Investment Opportunity: Urbanized Development Plots in Podgorica – Gornja Gorica
Gornja Gorica.Basics
- PROPERTY ID: 21300
- Title: Residential Development Land – Gornja Gorica, Podgorica
- Price: €1,840,206
- Category: Land 🟩
- Property Type: Development
- Status: For Sale
- Parcel Size: 3963 m²
Description
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Details:
Excellent Development Opportunity in Podgorica
Located in the sought-after neighborhood of Gornja Gorica, this land parcel offers a prime opportunity for residential or mixed-use development. With nearly 4,000 m² of urbanized land, full DUP planning in place, and all infrastructure (roads, utilities, lighting) already built up to the property boundary, this is a ready-to-build investment just 150 meters from the Podgorica–Danilovgrad boulevard. The area is surrounded by modern amenities, including shopping malls, embassies, and the University of Montenegro—making it ideal for villas, family homes, or low-rise apartment buildings. -
Property Description:
🔑 Strategic Investment Opportunity in a Fully Urbanized Zone – Gornja Gorica, Podgorica
📍 Location Highlights
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Total Area: 3,963 m²
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Urban Plan Coverage: DUP “Gornja Gorica 1”
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Ownership: Private – clean title, all documentation available
🛠️ Infrastructure – Fully Developed
All essential public infrastructure is completed up to the property line — no need for costly installations:
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Paved access road (8.5m width with sidewalks)
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Sanitary sewage system
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Stormwater drainage
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Water supply network (connection points ready)
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Electrical and telecommunication installations (connection points ready)
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Street lighting along surrounding streets
💡 Estimated buyer savings: €60,000–€70,000 in infrastructure costs.
🏗️ Zoning & Development Potential
Designated for residential construction of villas or family houses, with flexibility to include:
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Private swimming pools
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Commercial use on ground floor (optional)
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Underground garages (not counted in GFA)
Construction Limits (per UTU / DUP):
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Maximum plot coverage: 30%
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Gross Floor Area (GFA): 75% for residential use
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Build coefficient: 1.05
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Maximum structure: Basement + Ground Floor + First Floor + Attic
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Grouped plots allow construction of up to 3-story buildings
💰 Land Division & Pricing
🟩 Plot 1 – 2,184 m²
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Cadastral Parcels: 898/1 + 898/4
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Urban Parcels: 4
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Price: €530.25/m²
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Total: €1,158,654
🟩 Plot 2 – 910 m²
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Cadastral Parcel: 898/3
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Urban Parcels: 2
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Price: €424.20/m²
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Total: €385,020
🟩 Plot 3 – 932 m²
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Cadastral Parcel: 898/2
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Urban Parcels: 2
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Price: €318.15/m²
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Total: €296,532
🌍 Proximity & Strategic Location
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Just 150–200m from Podgorica–Danilovgrad Boulevard
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Near: Delta City Mall, City Kvart, Mall of Montenegro, University of Montenegro
🌐 International & Diplomatic Demand
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Neighboring villas are leased by U.S. and Turkish embassies
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A nearby parcel was recently purchased by a Russian investor
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Attractive location for developers, expats, or diplomatic staff housing
🔐 Legal & Purchase Conditions
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All documentation available: title deeds, urban plans (DUP), UTUs, cadastral maps
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Prices valid for full-lot purchase
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Partial purchases possible (pricing may vary)
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Buyer pays standard real estate transaction tax
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Seller is open to up to 50% compensation in apartments (Podgorica or coastal areas)
📁 Detailed documentation available to qualified (vetted) buyers upon request
📌 All information is provided by the seller and subject to verification
📐 Build Allowance Summary:
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Build Coefficient: 1.05
(You may build up to 105% of the urban parcel area — not cadastral total) -
Total Urban Parcel Area (all 3 plots): 3,963 m²
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Buildable Area (GFA):
→ 3,963 m² × 1.05 = 4,161.15 m²
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Property Features
- Views: City
- Suitable for: Investment, Development

