Building Land for Sale in Sutorina

Unlock the Potential of Sutorina: A Golden Investment Opportunity

Nestled in the picturesque region of Herceg Novi lies an exceptional parcel of building land that represents not just a purchase, but a pathway to a prosperous future. This remarkable 1,677 m² plot in Sutorina offers the discerning investor an unparalleled chance to develop in a locale that’s on the brink of transformation.

Prime Location and Accessibility

Strategically situated just off the main road, this flat expanse of land is easily accessible, positioned perfectly to attract both locals and tourists alike. The convenience of reaching this site enhances its value, making it an attractive option for potential renters or buyers. Imagine sitting on a piece of land that not only sees the daily hustle and bustle of neighborhood life but also is set to benefit from the upcoming developments in the area.

Development Opportunities Abound

This land is primed for a variety of developments, thanks to the utilities already on hand, including water and electricity. With UTE conditions set, the legal groundwork for construction is already laid out, allowing for a smooth transition into your desired project. The potential ideas for development are as diverse as they are exciting. Here are just a few possibilities to consider:

– **Residential Complex**: Build multi-family homes to cater to the growing demand for housing.
– **Commercial Spaces**: Create a hub for businesses, attracting both local enterprises and international brands.
– **Agro-Tourism Ventures**: Given the natural beauty surrounding Sutorina, consider developing eco-friendly lodges that emphasize sustainability and local culture.

In addition, with the allowance for a primary structure of up to 250 m² and auxiliary buildings, the options for expansion and customization are wide-ranging, ensuring that your vision has the space it needs to flourish.

The Pulse of Progress: Sutorina’s Surroundings

Sutorina is no stranger to development, with numerous projects in the pipeline that promise to elevate the entire region. The burgeoning real estate market is supported by a growing population and an influx of tourists year-round. The promise of new roads, amenities, and attractions further confirms that investing in this land now is akin to planting a seed in fertile soil, destined to grow into something magnificent.

Maximizing Your Investment: A Clear Path to ROI

The financial allure of this property is compelling. For just 60€ per m², you are entering into an investment that is expected to appreciate in value, especially as development continues in the area. The land’s zoning allows for versatile use, heightening its potential returns.

ROI Calculation Breakdown

Let’s explore how this investment could translate into significant returns. For instance, if you decide to erect a prefabricated house of 100 m², the costs and potential rents could look like this:

– **Initial Cost**: 59 900€ (599€/m²)
– **Summer Rental Income**: 150€ per night for 60 days = 9 000€
– **Winter Rental Income**: 70€ per night for 90 days = 6 300€
– **Annual Rental Income**: 9 000€ + 6 300€ = 15 300€
– **ROI Calculation**: (15 300€ / 59 900€) x 100 = 25.5%

This impressive return rate indicates that investing in land in Sutorina is not just smart; it’s strategic.

Conclusion: Invest in Tomorrow

This building land in Sutorina is more than a piece of real estate; it represents a vision for what the future can hold. With an attractive 25.5% return on investment and endless possibilities for development, now is the perfect time to act. Seize the opportunity to become a part of Sutorina’s exciting journey and watch your investment flourish!