VHM Development

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.