Land for Sale in Đenovići

Unlock the Splendor of Đenovići: A Prime Investment Opportunity

Imagine a place where the mountains gently embrace the sea, where each sunrise paints the sky in hues of orange and pink, and where every evening invites you to unwind with the sound of waves lapping at the shore. This is Đenovići, a hidden gem in Herceg Novi, and the perfect backdrop for your next investment.

Land Details and Construction Potential

This spectacular 1,000 m² plot is not just any piece of real estate; it is a canvas for your dreams. With a construction coefficient of 0.8 and a maximum occupancy of 0.4, you have ample flexibility to design your ideal structure. Whether you envision a luxurious family home, a serene retreat, or a series of upscale vacation rentals, this land allows for an array of possibilities. The gently sloping terrain and prime orientation ensure that every corner of your future property will capture the breathtaking surroundings.

Community Development and Local Amenities

One of the standout features of this location is the rapid development occurring in and around Đenovići. New infrastructure, such as roads and utilities, are being put in place. Furthermore, current developments in hospitality and tourism promise to enhance the allure of the area. You can expect to see:

– New luxury hotels and resorts, attracting high-end tourists.
– Enhanced road connections to the nearby cities of Kotor and Tivat, making travel more convenient.
– Expansion of local amenities, including shops, schools, and healthcare facilities.

All these developments ensure that Đenovići will soon be a flourishing hub for travelers and locals alike, and your investment will benefit from the rising demand for real estate in this area.

Attractions and Points of Interest

When you invest in Đenovići, you’re not just buying land; you’re becoming part of a vibrant community packed with options for leisure and recreation:

– **Natural Beauty**: The area is surrounded by stunning landscapes, including the picturesque Luštica Peninsula and tranquil beaches, perfect for outdoor activities such as hiking, swimming, and boating.
– **Cultural Experiences**: Herceg Novi is rich in history and culture, offering numerous festivals, art exhibitions, and culinary experiences that showcase the best of Montenegrin heritage.
– **Local Gastronomy**: Delight your taste buds with local delicacies at nearby restaurants. Enjoy fresh seafood, Mediterranean cuisine, and fine wines produced from local vineyards.

Rising Popularity of Herceg Novi

The appeal of property in Herceg Novi is growing exponentially. With its strategic location along the Adriatic coast and its unique blend of cultural heritage and modern amenities, more investors are recognizing the potential of this thriving market. The influx of tourists and residents looking for holiday homes will only enhance property values, creating a promising environment for your investment.

Simplified ROI Calculation: Your Path to Prosperity

Let’s delve deeper into the financial potential of your investment in this pristine land. By capitalizing on both summer and winter rental markets, your 1,000 m² plot could serve as a lucrative source of income.

– **Cost of Land and Construction**: 599€/m² * 1,000 m² = 599 000€
– **Estimated Seasonal Rental Income**:
– Summer rental income: 1 000€/week for 12 weeks = 12 000€
– Winter rental income: 500€/week for 8 weeks = 4 000€

Total annual rental income is 16 000€.

The ROI calculation stands as follows:

ROI = (16 000€/599 000€) * 100 = 2.67%.

While the initial return may seem modest, consider that Montenegro’s real estate market is on an upward trajectory. As demand grows and the attractiveness of the area increases, property values and rental rates could rise significantly, thereby enhancing your ROI in the coming years.

Conclusion: Your Journey Awaits

Investing in land in Đenovići is more than a financial decision; it’s an entry into a world filled with beauty, culture, and opportunity. This slice of paradise is poised for growth, and with it, your investment can flourish. Don’t let this opportunity pass you by—reach out to us today for further details and take the first step toward securing your future in one of Montenegro’s most sought-after locations.