Land for Sale in Gorovici

Unlocking the Future: Land for Sale in Gorovici, Kotor

Welcome to the Heart of Opportunity

Imagine being in a place where your vision of community living, health-centric developments, or serene retirement locales can thrive. The land for sale in Gorovici, Kotor offers just that—a canvas of 18,206 m² waiting for your groundbreaking ideas. Nestled just 5 kilometers from the enchanting Adriatic coast, this prime piece of real estate presents endless possibilities.

A Growing Landscape

The surrounding area of Grbalj is experiencing vibrant growth and development. As this picturesque region attracts more attention from both locals and tourists, the demand for thoughtfully designed spaces is on the rise.

Consider these nearby points of interest that enhance the allure of the location:

– **Scenic Beaches**: The stunning beaches of the Adriatic Sea, a mere stone’s throw away, invite vacationers and retirees alike.
– **Cultural Richness**: Kotor, a UNESCO World Heritage site, offers a treasure trove of historical landmarks, lively festivals, and local cuisine, ensuring a vibrant atmosphere.
– **Accessibility**: With essential infrastructure already in place, including well-maintained roads, reliable water supply, and electricity, connecting to local amenities is seamless.

Development Potential

This land isn’t just a vacant lot; it’s a gateway to sustainable development. Whether aspiring to create an ethnovillage that harmonizes with nature or establishing a state-of-the-art hospital designed to meet modern healthcare needs, the possibilities are as limitless as your imagination.

For example:
– **Eco-friendly Communities**: Imagine a harmonious cluster of homes where nature thrives alongside modern living, attracting those who value sustainability.
– **Health and Wellness Retreats**: Envision a facility that combines medical care with wellness programs, capitalizing on the peaceful surroundings.

This area invites brainstorming and innovation, making it an enticing prospect for developers daring to experiment and push boundaries.

Financial Insights: A Look at Returns

Investing in this property paves the way for attractive rental income. The potential rental market for prefabricated homes in this region suggests a promising venture. Let’s break down the financial opportunities further:

– **Summer Rental Income**: With seasonal tourism peaking, the estimated revenue from rentals could reach 18 000€ annually based on a conservative occupancy rate of 30%.
– **Winter Rentals**: A consistent income source is plausible, with winter rentals expected to yield an additional 5 400€ annually at a 10% occupancy.

This brings the total estimated annual revenue to a promising **23 400€**.

Evaluating Your Investment

When we calculate the return on investment (ROI), the numbers reinforce the viability of this opportunity:

• Initial Investment: 10 900 000€ (calculated at 599€/m²)


• Annual Income: 23 400€


• ROI Calculation: (Annual Income / Investment) x 100 = (23,400 / 10,900,000) x 100 = 0.215%

While the initial ROI appears modest, it’s essential to consider the potential for future appreciation and mixed-use development. As the demand for quality real estate grows in Gorovici, your investment could see substantial returns over time.

The Bright Horizon Ahead

In essence, investing in this land is not merely purchasing property—it’s about stepping into a vibrant community with immense potential. A unique opportunity in an area ripe for growth ensures that your vision can flourish alongside the natural beauty of Kotor. As the area continues to develop, those who seize this chance will find themselves at the forefront of an ever-expanding market, crafting spaces that people will cherish for generations to come.

Embrace the future today and make Gorovici the foundation for your next great venture.