Urbanized plot in Tivat – 100,000 euros
Object Parameters
Cost: 100,000 euros
Status: urbanized area
Suitable for building a house
Communications are connected: water and electricity
Paved entrance
Location description Tivat is a dynamically developing seaside town in Montenegro, located on the coast of the Bay of Kotor, surrounded by picturesque beaches and at the foot of the Vrmac ridge. In recent years, the city has undergone a significant transformation, including the construction of a modern waterfront and a prestigious marina. This comprehensive approach to infrastructure development has increased the tourist attractiveness of Tivat, making it a promising place for real estate investments.
Advantages of the plot The plot is urbanized and is ideal for the construction of a private house or a small hotel. The availability of all necessary communications and a convenient entrance facilitates the construction process. Due to the high tourist interest in the region, investing in this site can bring stable rental income, especially during the holiday season.
Economic prospects and investment potential The real estate market in Montenegro has seen steady positive dynamics over the past five years, despite fluctuations against the background of global economic factors. On average, real estate in Montenegro grew in price by 5-7% annually. Forecasts indicate a likely continuation of this trend, especially in such tourist-developed areas as Tivat.
Additional advantages When buying real estate in Montenegro, it becomes possible to obtain a residence permit, which is especially important for those who consider the country not only for recreation, but also for a long-term stay.