Investment Land in Risan – 1,588 m2

Explore the Future of Investment in Risan

Risan, a hidden gem nestled in the spectacular Bay of Kotor, offers a unique opportunity for investors looking to tap into the flourishing real estate market of Montenegro. Encompassing a generous 1,588 m², this prime plot of land is not just a piece of property; it is a gateway to capitalizing on an area ripe for development and growth.

Surrounding Developments and Attractions

The charm of Risan is enhanced by its upcoming developments, which promise to transform the landscape significantly. Imagine vibrant waterfront promenades filled with boutiques, cafes, and homes that echo the rich cultural heritage of the region. The construction of a large marina will not only attract boat enthusiasts but also serves as a magnet for tourists and residents alike.

Moreover, the breathtaking surroundings include:

– **Historical Significance**: Risan boasts rich history with ancient Roman mosaics and charming streets that tell the tale of generations past.
– **Proximity to Natural Beauty**: The stunning landscapes of Boka Kotorska bay and nearby mountains present endless opportunities for outdoor activities, from hiking to sailing.
– **Cultural Experiences**: With seasonal festivals, local markets, and diverse cuisine, Risan is a hub for cultural immersion.

Investment in this area translates not just to land but to a lifestyle filled with beauty, history, and recreational opportunities.

Infrastructure and Community Amenities

One of the strongest selling points of this property is its proximity to critical infrastructures. The land is fully urbanized, equipped with:

– **Healthcare Facilities**: Having hospitals and clinics nearby ensures peace of mind for future residents or renters.
– **Shopping Needs**: Supermarkets and local shops cater to everyday essentials, enabling a convenient living experience.
– **Dining Options**: From traditional Montenegrin cuisine to international offerings, there are ample restaurants that cater to every palate.
– **Recreational Spaces**: Parks and beaches within walking distance provide perfect spots for relaxation and family activities.

This well-rounded community framework not only enhances the attractiveness of your investment but also strengthens your potential to attract tenants or buyers looking for a balanced lifestyle.

Diving Deeper into ROI Potential

The financial aspect of any investment is crucial, and this land presents a golden opportunity for a lucrative return on investment. Utilizing the calculated potential for development, consider the following:

– **Construction Costs**: Developing a prefabricated house at an estimated cost of 599€/m² would total around 950 412€.
– **Projected Rental Income**: With summer rental income estimated at 25 000€ and winter generating around 10 000€, the total yearly income comes to approximately 35 000€.

Visualizing Your Returns

The math behind your investment makes for an enticing picture:

– Total potential annual income: 35 000€
– Total cost: 950 412€
– ROI Calculation: ROI = (Income/Cost) × 100 = (35,000/950,412) × 100 = 3.69% annual return.

A Bright Future Awaits

In conclusion, investing in this land in Risan is not merely purchasing real estate. It is a strategic move into a landscape poised for growth, with a promising return on investment potential. As tourism continues to thrive and local developments unfold, securing a stake in this picturesque town could lead to substantial financial benefits, making it an ideal choice for forward-thinking investors. Don’t miss out on this opportunity to be part of Risan’s exciting future—invest today!