Frequently Asked Questions

A market value appraisal determines the most probable price at which a property — an apartment, a house or a plot of land — could be sold at a given moment between a willing buyer and a willing seller, taking into account both market conditions and the condition of the property itself.

Preparing a valuation report is a structured process designed to ensure maximum accuracy and legal validity. This is how we work in practice:

1. 1Document review – We analyse the property documents: the title deed (list nepokretnosti), the building permit and similar.
2. 2Site inspection and identification – We visit the property to inspect it in detail, take photographs and establish its actual condition, state of repair and build quality.
3. 3Market research and analysis – We collect data on comparable properties in the same location and analyse current market trends, achieved sale prices or rental levels.
4. 4Methodology and calculation – Based on the data collected, we choose the appropriate approach (market, income or cost) and carry out a precise calculation of value.
5. 5Official report – We prepare the final report in line with legal and professional standards and deliver it to you in printed or digital form.

Every report is prepared to current valuation standards and signed by a licensed appraiser. That is why our reports are accepted by banks, courts, insurance companies and tax authorities — wherever the credibility of the document matters most.

With every report you also get an explanation of how we arrived at the value, so you can make your decision with confidence.

We value apartments, houses, land, commercial premises and garages in Kotor, Tivat and Herceg Novi.

Once you contact us, we arrange a time to inspect the property, and we usually deliver the report within a few working days. We keep the process quick and simple, without unnecessary paperwork on your side.

To start, just tell us the type and location of the property and the purpose of the valuation. Other documents, such as the title deed (list nepokretnosti), we gather together with you.

The price depends on the type, size and location of the property and on the purpose of the valuation. Send us the basic details and you will receive a specific quote, with no obligation.

Yes. We use the information you entrust to us solely to prepare your report and never share it with third parties.

The report reflects market value on the valuation date. Banks and institutions usually require a report that is no older than six to twelve months, depending on their rules.

Drawing on many years of experience and market data gathered by analysing and tracking changes in the market, we deliver the most accurate valuation possible and help you make the right decision — when selling, buying or in a tax procedure.

Depending on its purpose, a valuation report is used when selling or buying, for tax assessment, in court, for a bank or for insurance. Our team of certified appraisers and tax advisors helps you make the right decision — whether you need help with a sale or purchase, or with tax returns and tax calculation.

A market value appraisal report is required to calculate the real estate transfer tax (porez na promet nepokretnosti). Since 2024 the tax has been progressive:

• up to €150,000 — 3%;
• €150,000 to €500,000 — €4,500 + 5% of the amount above €150,000;
• above €500,000 — €22,000 + 6% of the amount above €500,000.

We can complete and file the tax return and the required documents for you.

A valuation report is also needed to calculate the annual property tax. This tax is set by the municipality and ranges from 0.25% to 1% of market value, depending on the municipality and the type and location of the property, with relief for a property that is your main residence. We can complete and file the tax return and the required documents for you.