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Sale, land, 287m², Drač, Podgorica

Podgorica, Drač

245.000 €

1 / 3
  • Area

    287 m²

PROPERTY DESCRIPTION

An excellent opportunity to purchase 287 m² of urbanized construction land in Drač, Podgorica, situated in a central location near Hilton Podgorica Hotel and the Podgorica Gymnasium.

The property benefits from direct asphalt road access and existing Urban Technical Conditions (UTU), allowing residential construction with a maximum building footprint of 110 m² and a permitted gross building area of 200 m².

Its central location, established infrastructure and development potential make this property particularly attractive for private buyers and investors seeking construction land in the heart of Montenegro’s capital.

Property Overview

Location: Drač, Podgorica, Montenegro
Property Type: Urbanized Construction Land
Land Area: 287 m²
Urban Technical Conditions (UTU): Available
Maximum Building Footprint: 110 m²
Permitted Gross Building Area (GBA): 200 m²
Permitted Floors: Ground Floor + 1 (P+1)
Potential Additional Floor: P+2, Subject to Approval
Road Access: Asphalt Road
Location: Central Podgorica
Price: Upon Request

Construction and Development Potential

The land is urbanized and benefits from existing Urban Technical Conditions, providing a clear starting point for a future construction project.

According to the available planning information:

  • Land area: 287 m²
  • Maximum building footprint: 110 m²
  • Permitted gross building area: 200 m²
  • Currently permitted configuration: P+1
  • Potential configuration: P+2, subject to approval

There is also the possibility of submitting a request to the relevant authorities for consideration of increasing the permitted number of floors from P+1 to P+2.

Approval of additional floors is not guaranteed and would depend on applicable planning regulations and official authorization.

Prime Central Location, Drač

The property is located in Drač, an established central neighborhood of Podgorica, offering excellent access to administrative, educational, commercial and everyday amenities.

Nearby destinations include:

  • Hilton Podgorica Hotel
  • Podgorica Gymnasium
  • City center
  • Restaurants and cafés
  • Shops and supermarkets
  • Banks and business offices
  • Schools and educational institutions
  • Public services

The location combines convenient city access with a relatively peaceful residential environment.

Asphalt Road Access

The land benefits from direct access from an asphalt road, providing convenient accessibility for both future construction and everyday use.

This is an important advantage for a centrally located urban plot.

Investment Potential

The combination of 287 m² of urbanized land, existing UTU documentation and a central Podgorica location makes this property attractive for residential development or long-term investment.

Depending on the approved architectural design and applicable planning requirements, the land may be suitable for:

  • Private family house
  • Urban residence
  • Residential development
  • Property with residential and professional-use potential
  • Long-term land investment

The possibility of requesting an additional floor may provide further development flexibility, subject to official approval.

Property Highlights
  • 287 m² urbanized land
  • Drač, Podgorica
  • Central city location
  • Near Hilton Podgorica Hotel
  • Near Podgorica Gymnasium
  • Direct asphalt road access
  • Urban Technical Conditions available
  • Maximum footprint of 110 m²
  • Permitted gross building area of 200 m²
  • Currently permitted P+1 configuration
  • Possibility to request P+2
  • Established urban infrastructure
  • Suitable for residential development
  • Attractive central Podgorica investment opportunity

Contact Violet Investment for the asking price, cadastral information, urban planning documentation and to arrange a site visit.

Details

Land type
Residential

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 245.000 € for 287 m², this listing works out to 854 € per square metre. Compare it with the city average in the market card on this page.

How do I arrange a viewing?

Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.

What does buying cost for foreign nationals?

Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.

Is this listing still available?

The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.