Building Land for Sale in Sušćepan

Why Invest in Building Land in Sušćepan?

Sušćepan, nestled in the heart of Herceg Novi, offers a unique blend of natural beauty and development potential. This captivating area, with its stunning panoramic sea views and vibrant surroundings, is primed for attracting discerning investors looking for substantial returns on their investment. Here’s why this building land is a golden opportunity.

A Growing Community

Herceg Novi is on the rise. With each passing year, the demand for real estate in this beautiful coastal town continues to soar. The area is witnessing rapid development, with new amenities, shopping centers, and recreational facilities springing up. This transformation makes it an attractive destination for both tourists and long-term residents alike, ensuring that your investment is anchored in a thriving community.

Proximity to Major Attractions

When investing in Sušćepan, you’re not just acquiring land; you’re positioning yourself near a wealth of attractions. Just a short drive away, you can explore the enchanting Old Town of Herceg Novi, famous for its historic architecture and charming cobbled streets. The beautiful beaches along the Adriatic coast provide ample opportunities for relaxation and recreation. Outdoor enthusiasts will also appreciate the nearby hiking trails that lead to breathtaking viewpoints, making Sušćepan a fantastic hub for vacation rentals.

Utilities and Infrastructure

One of the standout features of this property is the accessibility to key utilities. With road access, water, and electricity in close proximity, you can hit the ground running with your construction plans. The convenience of these services ensures that your development will meet modern standards, making it attractive to prospective buyers or renters.

Strategic Development Potential

The land’s significant area of 11,800 m² allows for multiple construction possibilities. Whether you envision a collection of modern apartments or individual luxury homes, the strategic layout supports diverse options. The maximum construction index of 0.8 and footprint of 0.4 provide the freedom to turn your vision into reality. Think of it as a canvas, ready for your artistic touch.

A Lucrative Investment Model

Investing in building land in Sušćepan offers more than just land acquisition—it offers a pathway to multiple income streams. Here’s a simple breakdown of how your initial investment could flourish:

1. Upfront investment in land: 826 000€.
2. Construction of 3 well-designed homes (approximately 100 m² each) at 599€/m² translates to 179 700€.
3. Potential summer rental income of 1 000€/month per home, for 4 months amounts to a whopping total of 12 000€.

This financial model reveals an annual ROI of approximately 1.45%. Yet, with effective management and strategic marketing, this figure could rise as demand for rental properties continues to surge.

Sound Decision Making

Investing in Sušćepan isn’t just about numbers; it’s about vision and foresight. As the real estate landscape evolves, so too does the potential for impressive returns. Embrace the opportunity to be part of a community poised for growth, where your investment can thrive amid the beauty of the Adriatic coast.

In conclusion, the building land for sale in Sušćepan represents more than a mere property acquisition—it’s your key to unlocking the promising future of Herceg Novi. Don’t miss the chance to invest in this prime location; seize the moment and contact us today to make your investment dreams a reality!