Browsing: real estate

Montenegro has entered a new phase in regulating private accommodation and the use of illegal buildings for tourism. The new Law on the Legalization of Illegal…

Russian investor Dimitrij Vladimirovič Judin has submitted a request to Montenegro’s Ministry of Spatial Planning seeking approval for the conceptual design of a residential villa complex…

The Municipality of Budva has submitted a bid of €6.9 million to purchase the old Jugoslavensko Rječno Brodarstvo (JRB) building near the Old Town, following a…

Five major infrastructure projects are currently underway on Montenegro’s Luštica Peninsula, representing tens of millions of euros in investment aimed at improving transport, water supply, and…

Following the entry into force of Montenegro’s Law on Legalization of Illegal Buildings, the sale of all illegally constructed properties is now prohibited. The Ministry of…

Bar-based company SD Real Estate is moving forward with the construction of a large mixed-use development in the city, covering over 32,000 m². The project includes…

Construction activity in Montenegro has declined significantly, according to preliminary data from Monstat. In the second quarter of 2025, only 10 building permits and work notifications…

The legalization process for illegal buildings in Montenegro remains largely unchanged for residential properties up to 200 m². Local governments will handle legalization for properties up…

The new Spatial Plan for Podgorica, covering Zeta and Tuzi, proposes converting 3,600 hectares (36 million square meters) of agricultural land into construction zones. The plan…

The Ministry of Spatial Planning, Urbanism, and State Property (MDUP) clarified that there are no age restrictions for applicants to the “Velje Brdo” project, allowing citizens…