Land for Sale in Herceg Novi

A Hidden Gem in Herceg Novi: Land Investment with Endless Possibilities

Nestled in the serene landscape of Mokrine, Herceg Novi, this impressive 34,000 m² land parcel presents an extraordinary opportunity for investors seeking a slice of Montenegrin paradise. With its breathtaking views of the Adriatic Sea, this land isn’t just a property; it’s an invitation to create a vision that harmonizes nature with commerce.

Surrounding Development and Accessibility

Mokrine is rapidly evolving, with infrastructure improvements and growing amenities that enhance the area’s appeal. It’s conveniently located just 12 km from the vibrant coastline, where you can enjoy picturesque beaches, charming cafes, and unique shops. The connection to major roads makes commuting and travel effortless, linking you to local hubs and the historical charm of Herceg Novi itself.

As the region flourishes, the development of local facilities, such as schools, hospitals, and recreational areas, skyrockets its attractiveness. This ensures not only a suitable environment for future residents but also a promising rental market for potential developments.

Potential Points of Interest

Acquiring this land opens the door to unlimited possibilities. Picture developing an eco-friendly agricultural venture that supplies fresh produce to local markets or establishing a boutique resort offering wellness retreats that capitalize on the stunning views.

Consider the following examples of what can flourish on this land:

– **Luxury villas** with private gardens and pool areas that cater to high-end tourists.
– **Agrotourism experiences** where guests can engage in authentic rural life while enjoying modern accommodations.
– **Residential complexes** for locals, answering the growing demand for housing in a vibrant community.

Such developments not only enhance personal wealth but also contribute to the local economy, making it a win-win for investors.

Smart Investment: Analyzing Your ROI

Investing in land is like planting a seed today to reap rewards tomorrow. Calculating the return on investment (ROI) is crucial for any investor. With building costs estimated at 599€/m², and the potential to develop prefabricated homes, the income possibilities become vivid.

Let’s take a closer look at the numbers:

– **Initial Investment**: Building 5 homes (120 m² each) would total 359 400€ (599€ * 120 m² * 5).
– **Annual Rental Income**: At peak rental times, you can earn approximately 66 000€:
– 3 months at 1 000€/month/house yields 15 000€.
– 6 months at 500€/month/house brings in another 18 000€.

After expenditures estimated at 10% (37 440€), your annual profit would be around 28 560€.

Vision for the Future

With these figures, the projected ROI stands at approximately 8%, painting a picture of financial gratification. This investment encapsulates the essence of smart strategic planning where natural beauty meets financial acumen.

Ultimately, land in Herceg Novi is not merely a plot; it’s a canvas for your next big project. Imagine molding this pristine area into a flourishing retreat, residential community, or vibrant agricultural enterprise. The choice is yours, but the potential is vast. Seize this chance to secure a promising future in one of Montenegro’s celebrated locations. Your dream investment is waiting in Herceg Novi!