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NOVARIS CAPITAL

Capital & Heartland

Podgorica

The capital: government, business and the airport, a green city between two rivers with steady year-round rental demand.

  • Business
  • Family-friendly
Podgorica

Avi1111 dr. avishai teicher · CC BY-SA 4.0 · Wikimedia Commons

Podgorica is where Montenegro's decisions are made. As the capital and largest city, it is home to the government, embassies, companies, universities and the country's busiest airport. Two rivers, the Morača and the Ribnica, run through a green city of parks, bridges and modern districts, with the coast less than an hour away.

Why Podgorica

Podgorica is the most stable rental market in Montenegro. Demand does not depend on the season: civil servants, diplomats, professionals and students rent all year. New residential districts with underground parking, gyms and green courtyards have raised the quality of the housing stock, and the city continues to grow.

For investors, Podgorica offers long-term tenancies with consistent yields. For those relocating, it offers international schools, private clinics, shopping centres and services that the smaller coastal towns cannot match.

The season

Podgorica is a year-round city. Summers are hot, ideal for escaping to the coast or to Lake Skadar, while spring and autumn are perfect for enjoying the cafés and parks.

Where to buy

  • City Kvart and Preko Morače for modern living: new buildings close to offices, restaurants and the river.
  • Zabjelo for new developments: large residential projects with good amenities.
  • Gorica and Momišići for green space: quieter streets at the foot of Gorica hill.
  • Tološi and Donja Gorica for families: newer neighbourhoods with schools and space.

Living here

Podgorica is practical and pleasant. Everything is within a short drive, the airport is about fifteen minutes from the centre, the beaches of Budva and Bar are under an hour away, and the mountains of the north are close for weekends.

Our view

Podgorica is the foundation of a balanced portfolio: modest seasonality, reliable tenants and steady appreciation. We know which buildings are well managed and which addresses tenants prefer, and we can arrange long-term letting from the start.

Photography: Avi1111 dr. avishai teicher · CC BY-SA 4.0 · Wikimedia Commons · Aleksandar Jaredić · CC BY-SA 3.0 · Wikimedia Commons

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