It is located in the most beautiful part of Podgorica, in the park on Kruševac, along the Moraca River. The central object of the entire complex is Petrović Palace, once the residence of the Petrović dynasty. It was built in 1891 and has a cultural monument status. The peculiarity of the Museum of Contemporary Art of Montenegro is a fund of over 1000 exhibits from 60 non-aligned countries, unique in the space of Southeastern Europe.