Urbanized Land in Kotor, Kostanjica

Seize a Golden Opportunity in Kotor

A Gem in the Heart of Montenegro

Imagine waking up to the sound of gentle waves lapping against the shore, the majestic mountains painting a breathtaking backdrop. This is the lifestyle that comes with owning urbanized land in Kostanjica, Kotor. This picturesque region is not only renowned for its historical beauty but also for its incredible potential for modern development. With 5,957 m² at your disposal, you have the canvas to create luxurious villas that reflect the stunning coastal environment and appeal to affluent tourists.

Effortless Access to Development

The land stands ready for development, with all necessary utilities and infrastructure already in place. Envision the ease of creation: paved roads leading to your villas, reliable electricity, and a steady water supply. Gone are the worries of basic amenities—the groundwork has already been laid for you. Furthermore, with Urban Technical Requirements (UTU) secured, your ambitions can transition swiftly into reality. This level of preparedness sets this opportunity apart, allowing you to focus on creating a splendid retreat that attracts discerning clients.

Investing in a Promising Future

As an investor, the decision to seize this land translates into more than just acquiring property; it means immersing yourself in a thriving market. Kotor, with its enchanting landscapes and burgeoning tourism sector, is gaining traction as a hotspot for luxury real estate. The breathtaking fjord-like bay, combined with the rich cultural tapestry of the Old Town—a UNESCO World Heritage Site—ensures that visitors flock to this area year-round.

Factors such as the proximity to the Tivat Airport, which is merely a 15-minute drive away, and the expanding local amenities enhance its appeal. Restaurants, shopping centers, and recreational facilities are all within easy reach, creating a well-rounded experience for future villa occupants. The intermingling of natural beauty and modern convenience positions this investment as one that is not only desirable but also sustainably profitable.

ROI Outlook: A Blueprint for Success

When reflecting on potential returns, consider the lucrative nature of the luxury rental market. Constructing 9 villas allows for optimal usage of space and resources. At a projected construction cost of 599€/m², your total investment will be around 2 464 100€ for a total of 4,100 m². Following this, if we evaluate rental income, the summertime allure of Kotor facilitates an income of approximately 1 200€ per week per villa for 20 weeks. In winter, with a rental rate of 400€ for 10 weeks, imagine an annual revenue hover around 144 000€.

ROI Calculation Simplified

– Annual Revenue: 144 000€
– Investment Cost: 2 464 100€
– ROI: 5.84% (Annual Revenue / Investment Cost)

This simple yet effective calculation highlights the viability of your venture, inviting you to watch your investment flourish, just as the flora of the region.

Concluding Thoughts: Discover Your Legacy

Owning urbanized land in Kotor, Kostanjica is not simply about the present; it’s about legacy. As you embark on this journey, you have the opportunity to contribute to the vibrant fabric of this beautiful region—a place that marries rich heritage with luxurious modern living. By investing in this prime location, you ensure not only steady returns but also a stake in a promising future brimming with potential.

Seize this opportunity today, and let your vision reshape the coast of Kotor for generations to come. For further inquiries, please don’t hesitate to reach out to us at: https://www.searealty.me/en/contact.