Land for Sale in Herceg Novi

Unlock Your Dreams in Herceg Novi

If you’re searching for a prime investment opportunity in a picturesque location, look no further than this exceptional land for sale in Herceg Novi, Kumbor. The breathtaking beauty of the Adriatic coastline and the serene ambiance of the surrounding mountains make this plot a rare find. Spanning an impressive 1,145 m², this property is not just an investment; it’s a gateway to a lifestyle filled with sunshine, sea breezes, and endless possibilities.

A Blossoming Community

Herceg Novi is not just about stunning landscapes; it’s an area primed for growth. The local economy is flourishing, driven by the increasing interest in tourism and real estate development. With new amenities being introduced, including restaurants, boutiques, and recreational facilities, the buzz of community life is palpable. Imagine being part of a community that seamlessly blends tradition with modernity, where each day brings something new to explore.

Proximity to Attractions

The allure of this location extends beyond its beauty; it’s also perfectly situated. Just 400 meters from the coastline, you have immediate access to the captivating beaches of Kumbor and the crystal-clear waters of the Adriatic Sea. Here are a few nearby attractions that make this land even more appealing:

– **Beaches**: Unwind at the serene beaches, enjoying swimming, sunbathing, and water sports.
– **Historical Sites**: Explore the rich history of Herceg Novi with its ancient fortifications and charming old town.
– **Local Markets**: Experience the vibrant local culture by visiting markets that showcase fresh produce and handmade crafts.
– **Hiking Trails**: Discover the breathtaking natural beauty through the hiking trails that wind through the hills.

A Golden Opportunity for Investors

The real estate market in Montenegro, particularly in Herceg Novi, is on the rise. This piece of land offers not just a home, but a potential income-generating asset. The growing popularity of vacation rentals is transforming the housing landscape into a lucrative business model.

To break it down further:
– **Land size**: 1,145 m²
– **Cost of prefabricated home**: 599€/m²
– **Total Investment**: 1,145 m² * 599€ = 685 855€

With your investment in a prefabricated home, the income potential is compelling:
– **Average summer rental**: 150€ per night, with an occupancy of 60 days = 9 000€
– **Average winter rental**: 80€ per night, with an occupancy of 60 days = 4 800€
– **Total Annual Rental Income**: 9 000€ + 4 800€ = 13 800€

Calculating your return on investment:
– ROI: (13 800€ / 685 855€) x 100 = approximately 2.01% per year

This might seem modest at first glance, but remember, the growth of the Montenegrin market and the continual rise in tourism can significantly enhance your ROI in the years to come.

Design Your Future

Picture yourself waking up in your dream home, surrounded by the sights and sounds of nature while being just minutes away from all the amenities. The flat terrain of this plot creates a blank canvas for you to unleash your creativity—imagine a modern villa with expansive terraces that invite sunlight and the gentle sound of waves.

Investing in this land in Herceg Novi is not only a financial decision, but a chance to create your personal sanctuary in one of Europe’s most captivating coastal towns. Don’t let this opportunity slip through your fingers—contact us today and take the first step towards securing your piece of paradise.