Payments & Phasing

A reservation deposit of €10,000 is required to take your required apartment off the market.

Once the full building licence is received by V&K Montenegro DOO, the next step is to sign the full sales contract, which is a detailed agreement specifying standard and size of finished units, delivery times and payment phasing. This legal document needs to be signed in a Montenegrin court either by the buyer or their representative (we can prepare the paperwork so that you can appoint a representative to sign on your behalf).

We must ask that you sign the full sales contract within 30 days of it being made available. In the unlikely event that the project does not go ahead, deposits and received funds will be returned in full.

There are four staged payments throughout the construction period of the development:

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