Building Land for Sale in Kumbor

Invest in a Bright Future: Building Land in Kumbor

Prime Location in an Emerging Locale

Imagine owning a slice of paradise in Kumbor, Herceg Novi—a place where the Adriatic Sea meets stunning mountains, creating a backdrop that’s as breathtaking as it is serene. This 815 m² building land not only boasts panoramic views but also lies just a short 600 meters from the tranquil shoreline. As the sun sets over the horizon, casting a golden glow across the water, you’ll appreciate the unique charm this region offers. In recent years, Kumbor has seen a surge in popularity, attracting individuals seeking a peaceful lifestyle as well as investors looking for promising opportunities.

A Growing Community with Abundant Amenities

Surrounding Kumbor, a vibrant community is flourishing, enriched by the development of essential amenities and recreational facilities. Enjoy leisurely strolls along picturesque promenades filled with charming cafes, local markets, and delightful restaurants serving fresh Mediterranean cuisine. Key points of interest include:

– **Beaches**: The nearby beaches offer relaxation and adventure, where one can indulge in swimming, sunbathing, and water sports.
– **Nature Parks**: Hiking trails provide access to breathtaking viewpoints and lush landscapes.
– **Cultural Sites**: Explore historical landmarks that reflect the region’s rich heritage.

As investment in infrastructure continues, Kumbor is set to become even more accessible and attractive, making it an ideal location for both permanent residents and vacationers.

Perfect Canvas for Your Dream Project

The land comes with an older house that can be transformed or expanded upon, giving you multiple avenues for development. Utilize the existing 66 m² living space as a starting point, or tear it down to curate a modern dwelling tailored to your personal style. What a wonderful opportunity to create a haven for you and your loved ones or to develop rental units that cater to holidaymakers looking to experience the beauty of Herceg Novi!

Strong Investment Potential

Kumbor’s current real estate momentum suggests that this property can serve as a lucrative investment. With the hospitality market booming, properties here are in high demand. Furthermore, with the increase in tourist arrivals each season, the potential for rental income is promising. Investors can choose to construct multiple prefabricated houses on the plot, capitalizing on the growing vacation rental market.

Detailed ROI Analysis

Investing in this land provides exceptional long-term return potential. The initial investment of 486 485€ lays the groundwork for a lucrative income stream.

– **Projected Rental Income**:
– Summer peak rental: 2 000€/month for about 5 months
– Winter rental: 500€/month for about 7 months

Simple ROI Calculation

Let’s break down the numbers for clarity:

Total Investment: 599€/m² x 815 m² = 486 485€
Annual Income: (2 000€ x 5 months) + (500€ x 7 months) = 13 500€
ROI = (13 500€/486 485€) x 100 = 2.77% annually.

This straightforward calculation illustrates the financial benefits of investing in Kumbor’s growing real estate market, highlighting both the feasibility and attractiveness of such a venture.

Conclusion: A Sound Investment Choice

Owning land in Kumbor, Herceg Novi is not merely a purchase; it’s a gateway to a rewarding lifestyle and an investment that can withstand the test of time. The potential return of 2.77% annually signifies a promising opportunity, making this property a prime choice for anyone looking to secure their financial future in a picturesque coastal setting. Seize this chance to invest today, and watch your dreams turn into reality amid the beauty of the Adriatic.