Where is the entry threshold lower — Turkey or Montenegro?
Starting price for Turkey: from $80,000; Montenegro: from €100,000. The lower entry threshold is Turkey. But entry price is not the only factor — also look at transaction taxes and yield.
Two destinations for resort and investment property side by side — entry price, ownership, residency, taxes and yield. Yield figures are an estimate, not a guarantee.
Key parameters
Taxes
Turkey: Tapu harci (title deed transfer) 4%; VAT 1-20%; Emlak Vergisi (annual) 0,1-0,6%; Rental income tax 15-40% progressive; Capital gains tax 0-40%
Montenegro: Transfer tax (resale) 3%; VAT (new build) 21%; Registration + notary 0,5-2%; Annual property tax 0,1-1%; Rental income tax 9%; Tourist tax €100-500/year
FAQ
Starting price for Turkey: from $80,000; Montenegro: from €100,000. The lower entry threshold is Turkey. But entry price is not the only factor — also look at transaction taxes and yield.
Yield range for Turkey: 5-9% gross, short-term up to 8-12%; Montenegro: 5-9% long-term, 8-12% Airbnb. By the upper bound it is higher in Turkey. High yield is usually tied to resort short-term rentals and greater seasonality.
Turkey: FREEHOLD + citizenship by investment of $400K in 3-6 months. Montenegro: FREEHOLD + residence permit for any property purchase. This is the key fork — freehold is more secure than leasehold but is not available everywhere and is often limited by zones or property type.
Turkey — residency available from $400 000 (for citizenship) / $200 000 (for residence permit). Montenegro — residency available from €150,000 (in tourist zones from 2026). If the goal of the deal is resident status, this is the decisive factor.
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