Land in Kotor, 20,000 m2

Unlocking Your Investment Potential in Kotor

A Jewel in the Adriatic

Situated within the captivating coastal charm of Kotor, this expansive 20,000 m² land offers you a tapestry of opportunity woven with the threads of natural beauty and burgeoning development. Just a mere 6 kilometers from the sun-drenched Jaz Beach and 2 kilometers from the tranquil shores of Ploče Beach, this parcel of land is not only a site for investment but a gateway to a lifestyle enriched by Montenegro’s stunning scenery.

Imagine a place where the mountains embrace the sea, where history echoes through charming streets, and where modernity meets tradition. Kotor is renowned for its UNESCO World Heritage-listed old town, bustling with cafes, shops, and cultural events. As an investor, tapping into this environment means more than just capital—it’s about unlocking the lifestyle of your dreams.

Location Advantages

Kotor serves as a strategic hub for both locals and tourists. With easy access to key locations, your potential development could thrive spectacularly. Here are a few perks of investing in this land:

– **Prime Accessibility**: Direct access to an asphalt road makes transportation seamless for both residents and visitors.
– **Tourist Magnet**: Nearby beaches and attractions draw in holiday-goers year-round, ensuring steady foot traffic and interest.
– **Emerging Market**: Kotor’s real estate sector is on the rise, fueled by increasing investments and an influx of international buyers.

Visionary Development Options

This land isn’t just a plot; it’s a canvas awaiting your visionary brushstrokes. The possibilities are endless, whether you aim to build:

– A luxury villa that caters to high-end travelers seeking exclusivity.
– A boutique hotel that offers unique experiences tailored to the cultural richness of the area.
– Prefabricated homes that can serve as seasonal rentals, maximizing your investment potential.

By choosing to develop this property, you provide not only a place to stay but also a delightful experience of the Montenegrin lifestyle.

Profitability Analysis

The prospect of generating substantial returns on your investment is profound. By utilizing the option to construct prefabricated homes, you can create up to 33 rental units. Let’s break down the financials for clarity:

1. **Initial Investment**: 814 000€ for 20,000 m² of prime land.
2. **Construction Costs**: Building homes at 599€/m² would total approximately 1 182 000€.
3. **Rental Income**:
– Summer: 1 200€/month per unit, with an average occupancy rate of 75%.
– Winter: 600€/month per unit, with an average occupancy rate of 40%.

With these figures, the rental income could skyrocket to around 240 000€ annually, creating an outstanding platform for return on investment.

Annual Revenue Projection

When factoring in both summer and winter rentals, your return on investment can be remarkably attractive. Here’s a quick overview:

– **Summer Earnings**:
– Total units: 33
– Monthly income in summer: 1 200€ x 33 units x 6 months (assuming the peak season) = 238 800€
– **Winter Earnings**:
– Monthly income in winter: 600€ x 33 units x 6 months = 118 800€
– **Total Estimated Annual Revenue**: 238 800€ + 118 800€ = 357 600€

With operational costs considered, the projected ROI stands at a healthy 32%, highlighting the property’s potential as an investment powerhouse.

Final Thoughts

Investing in land in Kotor is more than just a financial decision; it’s an opportunity to become part of a thriving community nestled in one of Europe’s hidden gems. Engage with the potential of this stunning location, and envision the beautiful developments waiting to be realized. Connect with us today to explore this unique investment tailored for success!