Čeluga Real Estate: A Mixed Montenegrin Market Under €300,000

There are no coordinates in our data for Čeluga, so the nearby links are fallback comparisons: Podgorica, Bar and Bečići. Check on the map how far each is from the specific property you like. Montenegro is small, so most places are within a couple of hours' drive, but coast and interior behave like separate markets.

Resale transfer tax is progressive since 1 January 2024: 3% to €150,000, 5% on €150,000 to €500,000, and 6% above that. Developers charge VAT on new builds in place of that tax. Foreigners can buy residential property but not agricultural land. Owning property can support a temporary residence application, though rules change, so verify with a local adviser. Montenegro uses the euro although it is not an EU member.

See our Montenegro buying guide, mortgage guide and the country overview.

A recurring issue in Montenegrin resale is the gap between what is registered and what is built. Extensions, terraces and additional floors may be unregistered, which can block a bank loan or later sale. Insist that your lawyer verifies the cadastre record, building permit and use permit before you pay anything above a small reservation deposit. If you buy a plot, confirm the spatial plan allows residential construction and that utilities can be connected at reasonable cost.