Contact
Rental Management · Montenegro

Your property, perfectly kept.
Your time, untouched.

Most of the owners we serve are not in Montenegro. Some wish only for a tenant found and a contract signed; others prefer to hear from us once a year, when the income arrives. Three levels of service — you choose how much remains on your desk.

The Principle

Three levels. One decision.

The difference between our services is not the length of the list. It is how much of the property remains your responsibility — and how much of it becomes ours.

You keep controlWe handle everything
I Tenant Placement We find the tenant and draft the contract. From signing, the tenancy is yours.
II Full Management We run the tenancy month to month. Your income moves with occupancy.
III Guaranteed Income We take the property on, costs and vacancy included. You receive a fixed return.
The Services

What each level includes

Option I

Tenant Placement

One month's rent per contract · per renewal

For owners present in Montenegro often enough to run a tenancy themselves — or who already have someone who does.

  • Rental valuation and pricing counsel
  • Marketing across our site, portals and private database
  • Viewings arranged and conducted
  • Tenant screening and references
  • Lease drafted under Montenegrin law
  • Signing coordinated, notarised where required
  • Handover with written inventory and meter readings

From signing and handover, rent collection, maintenance and tenant contact rest with you. Commercial premises let beyond twelve months are charged at 10% of the total contract value in place of one month's rent.

Option II

Full Management

One month's rent, then 15% of rent collected placement fee · then monthly

For owners abroad who want the property to run without them, and accept that income follows occupancy.

  • Everything in Option I
  • Rent collected and transferred to your account
  • Arrears pursued, formal reminders issued
  • A single point of contact for the tenant
  • Routine and emergency repairs arranged
  • Contractors selected and supervised
  • Periodic inspections and condition reports
  • Utilities, service charges and meters monitored
  • Renewals, indexation and notices handled
  • Check-out, deposit settlement, re-letting

The 15% is charged only on rent actually collected. Maintenance and services are billed at cost against invoices — no mark-up — and anything above an agreed threshold requires your approval first.

Option III · Residential only

Guaranteed Income

3–4% net, guaranteed paid annually · occupied or not

For investment owners who prefer a figure they can rely on to a yield they must chase.

  • Everything in Options I and II
  • All maintenance, repairs and upkeep
  • Utility bills and building service charges
  • Furnishing, replacement and refurbishment
  • All marketing costs
  • Vacancy risk carried by us
  • Non-payment risk carried by us
  • Agreed days each year for your own use

The rate is fixed per property before signing — determined by location, size, condition, furnishing standard and contract length. It is calculated on the price you paid if you purchased through us, or on a valuation we prepare and you accept. Property tax, building insurance and tax on the income received remain with you.

Side by Side

The three, compared

  ITenant Placement IIFull Management IIIGuaranteed Income
Eligible propertiesResidential & commercialResidential & commercialResidential only
Marketing & tenant sourcingYesYesYes
Tenant screeningYesYesYes
Contract drafting & signingYesYesYes
Handover & inventoryYesYesYes
Monthly rent collectionNoYesNot applicable
Tenant communicationNoYesYes
Maintenance coordinationNoYesYes
Cost of maintenanceOwnerOwner, at costViolet Investment
Property taxOwnerOwnerOwner
Income when vacantNoneNoneGuaranteed
Our fee1 month's rent, per contract & renewal1 month's rent, then 15% of rent collectedYou receive 3–4% net per year
Clear From the Start

Who pays for what

Under Option III, where we carry the running of the property, the division deserves to be set out plainly.

We cover

  • Maintenance, repairs and upkeep
  • Utility bills and building service charges
  • Furniture and equipment replacement
  • Marketing and re-letting
  • Periods when the property sits empty
  • Rent a tenant fails to pay

You cover

  • Property tax
  • Building insurance, unless agreed otherwise
  • Tax on the income you receive
  • Structural defects that pre-date the contract
Practical Questions

Before you decide

Do I have to be in Montenegro to set this up?

No. The management agreement can be signed remotely, and where a document requires notarisation we can work from a power of attorney. Most of our management clients live abroad and visit occasionally — or not at all.

Can I use different options for different properties?

Yes. Each property has its own agreement, so one apartment may sit on full management while another is placed on the guaranteed income model. You may also move between options at the end of any contract period.

How is the guaranteed rate decided?

It is fixed per property before signing and written into the agreement, so the figure is known in advance. Location, size, condition, furnishing standard and the length of the contract determine where within the range a property falls; stronger rental locations and longer terms sit at the higher end.

What happens to my property tax and rental income tax?

Property tax remains with you under all three options, as does tax on income you receive. We are not tax advisers; for anything beyond the general position, we will introduce you to an accountant rather than guess.

Can I still use the property myself?

Under Options I and II, that is a matter between you and the tenancy you agree. Under Option III, an agreed number of days per year is written into the contract for your own use, subject to the property not being let at the time.

What if I wish to sell while the property is under management?

Tell us as early as you can. Under Options I and II it is straightforward. Under Option III the agreement runs for a fixed term, so we would either transfer the arrangement to the buyer or agree terms for ending it early. We handle sales as well — it is a conversation we have often.

The Next Step

Tell us about the property

Send us the location, the size, and whether it is furnished. We will return a realistic rental figure and our view on which service suits it — without cost, and without obligation.

Enquire by Email +382 69 846 538
Violet Investment · Hercegovačka 2, Podgorica, Montenegro
info@violetinvestment.com  ·  +382 69 846 538