Montenegro Property Transfer Tax Calculator
By Ana Pajkovic, independent property advisor · Updated July 2026
On a resale home, transfer tax is the single biggest cost of buying in Montenegro, and it is progressive, so the headline rate is not what you actually pay. Enter a price for the exact figure, broken down bracket by bracket.
In short: resale property in Montenegro pays a progressive transfer tax of 3% on the value up to €150,000, 5% from €150,000 to €500,000, and 6% above €500,000. A €600,000 home pays €28,000 (an effective 4.67%). The buyer pays it, and new-builds bought directly from a developer are exempt — 21% VAT applies instead.
Estimate your transfer tax
How this breaks down
| Band | Rate | Amount taxed | Tax |
|---|---|---|---|
| Up to €150,000 | 3% | €150,000 | €4,500 |
| €150,000 – €500,000 | 5% | €350,000 | €17,500 |
| Above €500,000 | 6% | €100,000 | €6,000 |
| Total | €600,000 | €28,000 | |
Progressive brackets: 3% up to €150,000 · 5% on €150,000–€500,000 · 6% above €500,000. The buyer pays, settled around completion through the notary.
How Montenegro's transfer tax works
Since the reform aligning Montenegro with EU standards, resale property transfer tax is charged in bands rather than as one flat rate. Each slice of the price is taxed at its own rate, so only the portion above each threshold pays the higher percentage:
| Portion of price | Rate |
|---|---|
| Up to €150,000 | 3% |
| €150,000 – €500,000 | 5% |
| Above €500,000 | 6% |
A worked example on a €600,000 resale home: 3% of the first €150,000 is €4,500, plus 5% of the next €350,000 is €17,500, plus 6% of the final €100,000 is €6,000. Total: €28,000, or an effective 4.67% of the price. A useful shortcut above €500,000: it is €22,000 flat, then €3,000 more for every extra €50,000.
New-build is different. Buying the first sale of a newly built unit directly from a developer triggers 21% VAT instead of transfer tax, and that VAT is already inside the developer's price. There is no separate transfer tax on a new-build first sale, which is why the calculator returns zero when you switch to that mode.
Transfer tax at common price points
| Purchase price | Transfer tax | Effective rate |
|---|---|---|
| €150,000 | €4,500 | 3.00% |
| €250,000 | €9,500 | 3.80% |
| €400,000 | €17,000 | 4.25% |
| €500,000 | €22,000 | 4.40% |
| €600,000 | €28,000 | 4.67% |
| €700,000 | €34,000 | 4.86% |
| €1,000,000 | €52,000 | 5.20% |
Frequently asked questions
How much is property transfer tax in Montenegro?+
For a resale property it is progressive: 3% on the value up to €150,000, 5% on the portion from €150,000 to €500,000, and 6% on anything above €500,000. A €600,000 home pays €28,000, an effective rate of 4.67%.
Who pays the transfer tax, the buyer or the seller?+
The buyer pays it. It is settled around completion, as part of the notary and municipal process.
Do you pay transfer tax on a new-build from a developer?+
No. The first sale of a newly built unit directly from a developer is subject to 21% VAT instead of transfer tax, and that VAT is already included in the developer's price. There is no separate transfer tax on a new-build first sale.
How is the tax calculated on a €600,000 property?+
3% of the first €150,000 is €4,500; 5% of the next €350,000 is €17,500; 6% of the final €100,000 is €6,000. Total transfer tax is €28,000.
Is transfer tax the only cost when buying?+
No. On a resale purchase you should also budget for legal fees of around 1% plus notary and registration costs. There is no buyer's agent commission in Montenegro. This calculator covers the transfer tax only — see the full buying guide for the complete cost picture.
Related guides
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Book a 15-minute call with meThis calculator is an estimate for the real estate transfer tax on resale property in Montenegro and does not constitute tax or legal advice. Rates and thresholds can change, and individual transactions vary. Confirm final figures with a Montenegrin notary or lawyer before committing.