Capital Plaza three-bedroom apartment, Podgorica

Fully furnished three-bedroom apartment of 188 m2 in Capital Plaza complex, Podgorica.

Montenegro Sotheby’s Realty has been appointed as exclusive advisor for the sale of premium residences within The Capital Plaza premium complex.

Capital Plaza is bringing its residential units to the market for the first time.

Everything is inside the complex: boutique retail, restaurants, a fitness centre, business facilities and the Crowne Plaza Hotel, none of which require leaving the building.

City parks sit close by, which keeps the address urban without making it relentless.

A professional facility management company runs the complex, so maintenance, security and technical support are continuous rather than arranged case by case.

The common areas are held to the same standard as the apartments, and Capital Plaza works as one mixed-use address in which the residential, business and commercial parts sit together rather than side by side.

Residence’s area range:

1 bedroom 80-87 m²

2-bedroom 88m2 – 135m2

3 bedroom from 170m2 to 270 m²

Limited number of fully furnished apartments available for direct sale from developer.

Each entrance has a reception of its own, with on-site security and modern surveillance behind it.

Ceilings clear three meters and the glazing runs wide, which is what gives the rooms their scale; heating and air-conditioning are central and energy-efficient.

Parking space in a modern underground garage is included in the price.

At 4,500 € per m² this listing sits about 12% above the median for Podgorica, which stands at 4,033 € per m² across the 7 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 7 properties in Podgorica, running from €477,000 to €2,650,000; by price this one ranks 5 of 7. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €846,000 for 188 m², transfer tax comes to €42,760 — an effective 5.1%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 6 other for sale listings, asking between €477,000 and €2,650,000, with a median of €970,000. At €846,000 for 188 m² this one ranks 5 of 7 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.