Land 1 room 3 963 m² Podgorica, Montenegro

Montenegro, Podgorica
$363
VAT
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In CRM: -25971
ID of the ad on the website or in the company’s CRM
Last update: 27/03/2026

Location

  • Country
    Montenegro
  • Region
    Podgorica Capital City
  • City
    Podgorica
  • Address
    Miloja Pavlovica

Description

An exceptional investment opportunity – urbanized development land located in Gornja Gorica, one of the fastest-growing areas of Podgorica, positioned close to the Podgorica–Danilovgrad boulevard with excellent connectivity to key city zones. The land is fully equipped with infrastructure and offers flexible development possibilities, including family houses, luxury villas with pools, or larger residential-commercial buildings. Available Plot Options Plot Option 1 – 2,121 m² + 63 m² (4 urban plots) Total area: 2,184 m² Price: €525 / m² Ideal for villas or residential development Plot Option 2 – 910 m² (2 urban plots) Price: €420 / m² Suitable for private houses or villas Plot Option 3 – 932 m² (2 urban plots) Price: €315 / m² Good option for smaller residential project Combined Purchase Options 1,842 m² (910 m² + 932 m²) – 4 urban plots 3,963 m² total (2,121 m² + 910 m² + 932 m²) – 8 urban plots Flexible acquisition allows investors to choose between smaller development or large-scale project. Urban Planning & Development Potential According to the DUP (Detailed Urban Plan), the land allows construction of: Family houses Luxury villas with swimming pools Residential buildings Mixed-use buildings with commercial space on the ground floor Permitted construction parameters: Building footprint: 30% of plot area Gross developed area: up to 105% of plot area Allowed floors: Basement / garage Ground floor First floor Attic Possibility of constructing underground levels larger than above-ground footprint Underground gross area is not included in above-ground building coefficient Grouping multiple urban plots allows construction of larger buildings (3–4 floors) with commercial premises. Infrastructure & Utilities All infrastructure is already installed directly to the plot, which significantly reduces investment costs: Asphalt roads with sidewalks Water supply network Sewage and storm drainage systems Electrical infrastructure Telecommunications network Street lighting Direct access from paved roads Estimated savings for the investor: €60,000 – €70,000 due to completed infrastructure connections. Location Advantages Gornja Gorica is a strategic and rapidly developing area of Podgorica, offering: Quick access to Podgorica–Danilovgrad boulevard Excellent connectivity to the city center Proximity to: City Kvart Shopping centers University of Montenegro Business zones Quiet residential environment Increasing demand for residential and mixed-use projects The surrounding area already includes modern residential buildings and villas, confirming the strong development potential. Investment Potential This land offers strong potential for: Residential villa complex Family houses Boutique residential development Mixed-use commercial-residential building Long-term capital growth Flexible structure allows investors to optimize project scale and profitability. Possibility of partial compensation through completed apartments may be considered. FAQ — Development Land in Gornja Gorica 1) What is for sale?Urbanized development land consisting of 8 urban plots in Gornja Gorica, Podgorica. 2) What is the total available land area?Up to 3,963 m², with options to purchase smaller plot groups. 3) What can be built on the land?Family houses, villas with pools, or residential-commercial buildings. 4) Is infrastructure already available?Yes, all key infrastructure connections are already installed. 5) Can plots be combined?Yes, combining plots allows construction of larger buildings with multiple floors. 6) Is construction permit obtainable?Yes, construction permits can be obtained through standard procedure. 7) What are the main advantages of this land?Urbanized land, infrastructure ready, flexible development options, strong location. 8) Is the location well connected?Yes, the land is close to main boulevards and key Podgorica districts. 9) Is this a good investment?Yes, due to development potential and infrastructure readiness. 10) Who is this property ideal for?Developers, investors, or buyers planning residential or mixed-use projects.

Location on the map

Montenegro, Podgorica
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