Riverside Family Villa

Riverside, eight-bedroom family villa in Velje Brdo, Podgorica.

Layout by floors:

Basement: two bedrooms, gym, laundry room and technical room

First floor: spacious living room, separate kitchen with dining room, bedroom, bathroom, exit to the terrace and yard

Second floor: five bedrooms, four bathrooms

The villa of 600 m2 is located on a spacious property of 32,000 m2.

The villa was built from the highest quality materials and hand-made carpentry. It has a security system, video surveillance, a private substation.

In the yard, there is a private garage for three vehicles.

The villa is positioned to provide peace and privacy and is an ideal family home.

The villa is graced by the nearby flow of the Zeta River. The center of Podgorica is located at a distance of 4 km.

Podgorica Airport is 12 km away.

At 1,583 € per m² this listing sits about 64% below the median for Podgorica, which stands at 4,394 € per m² across the 7 properties we hold there. Below-median usually means one of three things: set back from the water, an older build, or a floor plan that needs work.

We currently hold 7 properties in Podgorica, running from €477,000 to €2,650,000; by price this one ranks 4 of 7. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €950,000 for 600 m², transfer tax comes to €49,000 — an effective 5.2%. 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 €918,000. At €950,000 for 600 m² this one ranks 4 of 7 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.