Take a walk through Blok 5 in Podgorica and you’ll notice something that is becoming increasingly rare in newer parts of the city: wide pedestrian paths, mature trees and plenty of open space between residential buildings. You won’t find glass façades or underground parking garages like those offered by many modern developments, yet apartments here remain in demand. The reason becomes clear when you look at how the neighbourhood was planned and how many everyday amenities are within easy reach.
How Did Blok 5 Come to Be?
The neighbourhood was developed between 1977 and 1984, following an urban planning concept associated with Vukota Vukotić and architect Mileta Bojović. Residential buildings were designed alongside green spaces, pedestrian walkways, schools, kindergartens and other amenities essential to everyday life. Rather than using every available plot for construction, the layout preserved space for trees, walking paths and outdoor recreation.
That distinction is still easy to appreciate today. Compared with some of Podgorica’s newer residential areas, Blok 5 offers more than just an apartment. It provides an established neighbourhood that was designed around the needs of the people living there.
Why Do Buyers Choose Blok 5?
If having a school, kindergarten, grocery store or healthcare facility nearby matters to you, this neighbourhood has several practical advantages. Blok 5 appeals to families looking for a convenient place to live, as well as buyers who would rather not rely on a car for every daily errand.
The residential buildings also offer different options, allowing you to consider factors such as floor level, views, layout and overall condition. You might prefer a renovated apartment that is ready to move into, or choose a property that gives you the freedom to create an interior tailored to your own taste. To learn more about the neighbourhood’s architectural concept, read this interview with the architect.
How Much Does an Apartment in Blok 5 Cost?
Prices depend on the apartment’s size, floor level, condition and the amount of work it may require. Based on the price ranges outlined in the initial market overview, one-bedroom apartments range from €115,000 to €155,000, two-bedroom apartments from €150,000 to €190,000, while some three-bedroom properties exceed €250,000. These figures should be checked against current listings before publication.
If you’re considering an apartment that needs renovation, don’t focus solely on the asking price. Factor in the cost of labour, materials and furnishing before comparing it with a renovated property. This will give you a more realistic picture of the total investment required.
Price isn’t the only factor worth considering when choosing where to live. Explore our guide to Podgorica’s most sought-after neighbourhoods for families and young buyers to compare different areas of the city.
Looking for an Apartment in Blok 5?
If Blok 5 appeals to you because of its location, green spaces and nearby amenities, get in touch with Concord Nekretnine. We can help you explore available properties, compare their advantages and find an apartment that suits your needs.
Contact us:
office@concordnekretnine.me
+382 67 998 998
