5 bedroom villa 118 m² Budva, Montenegro

Montenegro, Budva
$226 788
$1 922/m²
;
In CRM: 95002
ID of the ad on the website or in the company’s CRM
Last update: 30/09/2026

Location

  • Country
    Montenegro
  • Region
    Budva Municipality
  • City
    Budva

Description

Two single-storey stone houses are for sale on a plot of 420 m2 in the historical center of Podgorica, in Old Varosha, just about 100 meters from Skalina and about 200 meters from the Clock Tower. The location is really rare: the object is located between the rivers Ribnica and Morača, near the fortress of Depedogen and Starodoganjska džamija, almost at the confluence of the two main rivers of Podgorica. This is one of the most atmospheric parts of the city, where historical buildings have been preserved and at the same time you can use the entire infrastructure of the center on foot. The existing stone houses occupy about 118 m2. Behind them is a private green courtyard with an area of about 300 m2, hidden from urban activity by the old walls of Old Varosha. Such a space can be turned into a garden, courtyard, summer terrace or chamber recreation area. According to the current documentation, it is allowed to reconstruct existing facilities or implement a new project. The permitted parameters shall include: • Basement level up to 118 m2; • ground floor up to 118 m2; • upper floor up to 71 m2; • Permitted floor space P+1. Thus, according to these parameters, the potential total area of the object can reach about 307 m2. Real estate is especially interesting not only as a private city residence, but also as an investment object. Here you can consider the creation of a small boutique hotel, apartments, a restaurant with an internal garden, a gallery, a craft space, a cultural center or another concept that will emphasize the historical character of Old Varosha. The main advantage of the offer is the combination of a central location, its own large courtyard, existing stone architecture and the possibility of further development of the object. This is a rare real estate format for Podgorica, which can become both an unusual private house and a recognizable commercial project in the historical part of the city.

Property characteristics

Building parameters

  • Bedrooms
    Bedrooms
    5
  • Bathrooms
    Bathrooms
    2
  • Total area
    Total area
    118 m²
  • Land area
    Land area
    420 m²

Location on the map

Montenegro, Budva
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