House with a large plot in Kavacha – 280 000 euros
Main Features
A house with an extensive plot of land in the picturesque Kavach district is for sale. All city communications are carried out, convenient access to the house via an asphalt road. The city center of Tivat is only 10 minutes away by car, which makes this property attractive for both living and rental business.
Potential for use
The plot is ideal for the construction of a private house or an apartment complex with apartments. Proximity to Tivat and good transport accessibility increase rental potential, making real estate a profitable investment. According to forecasts, you can expect a rental rate of 10,000 to 15,000 euros per year, especially during the tourist season.
Infrastructure and features of the region
Kavac is a peaceful area offering scenic views and a favorable climate. Residents have ample opportunities to relax and enjoy the nature of Montenegro. In the immediate vicinity there are beaches, restaurants and the Porto Montenegro marina, popular with tourists and yachting enthusiasts.
Advantages of buying a property in Montenegro
Buying a property in Montenegro can be an excellent solution for obtaining a residence permit. The legislation allows property owners to apply for a temporary residence permit, which simplifies their stay in the country and access to financial opportunities in the region.
Real estate market in Montenegro: trends and analysis
Over the past five years, the real estate market in Montenegro has shown steady growth. The annual increase in prices varies from 5% to 10%, especially noticeable demand is noted in resort areas such as Tivat and Budva. Given the limited supply of land and the growing popularity of Montenegro as a tourist destination, expectations for further price increases are confirmed by current market data and analytics.
