VHM Development
Verified Investor

Montenegro

Excellence inspired by nature

The place where your vision becomes a reality

Founded
2017
Projects
3
Residential units
154+
Cities
2
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About

About us

We believe that homes, commercial spaces, and luxury properties are not just buildings — they are places where people live, create, and dream. That's why we take special care to create, design, and implement top-notch building solutions that combine comfort, luxury, and functionality, without compromising on quality.

Our projects

Projects

In progress · Žabljak

Emerald Mountain Resort

A luxury condo-hotel complex in the heart of Durmitor National Park, surrounded by pine forests and 23 peaks. Wellness & SPA center, pools, ice rink, adventure park, and restaurants — a new perspective of life in Montenegro's most beautiful landscapes.

  • Condo-Hotel
  • Wellness & SPA
  • Durmitor National Park
View project: Emerald Mountain Resort

Completed · Zagorič, Podgorica

Emerald Garden

Emerald Garden is the company's first residential project — a modern complex in Zagorič with a gated courtyard, a green roof with 24 layers of plants, Italian ceramics, and Samsung Wind-Free climate control. Secure, energy-efficient, and elegant.

  • Green Roof
  • Samsung Wind-Free
  • Villeroy & Boch
  • Smart Home
View project: Emerald Garden

Gallery

Gallery

Resort Lobby
Resort Lobby

FAQ

Frequently asked questions

VHM Development is a Montenegrin real estate development company, founded in 2017 in Podgorica. The company specializes in designing and delivering premium residential complexes that combine comfort, luxury, and functionality. To date, they have launched 3 projects with over 154 residential units across two cities — Podgorica and Žabljak.

VHM Development has completed Emerald Garden in Zagorič (finished 2020, 48 units). Two projects are currently underway: Emerald Garden Residence in Zagorič (106 units, completion 2025) — the first super-luxury gated complex in Montenegro, and Emerald Mountain Resort in Žabljak — a luxury condo-hotel in the heart of Durmitor National Park.

VHM Development uses exclusively premium materials: Italian granite ceramics, Villeroy & Boch fixtures, Hansgrohe fittings, Porcelanosa ceramics, Guardian glass from Luxembourg, Samsung Wind-Free climate control, Rehau underfloor heating, Wienerberger AKU blocks for sound insulation, and Knauf partition walls.

You can contact VHM Development by phone at +382 67 002 000, via email at [email protected], or through WhatsApp. Their office is located at Veliše Mugoše 4, Podgorica. Working hours are Monday–Saturday, 09:00–17:00.

VHM Development stands out through its focus on construction quality and innovative solutions unique to the Montenegrin market — green roofs, Samsung Wind-Free climate control, Smart Home systems, heat pumps, and solar energy. Their complexes are gated with 24/7 security.

Yes, VHM Development is expanding into tourism with the Emerald Mountain Resort in Žabljak. This luxury 4-star condo-hotel in Durmitor National Park allows owners to use their apartment for personal stays while generating rental income the rest of the year.

Contact

Contact

No obligation and no fee.

Address

Veliše Mugoše 4, Podgorica, Montenegro

Working hours

Mon-Sat, 09:00-17:00

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