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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.
Property characteristics
Building parameters
Rooms
1
Total area
420 m²
Location on the map
Education
Healthcare
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Property cost
Down payment, %
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