Sold price and market data

Member since 25 August 2019

KellyyamMember07 September 2019 01:20:04

Dear all,
I want to buy a property in Kotor or Herceg Novi area but cannot find any official data on sold price and number of transactions. The Monstat data is remotely useful for buyers.
I also want a property agent referral. A person not a company or website.

Any advice?
Kelly

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Graham & Anja Member

Member since 29 December 2017

Graham & AnjaMember04 November 2019 14:40:00

A lot of people sell privately because some of the agents value property without any skill of valuation. Normally it’s a price per metre. *** Good luck with your search

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realdealmontenegro Member

Member since 19 November 2020

realdealmontenegroMember19 November 2020 10:52:25

Hello Kelly,
Did you make your move to Montenegro?
If yes, who did you contact for help?
Best regards,
Andro

Tsarine Serial expat

Member since 11 March 2010

TsarineSerial expat19 November 2020 16:20:04

440

I also want a property agent referral. A person not a company or website.

What is a "property agent referral"?
If you are looking for a "buyer's agent" you're usually better off with a company, although even some companies do not have the sufficient knowledge (there are no real estate agent licences in MN) so I shouldn't expect much more from "private individual / agents" either...

Monstat is the only official institution doing market research on the prices of sold properties. Every year they send us (property developers) a form to fill with the units sold and their prices.
Any other research is most probably biaised, and I've seen several done by real estate agencies / consulting firms which are not reflecting the realty. Monstat should have what you're looking for.

Alina_Montenegro New member

Member since 24 November 2020

Alina_MontenegroNew member24 November 2020 14:45:25

Dear Kelly!
Please, be careful with the real estate in Montenegro and ask for help only reliable people and companies. Here in Montenegro every single person can tell you that he or their relaties are selling smth.

The prices differ from the location, property condition, legalization process etc.
I have experience as if I am working with it, so I would be pleased to help you.
You may contact me for any question.

Kind regards,
Alina