Coastal Development Land for Hotel in Krašići, Tivat

Unlocking the Potential of Coastal Development in Krašići, Tivat

Nestled in the picturesque coastline of Montenegro, the coastal land available in Krašići, Tivat, represents an extraordinary opportunity for savvy investors looking to dive into the hospitality sector. With its expansive 8,011 m² offering, this plot is not merely a piece of real estate; it is a gateway to a luxurious lifestyle, exceptional vistas, and a thriving tourist economy.

A Scenic Oasis

Imagine waking up to the gentle sounds of waves lapping against the shore and the vibrant colors of a Mediterranean sunrise reflecting off the shimmering Bay of Kotor. The views from this land are, without a doubt, enchanting. To the left, the opulent Porto Novi casts its charm, while to the right, the renowned Porto Montenegro unfolds, both shaping a landscape that beckons travelers from around the world. This area is not just visually stunning; it is a prime location laced with cultural richness, making it a magnet for tourists seeking unforgettable experiences.

Development Advantages

The development regulations allow for significant construction with a maximum built index of 0.7, presenting a golden opportunity for investors to design a standout hotel complex. A captivating design of up to three above-ground levels (P+2 or S+P+1) can be achieved, allowing your vision to come to life in a way that is both functional and aesthetically appealing. The dual access points—along a scenic coastal promenade and a well-connected road at the back—enhance the property’s appeal, ensuring guests have convenient transportation options while also indulging in splendid maritime views.

Strategic Location in a Growing Market

Krašići is positioned as an emerging hotspot within the Tivat municipality. With Montenegro’s tourism on a steady upward trajectory, the demand for quality accommodations has never been higher. This location serves as a perfect backdrop for unique experiences, from bustling beach clubs to serene sunset views, ensuring that visitors find something to cherish every day of their stay. Additionally, the advocating development of local infrastructure enhances accessibility, ensuring seamless travel arrangements for guests.

Investment Opportunities Abound

Investing in real estate in this elite part of Tivat is not merely an acquisition; it’s a chance to be part of a flourishing market. The prospect of generating substantial rental income year-round is compelling. Picture this: during the bustling summer months, occupancy rates soar as holidaymakers flock to the breathtaking beaches, allowing for a monthly income of approximately 5,000€. Even in the quieter winter months, the potential to draw in visitors for seasonal getaways can secure an additional 1,500€ monthly.

Comprehensive ROI Analysis

To further illustrate the financial facets of this investment, consider the following:
– **Total Development Cost**: 4,785,000€ (calculating development at 599€/m²)
– **Projected Annual Income**:
– Summer (6 months): 30,000€ (5,000€ x 6 months)
– Winter (6 months): 9,000€ (1,500€ x 6 months)

Combining these figures reveals an annual income of 39,000€. The ROI, thus calculated, stands at 0.81% for the first year, highlighting the gradual nature of real estate investment. However, it’s crucial to recognize that as tourism flourishes in Montenegro, appreciation values are set to surge, promising long-term gains.

Conclusion: An Investment with Lasting Value

With its enchanting locale, promising development prospects, and substantial rental potential, this coastal land in Krašići is not merely a sound investment; it is a ticket to a future filled with possibilities. Don’t miss this chance to be part of a developing story within one of the most desirable regions of Montenegro. For further inquiries and to explore this unique opportunity, please contact us at +382 67 207 047. Seize the moment to secure a prestigious investment that shines brightly in the realm of real estate!