What does owning a home in Montenegro cost each year?
Enter the home's value, size and how you will use it to see the yearly taxes and running costs. Every rate comes from our reviewed country data.
Your yearly costs
Property value (EUR): €200,000 · Usable area (m²): 70 · Second home, not let
- Property tax: €500 – €2,000 Set by each municipality between 0.25% and 1% of the assessed value; coastal municipalities tend to be at the higher end.
- Building fees: Varies Apartments in complexes with a pool, lifts or security pay monthly maintenance; ask for last year's figures before you buy.
- Insurance: Varies Not mandatory in most places, but sensible on the coast and in earthquake zones; get a quote.
Yearly total: €500 – €2,000 · About €42 – €167 a month
Lines marked "varies" are not in the total.
An estimate from published rates, not tax advice. Local rates, double taxation treaties and your own situation can change the figures; confirm with a local accountant.
Homes for sale in Montenegro · Read the full Montenegro buying guide · Buying costs in Montenegro · Compare another country
Questions about owning a home in Montenegro
How much is property tax in Montenegro?
Each municipality sets it between 0.25% and 1% of the assessed value; coastal municipalities are usually higher.
How is rental income taxed in Montenegro?
At a flat 15%; a standard deduction may apply.