Krašići, Montenegro: Houses and Land by the Bay of Kotor

The Bay of Kotor is a UNESCO-listed coastline of steep mountains and old stone towns, and this stretch is close to Tivat, where the airport and a large yacht marina are the main economic drivers. Tivat airport offers seasonal flights to many European cities, which makes the area practical for holiday-home owners. Summer is busy and prices are driven by sea views and distance from the water.

Other markets in our data are Bečići, a beach resort near Budva, Bar further south and Podgorica, the capital inland. They are separate markets, not neighbours.

Foreign individuals can buy residential property, though agricultural land and some border or protected zones are restricted. Check that the plot is classified correctly and that building permits and legalisation are in order, because unlegalised extensions are a known risk. Property transfer tax is 3% to 6% (progressive by price) and is usually paid by the buyer, plus notary, legal and agency costs. Verify current rates locally.

Buying property can support an application for temporary residence. Read our Montenegro buying guide, financing page and Montenegro overview.