Property
Real Estate Transfer Tax
Real estate transfer tax in Montenegro. Progressive rates 3/5/6%, first home exemptions, annual property tax.
15-30 days
3-6% of property value
6 steps
Procedure
The purchase agreement for real estate must be executed as a notarial act. The notary certifies the agreement and registers it.
Buyer / seller / notary1 day
Purchase agreement (notarial act)Personal documents of buyer and sellerProperty certificate
Required Documents
- PR-PPN form (real estate transfer tax declaration)
- Purchase agreement (notarial act)
- Property certificate (cadastre extract)
- Personal documents of buyer and seller
Legal Basis
- Law on Real Estate Transfer Tax (Zakon o porezu na promet nepokretnosti)
- Law on Real Estate Tax (Zakon o porezu na nepokretnosti)
- Law on Cadastre (Zakon o katastru)
Competent Institutions
- Tax Administration of Montenegro
Tax calculation and collection
- eUprava
Electronic filing
- Cadastre Administration
Ownership registration
Progressive transfer tax rates (2026)
| Property value | Rate |
|---|---|
| Up to €150,000 | 3% |
| €150,000 — €500,000 | 5% |
| Over €500,000 | 6% |
Annual property tax
| Type | Rate |
|---|---|
| Residential properties | 0.1% — 0.5% (local) |
| Commercial properties | 0.2% — 1% (local) |
| Land | 0.1% — 0.8% (local) |
Additional notes
Exemptions: first home purchase for housing needs (up to 25m² per household member), inheritance in the first line, exchange of real estate of equal value.
Annual property tax: paid quarterly, the rate depends on the municipality and property type (0.1% to 1%).