Land for Sale in Risan

Unlock the Tranquility of Risan: A Wise Investment Choice

Investing in land in Risan, Kotor is not just about acquiring a property; it’s about seizing a golden opportunity in one of the most enchanting locales along the Adriatic coast. This urbanized plot of 1,588 m² is a blank canvas awaiting your vision, situated just a short stroll from the azure waters of the sea. Imagine the potential this land holds, nestled within a charming village that boasts a rich history and an ever-growing appeal to both tourists and residents alike.

A Pearl in the Boka Kotorska Bay

Risan is strategically positioned in the breathtaking Boka Kotorska Bay, surrounded by stunning landscapes and vibrant culture. Known for its serene atmosphere, this village is not just a place to invest; it’s an invitation to experience the joys of coastal living.

– **Historical Significance**: Risan is home to ancient Roman mosaics, which are a testament to its rich past, drawing history enthusiasts from around the world.
– **Cultural Activities**: The local community hosts various festivals and events year-round, enhancing the village’s cultural vibrancy and bringing residents and visitors together.

Moreover, the surrounding development is promising. With new infrastructure projects underway, the accessibility and attractiveness of Risan are expected to rise, making it an ideal location for both residential and recreational development.

Infrastructure and Convenience

Convenience is another key attraction of this land. Its proximity to essential amenities adds significant value to your investment:

– Hospitals and medical facilities for peace of mind.
– Supermarkets to cater to daily needs.
– Restaurants offering local delicacies and dining experiences.
– Parks and beaches for relaxation and recreation.
– Gas stations for easy travel.

This well-rounded accessibility ensures that your future project remains appealing to a broad spectrum of potential buyers or renters.

Realizing Development Potential

The land’s development coefficient of 1 combined with a land use rate of 0.35 opens numerous avenues for construction. The possibility of erecting a P+1+PK building means you can maximize the land’s potential by either creating multiple residential units or a luxury villa.

Imagine constructing a stunning building that overlooks the serene bay, where future residents can enjoy both luxury and nature. This is more than just an investment in land; it’s about building a lifestyle.

Financial Insights: A Promising ROI

Turning to the financial aspect of this investment, Risan offers excellent potential for generating rental income. With the increase in demand for summer rentals, an investment in a prefabricated house becomes incredibly attractive.

Here’s a snapshot of the possible financial breakdown:

– **Construction Cost**: A 100 m² house can be constructed for approximately 59 900€ (599€/m²).
– **Summer Rental Income**: If rented out for 100€/night for 30 nights, it could yield around 3 000€.
– **Winter Rental Income**: During the winter months, a lower rate of 50€/night for 60 nights could also generate an additional 3 000€.

Summing both seasons, your total annual rental income would reach 6 000€. With an initial investment of 59 900€, the Return on Investment (ROI) stands at a notable:

ROI = (Annual Income / Investment) x 100 = (6 000€ / 59 900€) x 100 ≈ 10%.

This impressive ROI is not only indicative of steady income flow but also hints at the potential for appreciation in property value over time, as Risan continues to attract interest.

Your Opportunity Awaits

Don’t let this chance to invest in Risan slip away. Imagine the satisfaction of developing a property that not only brings you financial returns but also allows you to be part of a captivating community and location. Contact us today to learn more about this exquisite opportunity priced at 407 000€. The project of your dreams in a coastal paradise is just a decision away!