Land for Sale in Tivat

Explore the Investment Potential of Tivat’s Prime Land

Investing in land is akin to planting a seed; with the right nurturing and conditions, it can blossom into a vibrant asset that yields fruitful returns. This enchanting 1,024 m² plot in Tivat is not just land; it’s a golden opportunity waiting to be discovered. Nestled amidst lush greenery and just a stone’s throw from the captivating Adriatic Sea, this land offers both serenity and accessibility.

Surrounding Development and Future Growth

Tivat has been steadily transforming into a premier destination for both tourists and investors alike. The development of high-end amenities, such as the luxurious Porto Montenegro, has elevated the area’s profile significantly. With expansive marinas, upscale restaurants, chic boutiques, and vibrant cultural events, Tivat attracts visitors year-round.

– **Emerging Neighborhoods**: The continuous investment in nearby neighborhoods promises infrastructure upgrades and modern residential developments.
– **Accessibility**: Tivat is well-connected by roads and has an international airport nearby, making it a desirable locale for both local and international buyers.
– **Green Initiatives**: With a focus on sustainable development, future projects will likely prioritize eco-friendly building options, ensuring that Tivat remains a beautiful natural refuge.

Points of Interest Nearby

The beauty of this land extends beyond its borders. Living in close proximity means residents can enjoy numerous points of interest, including:

– **Stunning Beaches**: With pristine beaches just a short stroll away, sunbathing and water sports become part of everyday living.
– **Cultural Heritage**: Historical sites and local museums provide an enriching backdrop to modern life in Tivat.
– **Outdoor Activities**: The surrounding mountains and forests offer abundant opportunities for hiking, biking, and exploring nature.

Analyzing Profitability: A Smart Investment

When it comes to profitability, this land is a beacon for investors. Built upon comprehensive Urban Technical Conditions (UTU), the possibilities are vast. The permission to construct a residential building of 500 m² plus an additional 230 m² of basement space allows for creative design and substantial rental income.

Consider the return on investment:

– **Initial Investment**: Constructing one prefabricated 100 m² house at 599€/m² costs 59 900€.
– **Rental Income**: Renting this property for 150€/night translates to a seasonal earning potential of 4 500€/month during peak summer months, totaling approximately 13 500€ annually.
– **Annual Expenses**: Maintenance and taxes may amount to about 3 000€ yearly.

Final Profit Calculation: This could result in a profit of approximately 10 500€ annually, yielding an enticing ROI of around 17.5%, based on initial investments.

Conclusion: Your Gateway to Paradise

This 1,024 m² land in Tivat is more than just a piece of property; it’s an invitation to join a flourishing community and a chance to engage in sustainable profit-making. With its prime location, robust development prospects, and the promise of substantial ROI, investing here is not merely a transaction—it’s a vision for the future. Seize the moment and secure your slice of paradise in Tivat today!