Apartments for sale in Podgorica - page 23

The average price per square meter for apartments in Podgorica in 2026 is around €2,350/m², reflecting a 14.2% increase compared to the same period last year. Prices vary considerably by location - more affordable areas like Zagorič offer prices below €2,000/m², while premium locations such as Central Point and City Kvart exceed €3,000/m². A one-bedroom apartment with an average size of 45 m² can be found ranging from €90,000 to €145,000, depending on location and condition.

It depends on your goal. If you're buying for living, Zabjelo and Stari Aerodrom offer an excellent balance between price and quality of life - good infrastructure, proximity to shopping centers and healthcare facilities, with below-average prices. For investment and rental income, City Kvart and Preko Morača see higher demand from both short- and long-term tenants, meaning faster occupancy and higher rental income. Zagorič is attractive for buyers planning new construction with a more affordable entry price.

The average apartment listing in Podgorica remains active for 50 to 65 days before being removed or sold. Apartments in good locations, with realistic pricing and proper documentation, sell significantly faster - sometimes within two weeks. New developments in popular projects are often sold out even before construction is completed. If a property stays on the market for more than 90 days, it usually signals that the price is above market value or that there is an issue with the documentation.

In addition to the apartment price, plan for the following costs: property transfer tax is 3% of the assessed value (except for new construction where VAT is included in the price), notary fees range from €200 to €500 depending on property value, land registry registration costs around €100–150, and agency commission typically ranges from 2–3% of the purchase price. For an apartment worth €150,000, total additional costs can range between €5,500 and €8,000.

According to current market data, the average annual gross rental yield in Podgorica is around 5.1%, excluding property value appreciation. Considering price growth of 14% in 2025/2026, the total return may be significantly higher. Smaller units are the most profitable — one-bedroom apartments and studios typically generate higher rental yields relative to purchase price. Podgorica, as the capital with a growing expat community and student population, shows stable rental demand.

Be sure to check: the property title sheet (ownership, encumbrances and mortgages), the building occupancy permit (without it the apartment cannot be registered), energy certificate, condition of installations (electricity, plumbing, heating), the condominium subdivision plan defining your unit within the building, and any outstanding debts to the building management. For new developments — check the developer’s credibility, references, and exact delivery timeline. It is recommended to hire a lawyer or a trusted real estate agency to review the documentation before signing a preliminary agreement.