Urban Land in Bigova 659m²

A Golden Opportunity in Bigova: Your Coastal Investment Awaits

Are you seeking a lucrative investment in one of Montenegro’s most enchanting locales? Look no further than this exceptional urban land in Bigova, a hidden gem nestled along the breathtaking coastline of Kotor. This 659m² plot, located just a stone’s throw away—merely 100 meters—from the azure sea, is a prime canvas for your architectural vision.

Location, Location, Location

Bigova is not just a village; it’s a vibrant coastal community brimming with potential. Surrounded by stunning natural beauty, from rugged mountains to serene beaches, this area offers an unparalleled lifestyle that attracts both locals and tourists. Just imagine waking up to the sound of waves lapping against the shore and enjoying a morning coffee on your terrace overlooking the breathtaking scenery.

The proximity to essential services and amenities enhances this plot’s appeal. The availability of electricity and water makes it particularly attractive for construction, ensuring that your project can commence without delay. Additionally, the strategic location allows for easy access to nearby towns and attractions, making it a prime spot for potential travelers and renters.

Blueprint Your Vision

With comprehensive urban planning permissions in place, you are empowered to construct a building with a total area of up to 336m², spread across multiple levels, including ground and loft spaces. This flexibility opens the door to various possibilities: imagine designing a cozy seaside retreat that perfectly complements the natural surroundings or an elegant rental property that appeals to discerning tourists seeking comfort and luxury.

List of Potential Developments:
– **Luxury Villas**: Attract high-net-worth individuals looking for a summer escape.
– **Boutique Rentals**: Cater to the growing demand for short-term accommodations in the area.
– **Cafés and Shops**: Create a community hub by establishing charming eateries or retail spaces.

Unleashing Investment Potential

The landscape of Montenegro’s real estate market is evolving, and with it, the demand for quality accommodations is on the rise. By investing in this urban land, you’re not just purchasing property—you’re opening the door to a world of opportunities and rewards.

The potential return on investment (ROI) for a rental property developed on this plot is incredibly promising. As outlined earlier, if you construct a prefabricated house at a cost of approximately 599€/m², the investment total would be around 394 941€.

Yield Calculation (Simplified)

To illustrate the financial benefits:
– **Nightly Charge**: 150€
– **Summer Occupancy Rate**: 70% (approximately 62 days of the season)
– **Winter Occupancy Rate**: 30% (approximately 90 days)
– **Annual Income Estimation**: 17 550€
– **Estimated Net Income After Expenses**: 13 000€

Considering the total investment, your ROI amounts to roughly 3.3% annually—a tempting figure for any savvy real estate investor.

Why Now is the Time to Invest

Kotor is not merely a place; it’s a lifestyle waiting to be embraced. The current trajectory of tourism and local development is a powerful indicator of the transformative potential of this area. With ongoing improvements in infrastructure and increasing international interest, the time to invest in Bigova is now.

Whether your goal is to build a serene family retreat or to develop a high-demand rental property, this urban plot provides the perfect foundation to turn your vision into reality. Don’t let this remarkable opportunity slip away—contact us today and take the first step toward securing your slice of paradise in Bigova, Montenegro!