Urbanized plot for sale in Herceg Novi - price 63,000 euros
Main Features
Location: Genovici, Herceg Novi
Land area: 360 sq.m
. Building coefficient: 1.2
Number of floors: The possibility of building a residential building with 4 floors
Ground floor: Closed garage
Second, third and fourth floors: Apartments
Distance from the sea: 10 minutes on foot
Communications: City services are connected
Additionally: A well with spring water and a prepared preliminary design of the building, which can be changed at the request of the owner
Description of the site and area
For sale a magnificent urbanized plot in the picturesque village of Genovici, located 10 minutes walk from the coast. The plot with a total area of 360 sq.m is ideal for the construction of a residential building with apartments. From all floors there is a fascinating view of the picturesque bay and majestic mountains, which makes it a great place to stay and relax.
Genovici is a small resort village, which is famous for its cozy atmosphere, clean beaches and developed infrastructure. The village has all the necessary amenities: shops, restaurants and bars, as well as proximity to major cities such as Herceg Novi and Tivat, where you can find a wider range of services and entertainment activities.
The advantages of buying this site
By purchasing this plot, you get the opportunity to build your own house or apartment complex that can be rented out. Given the popularity of this region among tourists, you can expect rental income in the amount of 50 to 100 euros per night, depending on the season and comfort level.
In addition, Montenegro offers foreign citizens the opportunity to obtain a residence permit (residence permit) when buying real estate in the amount of 250,000 euros or more. This makes this offer especially attractive for those who are considering moving or staying in Montenegro for a long time.
Analysis of real estate price growth in Montenegro
Over the past 5 years, real estate prices in Montenegro have been showing steady growth. The average annual increase in residential real estate prices is about 5-7%, depending on the region. In recent years, there has been increased interest in resort areas such as Herceg Novi and its surroundings, which also has a positive effect on land prices and finished real estate.
Conclusion
This urbanized plot in Genovici is a great opportunity for those who want to invest in real estate in Montenegro. It is suitable both for building your own house and for creating a commercial facility with subsequent rental. Don't miss the chance to become the owner of this attractive plot! Contact us for more information and to arrange a viewing.
