Urban Plot near the Sea for Investment Project in Risan

Investment Opportunities Await in Risan

Risan, a charming coastal town in Montenegro, is not just a destination; it’s an emerging investment hotspot with a bright future. The urban plot of land available for development stands as a golden opportunity for those looking to make smart investments in a growing market. Here, we delve deeper into the advantages of investing in this prime location.

Strategic Location and Accessibility

Nestled just 1.5 kilometers from the azure waters of the Adriatic Sea, this plot is strategically located for both convenience and allure. Accessible via a well-maintained asphalt road, the land beautifully melds the advantages of urban living with the serene ambiance of coastal landscapes. Imagine waking up to breathtaking views and the soothing sound of waves—yet still being moments away from essential services, shops, and restaurants.

Unlimited Development Possibilities

With thorough urban and technical permits in place, this parcel of land is a blank canvas for your architectural dreams. The allowance for construction covering up to 2,961 m2 provides ample room for creativity. Whether developing elegant residential apartments or a vibrant mixed-use building with commercial spaces, the design possibilities are only limited by your imagination. The varied topography of the land offers opportunities for unique layouts and stunning vistas, ensuring that any constructed edifice complements the natural beauty surrounding it.

A Blend of Nature and Lifestyle

Risan is not merely about real estate; it presents a lifestyle. With beautiful pebble beaches, a charming promenade, and nearby mountains adding to the picturesque landscape, your project here would resonate with both locals and tourists alike. The famous “Teuta” Hotel beach, stretching a kilometer, stands as an idyllic spot for sunbathing, swimming, and socializing. Nature lovers can explore hiking trails that wind through the stunning hillsides, all while experiencing the vibrant culture of Montenegro.

Evaluating Profit Potential

When considering the financial aspects of this plot, potential rental income from the constructed properties becomes crucial. Let’s break down the numbers for clarity:

– Construction Cost: Starting at 599€/m2
– Total Area Available for Construction: 2,961 m2
– Estimated Investment: Approximately 1 775 239€

Now, let’s look at potential rental returns to paint a comprehensive picture of profitability.

Rental Income Breakdown

Rental income can be a significant part of your overall return on investment. For example, consider the summer months where demand peaks:

– Summer Rental Price: 1 000€/month
– Winter Rental Price: 500€/month
– Peak Season Revenue: 18 000€ (assuming summer rentals)
– Off-Season Revenue: 6 000€ (assuming winter rentals)
– Annual Total Revenue: 24 000€

This breakdown showcases the potential to earn substantial income year-round, with a balanced approach to seasonal variations.

Projected Return on Investment

Considering the calculations for income against the investment costs, the simplified ROI for this prime urban plot in Risan hails at approximately 1.35% annually. However, it’s important to remember that as Risan’s allure grows—thanks to improved infrastructure and increased tourism—the potential for higher returns becomes more appealing. This is the time to act as property values continue to rise!

Conclusion: A Promising Future Beckons

Investing in this urban plot near the sea in Risan is not just about purchasing land; it’s about seizing an opportunity to shape the future of a thriving community. With a strategic location, favorable development parameters, and the lure of coastal living, this investment promises both aesthetic pleasure and potential profitability. Don’t wait—this prime piece of Montenegro awaits your vision and ambition!