Sale, land, 420m², Stara Varoš, Podgorica
Podgorica, Stara Varoš
210.000 €
Area
420 m²
PROPERTY DESCRIPTION
Rare investment opportunity in one of Podgorica’s most historic and central districts. The property consists of two houses with a total built area of approximately 118 m², located on a 420 m² urban plot in Stara Varoš.
According to valid Urban-Technical (UT) conditions, one of the existing houses allows vertical expansion (Ground Floor + 1), offering clear development and value-add potential. The plot size and central location make this property suitable for renovation, extension, redevelopment, or rental income projects.
Investment Highlights:
Prime central location – high demand area
420 m² urban land with existing structures
Two separate housing units – flexible usage
Expansion permitted (P+1) under current regulations
Strong potential for capital appreciation
Suitable for residential redevelopment, boutique rentals, or mixed-use concept
An excellent opportunity for investors seeking land value, redevelopment potential, and long-term return in the heart of Podgorica.
Details
- Land type
- Residential
Location
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Questions about this property
What is the price per square metre?
At 210.000 € for 420 m², this listing works out to 500 € 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.