Loan for non-residents for real estate purchase

Key feature  
  • From EUR 10.000 to EUR 200.000
  • Repayment period from 3 to 120 months
  • Nominal interest rate: fixed of 3,45%
  • Effective interest rate from 3,50%
  • Bank fee  up to 1,25% of the loan amount
  • Fast and simple way to get a loan



Security instruments
  • First rank mortgage in favor of the Bank
  • Property insurance policy endorsed in favor of the Bank
  • Deposit
  • Deposit of minimum 50% of the initial exposure to the client deposited on non-interest bearing account with the Bank until the final repayment of the loan

* * The Bank reserves the right to accept an alternative security instrument if found acceptable and in line with the Bank's business policy.



 Required documentation

Representative example

Representative example

Loan amount

€ 100.000

Repayment period

120 months

Nominal interest rate


Monthly installment


Administrative fee

€ 1250

Effective interest rate


Total debt

€ 118.377,60

* The total debt includes the loan amount, total interest, loan processing fee, cost of bill of exchange of EUR 2 and cost of enquiry in the Montenegrin Credit Registar  of EUR 3.50.  The example above does not include real estate appraisal cost and property insurance policy cost.

** The data on this loan may vary depending on the client's solvency. For more information, please visit  a local branch of Lovćen banka AD or make an appointment by phone on +382 20 205 410 or send an e-mail to: