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Montenegro adopts new law to legalize illegal buildings and enforce zero tolerance on future unauthorized construction

The Government of Montenegro has adopted a new Law on the Legalization of Illegal Buildings, providing citizens with an opportunity to legalize existing unauthorized...

Arab investor confirms planned investments in southern Montenegro, emphasizes local community interests

Arab businessman and owner of Eagle Hills, Mohamed Alabbar, confirmed he will definitely invest in Montenegro but has not decided on a specific location...

Velje Brdo housing project criticized for ignoring social needs and Tenants’ rights

The Velje Brdo housing project in Podgorica is being developed as a market-driven construction project and does not address the real needs of those...

Montenegro’s real estate market booms: Prices nearly double amid rising demand

Montenegro’s real estate market continues to show strong growth, with rental and sale prices of residential units rising year after year, reaching impressive levels...
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BBI Development launches tender for serpentine road construction at Bigova Bay resort

BBI Development from Kotor, developer of the Bigova Bay project, has issued a prequalification call to select a contractor for the construction of a...

Montenegro faces trade imbalance amid need for economic diversification and domestic investment

Economic analyst Mirza Mulešković emphasized the need for Montenegro to implement policies that diversify its economy and increase investment in domestic production rather than...
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