The government has announced an upgraded living concept featuring primary schools, kindergartens, shopping centers and sports-recreational zones for nearly 42,000 residents. According to Prime Minister Milojko Spajić, the first residents are expected to move into apartments at Velje Brdo by mid-2026.
Described as a community for privileged citizens, the Velje Brdo project was recently presented by Prime Minister Spajić and Minister of Spatial Planning, Urbanism and State Property, Slaven Radunović. Apartments will be priced at around €1,000 per square meter, with an annual interest rate of 1.2%. All interested citizens will be able to purchase these apartments.
“The policy will primarily focus on addressing housing issues for tenants. We are currently working on a housing strategy and gathering data from Monstat regarding the number of tenants in Montenegro and the costs of housing,” explained Marina Izgarević Pavićević, State Secretary at the Ministry of Spatial Planning, Urbanism, and State Property.
Economist Mila Kasalica expressed skepticism about the two-and-a-half-year timeline for moving in, highlighting the planned construction of a bypass and the need for careful urban planning to balance the needs of both Podgorica and Danilovgrad.
Part of the hill is protected due to the Zeta Nature Park and the Mareza springs, where construction is prohibited. However, the ministry notes that regulated construction is possible in the third zone.
“In accordance with legal provisions and environmental protections, planners will provide appropriate features to enhance the area’s cultural and environmental value,” said Izgarević Pavićević.
The new settlement would be the size of Bar, housing more residents than 22 other Montenegrin municipalities, with only Nikšić and Podgorica being larger. At the project’s recent presentation, Prime Minister Spajić stated that apartment resale would only be permitted to the state, which would guarantee the purchase price plus cumulative inflation.
“This way, citizens could save up to €70,000 that they would otherwise spend as tenants,” Spajić noted.
Kasalica elaborated on the savings concept, suggesting that it should encourage individuals to invest in their properties, stressing the importance of additional real estate for financial security in old age.
The Gradska RTV team inquired about measures to prevent potential manipulation during the purchase process and when construction would begin, but they have not yet received a response from Prime Minister Spajić.
