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…
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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…
The Tenants’ Association has urged all tenants to join an initiative to protect the Velje Brdo housing project from political and investor abuse. They emphasize that…
Nikola Jovanović, Mayor of Budva, has proposed that the local parliament authorize him to purchase a highly attractive 5,500-square-meter coastal parcel, just 100 meters from the…
The Velje Brdo project could be a historic opportunity to address Montenegro’s housing crisis, but only if it prioritizes citizens who genuinely lack housing, according to…
Budvanska Rivijera Hotels Group is set to begin the long-awaited renovation of Hotel Mogren, a historic symbol of Budva and Montenegro’s coast. The project aims to…
In Q2 2025 (April–June), the average price of a new-build apartment in Montenegro reached €2,201 per square meter in commercial sales, with Podgorica averaging €2,108, according…


