/budva-riviera/): 101 active listings (sale and rent)
- [Luštica Bay Luxury Real Estate](https://sothebysrealty.me/lustica-bay/): 27 active listings (sale and rent)
- [Portonovi](https://sothebysrealty.me/portonovi/): 11 active listings (sale and rent)
- [Waterfront Properties](https://sothebysrealty.me/waterfront-properties/): 100 active listings (sale and rent)
- [Villas](https://sothebysrealty.me/villas/): 157 active listings (sale and rent)

## Towns and cities

- [Property for Sale in Tivat](https://sothebysrealty.me/tivat/): 124 active listings for sale — [apartments in Tivat](https://sothebysrealty.me/apartments/tivat/) (94), [villas in Tivat](https://sothebysrealty.me/villas/tivat/) (23), [houses in Tivat](https://sothebysrealty.me/houses/tivat/) (13)
- [Property for Sale in Budva](https://sothebysrealty.me/budva/): 96 active listings for sale — [apartments in Budva](https://sothebysrealty.me/apartments/budva/) (47), [villas in Budva](https://sothebysrealty.me/villas/budva/) (44), [houses in Budva](https://sothebysrealty.me/houses/budva/) (14)
- [Property for Sale in Kotor](https://sothebysrealty.me/kotor/): 59 active listings for sale — [villas in Kotor](https://sothebysrealty.me/villas/kotor/) (33), [apartments in Kotor](https://sothebysrealty.me/apartments/kotor/) (15), [houses in Kotor](https://sothebysrealty.me/houses/kotor/) (14)
- [Property for Sale in Herceg Novi](https://sothebysrealty.me/herceg-novi/): 46 active listings for sale — [villas in Herceg Novi](https://sothebysrealty.me/villas/herceg-novi/) (27), [apartments in Herceg Novi](https://sothebysrealty.me/apartments/herceg-novi/) (15), [houses in Herceg Novi](https://sothebysrealty.me/houses/herceg-novi/) (10)
- [Property for Sale in Podgorica](https://sothebysrealty.me/podgorica/): 15 active listings for sale — [apartments in Podgorica](https://sothebysrealty.me/apartments/podgorica/) (8), [villas in Podgorica](https://sothebysrealty.me/villas/podgorica/) (5), [houses in Podgorica](https://sothebysrealty.me/houses/podgorica/) (3)
- [Property for Sale in Bar](https://sothebysrealty.me/bar/): 9 active listings for sale — [villas in Bar](https://sothebysrealty.me/villas/bar/) (6), [houses in Bar](https://sothebysrealty.me/houses/bar/) (2)
- [Property for Sale in Kolašin](https://sothebysrealty.me/kolasin/): 8 active listings for sale — [apartments in Kolašin](https://sothebysrealty.me/apartments/kolasin/) (7)
- [Property for Sale in Ulcinj](https://sothebysrealty.me/ulcinj/): 4 active listings for sale — [apartments in Ulcinj](https://sothebysrealty.me/apartments/ulcinj/) (4)

## Services

- [Investment Consultancy in Montenegro](https://sothebysrealty.me/investment-consultancy/): Market intelligence, tax and legal structuring and residency advisory for private and institutional investors in Montenegro real estate.
- [New Development Sales](https://sothebysrealty.me/new-development-sales/): Pre-launch strategy, global syndication and dedicated on-site sales teams for new residential and resort developments in Montenegro.
- [Luxury Rentals in Montenegro](https://sothebysrealty.me/luxury-rentals/): Long-term lettings and property management in Montenegro: tenant placement, leases that protect the owner and correct rental pricing.
- [Sell Your Property with Sotheby's International Realty](https://sothebysrealty.me/sell-with-us/): List your home, villa or apartment with Montenegro Sotheby's International Realty and reach qualified buyers in Montenegro and abroad.

## Buyer guides

- [Buying Property in Montenegro as a Foreigner: Legal Process Step by Step](https://sothebysrealty.me/guides/buying-property-in-montenegro-as-a-foreigner/): How foreigners buy property in Montenegro: ownership rights and restrictions, due diligence, pre-contract, notarised sale contract, payment and registration in the Real Estate Cadastre.
- [Montenegro Real Estate Taxation: Transfer Tax, VAT, Property Tax and Rental Income](https://sothebysrealty.me/guides/montenegro-real-estate-taxation/): Montenegro property taxes explained: progressive 3–6% transfer tax with worked examples, 21% VAT on new builds, annual property tax of 0.25–1%, 15% tax on rental income and capital gains, company vs individual ownership.
- [Residency in Montenegro by Real Estate Purchase: Criteria and Renewal](https://sothebysrealty.me/guides/residency-by-real-estate-purchase/): Temporary residence in Montenegro based on property ownership: the €150,000 minimum value from 17 January 2026, who is exempt, validity, renewal deadlines and what the permit does not allow.
- [Montenegro Luxury Real Estate Market 2026: Asking Prices by Destination](https://sothebysrealty.me/guides/montenegro-luxury-real-estate-market-2026/): Median asking prices and price per m² for Porto Montenegro, Luštica Bay, Portonovi, the Bay of Kotor and the Budva Riviera, from the live catalogue of Montenegro Sotheby's International Realty, with market commentary by Niko Laković.
- [Moving to Montenegro: Residence, Retirement, Taxes and Everyday Life](https://sothebysrealty.me/guides/moving-to-montenegro/): How to move to or retire in Montenegro: visa-free stays, temporary residence through property (€150,000), the digital nomad permit, income tax, health insurance, banking and where to live.
- [Cost of Living in Montenegro 2026: Monthly Budget, Rent and Prices by Town](https://sothebysrealty.me/guides/cost-of-living-in-montenegro/): What it costs to live in Montenegro in 2026: about €615 a month for a single person and €2,223 for a family of four before rent, rents in Budva, Tivat, Kotor and Podgorica, and everyday prices.
- [Can Americans, Britons, Germans and Other Foreigners Buy Property in Montenegro?](https://sothebysrealty.me/guides/buying-property-in-montenegro-by-nationality/): Yes — foreign individuals and companies can own apartments, houses and building land in Montenegro on the same terms as citizens. What differs by nationality: visa-free stay, tax treaties and paperwork. US, UK, EU, Canada, Australia and Middle East buyers.
- [Can You Pay Cash for Property in Montenegro?](https://sothebysrealty.me/guides/can-you-pay-cash-for-property-in-montenegro/): No. Since 8 May 2026 any payment of €10,000 or more for property in Montenegro must be made by bank transfer, with at least one party using a Montenegrin bank account.
- [Do You Need a Montenegrin Bank Account to Buy Property?](https://sothebysrealty.me/guides/do-you-need-a-montenegrin-bank-account-to-buy-property/): Since May 2026 at least one party to a property sale of €10,000 or more must use a bank account in Montenegro. If the seller has one, you can pay from abroad; many buyers open their own.
- [What Are the Costs of Buying Property in Montenegro?](https://sothebysrealty.me/guides/costs-of-buying-property-in-montenegro/): Buyer's costs in Montenegro: transfer tax of 3–6% on resale (or 21% VAT included in a new-build price), notary and cadastre fees, lawyer and agency fees, then annual property tax of 0.25–1%.
- [Is There an Annual Property Tax in Montenegro?](https://sothebysrealty.me/guides/annual-property-tax-in-montenegro/): Yes. Owners in Montenegro pay annual property tax of 0.25% to 1% of market value, set by the municipality and paid in two instalments.
- [Can Foreigners Buy Land in Montenegro?](https://sothebysrealty.me/guides/can-foreigners-buy-land-in-montenegro/): Foreigners can buy construction (building) land in Montenegro on the same terms as citizens. Agricultural land, forests, land within 1 km of the border and islands cannot be owned directly.
- [Do You Need a Visa or Residence to Buy Property in Montenegro?](https://sothebysrealty.me/guides/do-you-need-a-visa-to-buy-property-in-montenegro/): No visa or residence permit is needed to buy property in Montenegro. You can even buy remotely through a power of attorney; owning property worth €150,000+ can later support a residence permit.
- [What Is a Title Sheet (List Nepokretnosti) in Montenegro?](https://sothebysrealty.me/guides/what-is-a-title-sheet-list-nepokretnosti/): The list nepokretnosti is the extract from Montenegro's Real Estate Cadastre: owner, area and all rights over a property — mortgages, easements, pre-emption rights. It is the first check in every purchase.
- [What Does the Notary Do When You Buy Property in Montenegro?](https://sothebysrealty.me/guides/role-of-the-notary-in-a-montenegro-property-purchase/): In Montenegro the sale contract is signed before a notary for the area where the property is. The notary certifies the contract and usually files it with the cadastre; you become owner on registration.
- [Should You Buy Property in Montenegro Through a Company?](https://sothebysrealty.me/guides/buying-property-in-montenegro-through-a-company/): A Montenegrin company, even fully foreign-owned, can own land foreigners cannot hold directly and pays 9–15% corporate tax — but adds accounting and a second tax on dividends.
- [Is It Safe to Buy Property in Montenegro?](https://sothebysrealty.me/guides/is-it-safe-to-buy-property-in-montenegro/): Yes, with the usual checks: foreigners have the same ownership rights as citizens, the cadastre is public and contracts are notarised. The real risks are unregistered buildings, missing permits and encumbrances.
- [How to Choose a Real Estate Agency in Montenegro: What to Check Before You Sign](https://sothebysrealty.me/guides/how-to-choose-a-real-estate-agency-in-montenegro/): How to choose a real estate agent in Montenegro: the written contract the law requires, who pays the commission and when, title checks and red flags.

## Key pages

- [FAQs](https://sothebysrealty.me/faqs/): buying process, taxes, legal framework and residency for foreign buyers
- [Why Montenegro?](https://sothebysrealty.me/why-montenegro/): the case for owning property in Montenegro
- [Montenegro Real Estate Sale](https://sothebysrealty.me/montenegro-real-estate-sale/): all properties for sale
- [Rentals](https://sothebysrealty.me/rentals/): properties for rent
- [Blog](https://sothebysrealty.me/real-estate-investment-blog-list/): market articles and buyer guides
- [About us](https://sothebysrealty.me/about-us-niko-lakovic-hunter-milborne/): the team and the office
- [Niko Laković](https://sothebysrealty.me/niko-lakovic/): Managing Partner and CEO — profile, contact, articles and press
- [Contact](https://sothebysrealty.me/contact/): office address, phones and enquiry form

## Languages

The site is available in six languages; each page links to its translations (hreflang).

- English: https://sothebysrealty.me/
- German: https://sothebysrealty.me/de/
- Russian: https://sothebysrealty.me/ru/
- Turkish: https://sothebysrealty.me/tr/
- Arabic: https://sothebysrealty.me/ar/
- Serbian: https://sothebysrealty.me/sr-rs/

## Optional

- [Property map by location](https://sothebysrealty.me/map/): every place in Montenegro where the office has listings, with counts and price ranges
- [Sitemap index](https://sothebysrealty.me/sitemap_index.xml)
- [Asking-price dataset by zone (JSON)](https://sothebysrealty.me/api/market.json)
- [Full reference: company facts, market figures and all Q&A (text)](https://sothebysrealty.me/llms-full.txt)