Apartment in a house under construction
to buy or not to buy?
ㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤWith the growing demand for real estate in Montenegro began active construction of housing. The quality of construction is improving every year, and today real estate in Montenegro from the developer is modern housing that meets high European standards.
With the growing demand for real estate in Montenegro began active construction of housing. The quality of construction is improving every year, and today real estate in Montenegro from the developer is modern housing that meets high European standards.
(1)
You have to wait for the construction to be finished before you move in
(2)
In neighborhoods under construction, infrastructure may not yet be developed
cons
(1)
New house, built in compliance with the requirements of earthquake resistance, quality insulation of the house, new communications
pros
(3)
Advantageous price, often with the possibility of making installments
Almost all new buildings are delivered with repairs from the builder, which has a warranty.
(4)
3% tax exemption when buying real estate directly from the developer
(2)
(5)
High rental potential
(6)
The prospect of making money on the sale of the apartment after the construction is completed
(1)
Despite the fact that there is virtually no bank lending in Montenegro, there are few long-buildings — in the classic Russian sense — here. Developers do everything with their own money, so they calculate it so that there is enough to last until the end of the construction. If finances for any reason prove insufficient, developers actively use barter: they give the contractor some space in the future house.
(2)
The conclusion of the sale and purchase agreement takes place at notaries appointed by the Ministry of Justice. The document is sent to the electronic cadastral register for registration. At the start of the process, a note is made in the cadastre that the transaction for the apartment has started. This makes it impossible to sell the same apartment for a second time.
minimal risks

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