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The role of Montenegro’s Real Estate Association in enhancing the property sector

20.05.2025

The role of Montenegro’s Real Estate Association in enhancing the property sector

How to improve the real estate market in Montenegro is a question that has, with good reason, been raised frequently in recent times. At a time when Montenegro’s real estate market is experiencing record growth, the Association of Real Estate Agencies of Montenegro (UANCG) has become a key player in guiding the direction and development of this vital economic sector. According to the "Vijesti" portal, a recent session held in Budva gathered the most prominent representatives of the real estate industry, demonstrating a strong commitment to a shared vision of a well-organized and professional market.

Regulation, education and support for members of the Real Estate Association

UANCG is actively working to combat the gray economy by advocating for stricter controls and more transparent procedures in real estate transactions. Detailed analyses reveal that the state loses between 20 and 30 million euros annually due to illegal activities within the real estate sector. These figures clearly highlight the need for a systematic approach to market regulation — a goal at the core of the recently proposed Law on Intermediation in the Sale and Lease of Real Estate, which has already received approval from the Legislative Committee of the Parliament of Montenegro. Through the organization of specialized workshops and seminars, the Association continuously raises industry standards, placing the professional development of its members among its highest priorities.

Plans for 2025

UANCG's plans for 2025 include:
- an education program covering a wide range of topics from legal aspects of business, marketing strategies to improving communication and sales techniques,
- standardization of operations with the creation of universal contracts on mediation and sales,
- support for members in obtaining the documentation required under the Law on the Prevention of Money Laundering and Financing of Terrorism,
- intensification of the promotion campaign of the Association on social networks, in order to increase the visibility of the work of the Association itself as well as of individual members.

What are the advantages of real estate agencies that are members of UANCG?

Real estate agencies that are members of UANCG enjoy numerous benefits. In addition to professional training and legal support, members have the opportunity to network with one another and promote their services through various activities organized by the Association. Perhaps the most significant advantage is the ability to represent their interests before state institutions through the collective action of the Association. For more information, visit their official website: https://uancg.me/

In such a dynamic and challenging market, it is important to rely on trusted and reliable partners. If you are planning to buy, sell or rent real estate in Montenegro, the Amfora agency is here to offer you security, professional service, and expert advice. Contact us for more information!

 

Izvor: Vijesti.me

Foto: Udruženje agencija za nekretnine Crne Gore