Land for Sale in Tivat

A Golden Investment in the Heart of Tivat

Tivat, a hidden gem on Montenegro’s coast, beckons to discerning investors with a remarkable opportunity to acquire a stunning 608 m² plot of land. Imagine a canvas where dreams turn into reality, all while being surrounded by untouched nature and the soothing sounds of the sea. Just a short 700 meters from the sparkling waters, this parcel is poised to become a haven for residential development, offering an ideal blend of tranquility and urban convenience.

The Essence of Tivat: Urban Meets Nature

As you explore the gentle slopes of Tivat, it’s easy to understand why this area is becoming a focal point for investment. The land is enveloped by lush pine forests that not only provide clean air but also create a serene atmosphere perfect for relaxation and rejuvenation. The beauty of the surroundings is complemented by the practicality of nearby amenities. The property is conveniently located within walking distance to:

– Pristine beaches
– Lively parks and green spaces
– Cozy cafés and gourmet restaurants
– Child-friendly playgrounds
– Active sports fields

This balance between nature and community makes Tivat an ideal locale for new residents and tourists alike, ensuring a steady demand for both rental and residential properties.

Expand Your Horizons: Residential Development Possibilities

The potential of this land extends far beyond its enticing location. Official Urban Planning Documentation validates the approval for constructing a residential building of up to 500 m², along with an additional 230 m² of underground space and terraces. Imagine the architectural wonders that could spring forth from this plot, with an already established concept paving the way for a seamless planning experience.

Investors are encouraged to embrace innovative design, whether that means eco-friendly construction, contemporary designs, or luxury living spaces. The potential for customizability ensures that your vision aligns with the growing desires of today’s home seekers.

Strategic Investment: An ROI That Speaks Volumes

What sets this property apart is not just its breathtaking location but also the financial prospects that accompany it. With the popularity of Tivat soaring, particularly due to its proximity to the famous Porto Montenegro luxury marina, this property is not just land; it is a launchpad for financial success.

To simplify the figures further, let’s break down the projected returns:

– **Land Area:** 608 m²
– **Construction Cost:** 608 m² x 599€ = 364 192€
– **Estimated Summer Rental Income (3 months):** 3 000€/month x 3 = 9 000€
– **Estimated Winter Rental Income (9 months):** 1 500€/month x 9 = 13 500€
– **Total Annual Rental Income:** 22 500€

The return on investment (ROI) is calculated as follows:
ROI = (Total Income / Total Investment) x 100 = (22 500€ / 364 192€) x 100 ≈ 6.17%.

With an annual ROI of approximately 6.17%, this land not only promises a solid financial return but also offers the emotional satisfaction of participating in the growth of a vibrant community.

Why Tivat? The Future Beckons

Investing in Tivat is akin to planting a tree in fertile soil—a nurturing ground for both growth and prosperity. As Montenegro continues to evolve into a premier European destination, the demand for quality housing is set to increase. With a strategic investment in this land, you are not merely buying property; you are securing a foothold in a rich tapestry of culture, nature, and burgeoning tourism.

Now is the time to seize this opportunity. Contact us today to embark on your journey toward a promising financial future in Tivat!