Question 1

Can foreigners buy property in Podgorica, Montenegro?

Accepted Answer

Yes — foreign nationals can purchase freehold property in Podgorica on the same legal basis as Montenegrin citizens. Transactions are completed before a notary and registered with the Real Estate Administration.

Question 2

What is the average property price in Podgorica?

Accepted Answer

Podgorica property currently trades in the €800 – €1,500/m² band, with an average around €1,100 per square metre. Newer builds and seafront locations command a premium.

Question 3

Is Podgorica a good place to invest in Montenegro?

Accepted Answer

Podgorica offers Montenegro's best gross rental yields for long-term lets (5–7%). Growing tech sector and EU accession candidacy driving young professional demand. Capital appreciation is slower but more consistent than coastal areas.

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