The Development Bank of Montenegro (Razvojna banka Crne Gore AD, RBCG) has published a public call for participation in a bidding procedure through collection of offers for the sale of real estate in its ownership. The call was issued on the basis of a Supervisory Board decision dated 9 April 2026, while the promotional media publication appeared on 20 April.
The listed assets include land and buildings in Podgorica, Rožaje, Nikšić, Danilovgrad, Cetinje and Mojkovac. According to the published data, starting prices range from EUR 10,188 for land in Ubli to EUR 2,243,000 for one of the Cetinje properties. A business property package in Podgorica is also offered with a combined starting price of EUR 1,350,000.
RBCG states that the sale is conducted through sealed-envelope offers, that the assets are sold as seen, without subsequent complaints, and that each bidder must independently verify the legal status, encumbrances and actual condition of the property. Participation requires a deposit equal to 5% of the starting price.
The deadline for submitting offers is 28 April 2026 by 15:00, while the opening of offers is scheduled for 29 April 2026 at 13:00 at RBCG’s premises in Podgorica. The top-ranked bidder must conclude the sale agreement before a notary within 15 days of notification and pay the full purchase price within 60 days after the agreement is signed.
One practical point stands out: the public call itself already discloses additional legal circumstances affecting some of the offered assets. For one property in Cetinje, RBCG notes an ongoing court case; for part of the Mojkovac property, it notes an active mediation procedure; and for certain Cetinje assets, it states that a handover of possession to RBCG is still ongoing. This makes the call important not only as a sale announcement, but also as a reminder that serious legal due diligence is essential before any bid is submitted.
The listed assets include land and buildings in Podgorica, Rožaje, Nikšić, Danilovgrad, Cetinje and Mojkovac. According to the published data, starting prices range from EUR 10,188 for land in Ubli to EUR 2,243,000 for one of the Cetinje properties. A business property package in Podgorica is also offered with a combined starting price of EUR 1,350,000.
RBCG states that the sale is conducted through sealed-envelope offers, that the assets are sold as seen, without subsequent complaints, and that each bidder must independently verify the legal status, encumbrances and actual condition of the property. Participation requires a deposit equal to 5% of the starting price.
The deadline for submitting offers is 28 April 2026 by 15:00, while the opening of offers is scheduled for 29 April 2026 at 13:00 at RBCG’s premises in Podgorica. The top-ranked bidder must conclude the sale agreement before a notary within 15 days of notification and pay the full purchase price within 60 days after the agreement is signed.
One practical point stands out: the public call itself already discloses additional legal circumstances affecting some of the offered assets. For one property in Cetinje, RBCG notes an ongoing court case; for part of the Mojkovac property, it notes an active mediation procedure; and for certain Cetinje assets, it states that a handover of possession to RBCG is still ongoing. This makes the call important not only as a sale announcement, but also as a reminder that serious legal due diligence is essential before any bid is submitted.