Why buy property abroad before retirement

Retirement is an important stage in everyone's life and requires careful planning and a number of financial decisions. One of the key aspects of preparing for retirement is purchasing real estate, which can provide a reliable source of income and a comfortable place to live during your retirement years.

The choice of property before retirement should be based on a number of factors, such as location, infrastructure, house prices, potential for rental or resale, and personal preferences and needs. It is important to take into account not only the current conditions of the real estate market, but also the forecasts for the development of the area or city in order to make a profitable investment.

In this article we will tell you what advantages you get when purchasing housing abroad, where and how it is cheapest to buy a house or apartment in Europe.

Benefits of buying property abroad before retirement

Buying property abroad before retirement is a decision that can bring many benefits and pleasures in the future. No matter what age you are, purchasing a home in another country can be a great investment move and provide you with a comfortable and bright future. Let's look at a few reasons why you should consider investing before you retire.

Purchasing real estate abroad provides the following opportunities:

1. Diversify your investment portfolio. Investing in foreign real estate can be an excellent way to protect against inflation and fluctuations in the national currency. In addition, housing prices abroad may be more affordable than in your home country, making this an attractive investment.

2. Provide yourself with a comfortable place to relax and spend time after retirement. For example, a cozy apartment on the Mediterranean coast or a stylish house in a quiet mountain town is an ideal place for rest and relaxation.

3. Obtaining additional income. If you do not plan to live permanently abroad, you can rent out your property and receive a stable income. Tourist season, long-term rental or short-term rental through real estate agency websites - all this can bring additional funds that will be useful in retirement.

It can also be a great way to keep you and your family safe in the event of instability or crisis in your country. Having a backup option for housing in another country is a way to protect yourself and your loved ones from various surprises.

Our agency GoMonte will help you buy foreign real estate without commission: on our website you will find apartments, houses, villas in Montenegro: gomonte.me

Which country is the best for retirees?

Montenegro is considered one of the best countries in Europe to live in retirement. It has a rich history, culture and diverse opportunities, mild climate, warm winters, good service and medicine. Below we look at the 5 best countries in Europe for retirees, including Montenegro, and the benefits they offer.

1. Spain - here retirees can enjoy a warm climate, rich culture, and delicious food.

2. Portugal - there are many attractions and friendly people, a mild climate and affordable prices.

3. France - with a rich history, exquisite cuisine and beautiful landscapes. For pensioners, various social support programs are available here, as well as high quality medical care.

4. Italy is a country where retirees can enjoy excellent cuisine, rich history and cultural heritage.

5. Montenegro is one of the most popular countries for retirement living in Europe, combining picturesque landscapes, clean air and a calm atmosphere. Affordable housing and housing taxes are cheaper here than in all European countries, friendly people and excellent infrastructure. In addition, there is a mild climate, varied opportunities for active recreation, and a large selection of cultural events and entertainment.

All of these countries offer unique benefits for retirees, from affordable housing and high-quality health care to cultural opportunities and a variety of recreational activities.

Read more about moving to Montenegro in our articles: Interviews and reviews about immigration, Prices for goods and services, Top cities for moving.

Where to buy cheap property abroad

Montenegro is one of the most attractive places in Europe where you can buy cheap housing. This small country on the Balkan Peninsula has stunning nature, clear sea, picturesque mountains and cozy towns. But what makes buying property here especially attractive? Let's figure it out.

1. Prices are relatively low compared to other European countries. You can buy an apartment or house by the sea for much less than in Spain, Italy or France. This makes the country an attractive investment destination for both holidays and permanent residence.

2. A variety of options - from apartments on the seashore to secluded villas in the mountains. You can choose accommodation that suits your needs and budget. In addition, many properties have stunning sea or mountain views.

3. The procedure for purchasing real estate in Montenegro is quite simple and transparent. The country's real estate laws protect the rights and interests of both local residents and foreign investors. In addition, the process of obtaining a residence permit based on the purchase of real estate for foreigners is quite simple and fast.

4. Purchasing ownership of a property on the Adriatic coast can be an excellent way to invest funds. A steadily growing tourism sector, unique nature and varied opportunities for active recreation make this country attractive to both tourists and investors. Therefore, investing here will bring good income in the future.

Buying an apartment abroad inexpensively and without commission, making new friends, watching stunning sunsets to the sound of the waves, or buying a small house with a garden and creating a bright place to live and relax - all this is reality and our specialists are ready to help you with this. 

See the catalog of inexpensive real estate in Montenegro: gomonte.me

How to buy real estate in Montenegro for a foreigner: step-by-step instructions

1. Select a country and an object based on your goals: investment, relocation, vacation.
2. Study: prices, location, infrastructure, reviews.
3. Find a lawyer specializing in foreign real estate and speaking Russian
4. Before entering into a deal, check the legal frequency
5. Make an offer indicating the price and conditions.
6. Make a deposit.
7. Sign the contract with a notary and pay for the property.
8. Register the contract and receive ownership

Consider the costs:

• Legal services: 2-3% of the cost of the property.
• Notary services: 1-2% of the cost of the object.
• State duties: 0.5-1% of the cost of the object.
• Taxes: real estate tax, inheritance tax.

Payment:

• Through a bank or payment system.
• In compliance with exchange control.
• Some merchants and agencies accept cryptocurrency.

  Buying foreign real estate is not only a profitable investment, but also an opportunity to obtain a residence permit.

Read more about obtaining a residence permit here: gomonte.me/services/residence-permit

If you want to buy property in Montenegro, follow these rules. Or contact our specialists for advice. Our website has a large catalog of real estate; payment in different currencies is possible: rubles, hryvnia, cryptocurrency. See all offers here: https://gomonte.me/

We wish you a good choice!

The best website for foreign real estate gomonte.me