Building Land for Sale in Sutorina

Unlock the Potential of Sutorina: Your Next Investment Opportunity

Are you searching for an unparalleled investment opportunity that combines location, potential, and profitability? Look no further! Nestled in the peaceful region of Sutorina, Herceg Novi, this prime building land encompasses 2,016 m² and is urbanized, presenting a canvas for your construction dreams. With a price tag of just 154 000€, this land is not merely a purchase; it’s a doorway to an array of lucrative possibilities.

Exploring Sutorina: A Hidden Gem

Sutorina is a tranquil enclave that beautifully merges the charm of rural Montenegro with accessibility to urban conveniences. Just a stone’s throw away from the bustling town of Herceg Novi, situated merely 4 km away, and around 30 km from the world-renowned city of Dubrovnik, this location is a haven for investors eager to enjoy both peace and proximity to vibrant destinations.

The surrounding area boasts lush greenery, stunning nature reserves, and incredible vistas of the Adriatic Sea. This picturesque setting attracts not only tourists but also residents who are seeking a slice of Montenegrin paradise. Imagine developing a boutique guest house or a series of elegant apartments that cater to the increasing influx of tourists. The potential is limited only by your imagination!

Development Flexibility: Craft Your Vision

The parcel’s maximum allowable building density of 0.40% allows you to create a construct that is perfectly tailored to your vision. You have the opportunity to construct two distinct buildings, each rising to a comfortable two floors (P+1). Whether you envision modern retail spaces, family residences, or vacation rentals, this land presents the essential framework to support a flourishing development.

Consider the vibrant culture and activities that could thrive in this area with your development at its core. From exciting outdoor adventures to local culinary experiences, your project could become a focal point of attraction in Sutorina.

Investment Potential: A Market on the Rise

As Montenegro continues to emerge as a popular destination for both tourists and expatriates, the demand for quality housing and commercial spaces is on the rise. With increasing property values and an optimistic tourism outlook, investing in Sutorina sets the stage for a promising return.

Imagine constructing two prefabricated homes at a competitive rate of 599€/m². On this 2,016 m² lot, you could create two spacious residences, each offering modern amenities and comfort. The rental income during the peak summer season could soar to 1 000€/month for each unit, accruing to an impressive 12 000€ annually.

Detailed ROI Analysis

When evaluating the investment, the numbers tell a compelling story. With an initial investment of 154 000€, the annual rental income derived from your development yields an ROI calculation as follows:

Initial investment: 154 000€
Annual rental income: 12 000€
ROI = (Annual Income / Initial Investment) * 100 = (12,000 / 154 000€) * 100 ≈ 8.57%

This means you could anticipate an attractive 8.57% return on your investment yearly, turning your initial outlay into a flourishing enterprise.

Conclusion: Seize the Opportunity

Investing in building land in Sutorina is not just about acquiring property; it’s about embracing the future of Montenegro’s thriving market. With favorable conditions, a stunning location, and significant flexibility in development, this is a chance you do not want to miss. Harness the potential of this urbanized land and turn it into a successful project that will attract future residents and tourists alike! Secure your investment today and pave the way for tomorrow’s success in the enchanting landscape of Sutorina.