Can Foreigners Buy Land in Montenegro?

Montenegro is becoming an increasingly attractive destination for foreign investors and individuals looking to build a home, start a tourism project, or simply own a piece of land in a beautiful Mediterranean country. One of the most common questions we receive at Crassula Estate is:

"Can foreigners legally buy land in Montenegro?"

The answer is yes, but with some limitations.

What Can Foreigners Buy?

Foreign nationals can freely purchase:

apartments and residential units
houses with yards
commercial real estate
urban (construction) land through a registered company in Montenegro

However, foreigners cannot directly purchase agricultural or forest land as private individuals.

What Are the Limitations?

According to Montenegro’s Law on Property Ownership, foreign individuals can own real estate and urban (construction) land. However, they cannot own agricultural land, forests, or forest land directly as private persons.

There is a practical solution to this.

How Can Foreigners Buy Land Legally?

The most common solution is to establish a company in Montenegro, such as a DOO (limited liability company). Through this company, as a legal entity, a foreigner can:

purchase agricultural or forest land
invest in development projects such as tourism complexes or eco-villages
later apply for re-zoning if permitted by urban planning

Setting up a company is straightforward, and Crassula Estate provides full legal and administrative support through the entire process.

What Else Should You Know?

Before making a purchase, it is important to:

check the zoning status and land classification in the real estate cadastre
request urban planning information from the local municipality
work with a qualified legal advisor (our team is here to help)
be aware of the ongoing obligations if buying through a company, such as accounting and annual taxes

Conclusion

Buying land in Montenegro is possible for foreigners. Urban land and residential properties can be purchased without restriction. For agricultural or forest land, it is necessary to establish a company in Montenegro.

If you are considering a specific property or have questions about the process, feel free to contact us. Our team is here to guide you every step of the way.

Contact Information:
Phone: +382 68 818 801
Email: contact@crassulaestate.me
Website: www.crassulaestate.me
Location: Budva, Montenegro