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Land 1 м² in Podgorica, Montenegro

329 986 $

329 986 $ /м²

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Area

1 м2

Urbanized land for construction in Podgorica

Urbanized land for the construction of a residential complex, villas or apartments
Urbanized land plots are sold in one of the most promising areas of Podgorica - Gornja Gorica, next to the new Podgorica-Danilovgrad Boulevard.
The facility is a major investment project with high potential for the construction of a residential complex, club houses, villas with swimming pools, townhouses or an apartment building with commercial premises.
The plots are located in a rapidly developing area of the capital of Montenegro, just a few minutes from City Kvart, BIG Fashion (Delta City), the University of Montenegro and the main transport routes of the city.


The main characteristics of the site

• Location: Gornja Gorica, Podgorica, Montenegro

Total area: up to 3963 m2

Urban areas (UP): 8

Fully urbanized territory

The current DUP Gornja Gorica 1

Received UTU conditions

Possibility of obtaining a construction permit immediately


A purchase is possible:

a separate plot of 2184 m2

second array 1842 m2

The entire investment project


The price depends on the format of the transaction and the volume of purchased plots.


Construction potential
According to urban parameters, the plots are suitable for construction:
• Villas and private residences

• complex townhouses

The residential complex

Apartment Hotel
Buildings with commercial premises on the first floor

Investment project for lease and resale
When combining sites, it is possible to coordinate the construction of a larger object with a height of 3-4 floors with an underground parking and commercial areas.


Construction factors:

Construction of the site - 30%

Construction index - up to 1.05

Underground floors are not included in the calculation of aboveground area


Infrastructure

To the sites have already brought all city communications:

• Asphalt roads

• sidewalks

City lighting

The water supply

Electricity

Telecommunications

• storm and fecal sewage
A future investor saves approximately 60,000-70,000 euros on connecting infrastructure.


The advantages of location
Gornja Gorica is considered one of the most attractive areas of Podgorica for residential and investment real estate.
Nearby are:

City Kvart
BIG Fashion / Delta City

University of Montenegro

New Boulevard Podgorica-Danilovgrad

The future southwest bypass road
In the neighborhood there are modern villas and diplomatic residences. Some properties are leased by the US and Turkish embassies, further confirming the high status and investment attractiveness of the area.



This site is ideal for:

Developers

Construction companies

Investors in real estate in Montenegro

Construction of a residential complex in Podgorica

Receiving income from rental and resale of real estate

Services and facilities

Pool
Garage/parking

Additional details

Property type

Land

Object type

Land

Price

329 986 $

Land area

932

Characteristics

Pool
Garage/parking

Distance to key points, m

To sea 60000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Podgorica; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Podgorica short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (329 986 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Podgorica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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