Building Land for Sale in Tivat

Unmatched Investment Opportunity in the Heart of Tivat

Nestled along the stunning Adriatic coast, Tivat is quickly emerging as one of Montenegro’s most desirable locales for both lifestyle and investment. This 460 m² plot of urbanized land offers an enviable canvas for builders and investors yearning to capitalize on the area’s burgeoning potential. The plot is located in the flourishing neighborhood of Dumidran, where the mountains dance with the sea and the Mediterranean charm beckons with its inviting allure.

Thriving Local Development

Tivat is more than just a picturesque destination; it’s a growing hub of activity. With recent investments in local infrastructure and amenities, Tivat has become an attractive environment for residents and tourists alike.

– **Modern amenities**: Nearby, you’ll discover a plethora of shops, cafes, and restaurants that cater to locals and tourists, all contributing to a vibrant community.
– **Transport links**: The newly renovated airport is just a stone’s throw away, providing convenient access for international flights. Moreover, the coastal road enhances connectivity to neighboring cities such as Kotor and Budva, making this plot a strategic choice for future development.
– **Touristic attractions**: Tivat boasts stunning beaches and marinas, notably Porto Montenegro, which is home to luxury yachts and exclusive shops. This draws high-end clientele and tourists, fostering continual demand for quality accommodations.

Building Your Dreams

This plot features approved plans for a construction project spanning 453 m², with P+1+Pk levels available. Imagine crafting a magnificent residence that not only captures the essence of coastal living but also serves as a lucrative rental venture. The attractive blend of local culture and scenic beauty makes it an optimal place to establish a dream home or a stylish rental property.

Investing in this land allows for a flexible approach:

– **Custom Designed Homes**: Tailor the construction to reflect modern sensibilities while harmonizing with the stunning natural surroundings.
– **Eco-Friendly Options**: Incorporate sustainable materials and design elements that appeal to an environmentally conscious market.
– **Luxury Rentals**: Cater to affluent renters looking for a lavish escape in a breathtaking locale.

Rental Market Insights

The demand for vacation rentals in Tivat is soaring. With summer tourism consistently on the rise, this land presents an exceptional opportunity for rental revenue.

– **High Seasonal Demand**: Peak summer rates can soar to 150€/night, while winter rentals can sustain a steady income at about 75€/night.
– **Occupancy Potential**: By maintaining an occupancy rate of approximately 20 weeks during summer and 10 weeks during winter, you could amass a solid annual income of around 38 250€.

Investment Analysis: A Recipe for Success

Taking hold of this 460 m² plot comes with a total investment of 376 947€, including construction costs and land price. Here’s how it breaks down:

– **Initial Land Investment**: 116 000€ for the plot
– **Construction Costs**: 271 947€ for a 2-storey building of 453 m² at 599€/m²
– **Projected Annual Revenue**: 38 250€

This leads to an attractive return on investment (ROI) of approximately 10.1%, reinforcing Tivat’s status as a profitable venue for real estate investment.

Final Thoughts

Seize the opportunity to claim your stake in Tivat’s flourishing real estate market. With its charming landscape, upscale developments, and promising rental income potential, this plot not only serves as a venue for constructing a dream home but also stands as a beacon for future financial growth. Don’t miss your chance to be part of Tivat’s rapid transformation—invest in this stunning plot today!