House on Ada Bojana Street - 55,000 euros
Description of the property
A house for sale on the right bank of the Boyana River, located on the territory of a unique nature reserve. The house has a total area of 60 m2 and includes three rooms, a kitchen and one bathroom. There is a parking space on the 800 m2 plot. The area is famous for its beautiful beaches with black volcanic sand, which are ideal for outdoor recreation.
Object Parameters
House size: 60 m2
Land area: 800 m2
Number of rooms: 3
Bathroom: 1
Kitchen: 1
Parking: Yes
Location: right bank of the Boyana River
Description of the area
Ada Bojana is a famous resort area of Montenegro, located in the southeastern part of the country, on the border with Albania. The area is famous for its unique nature, ecologically clean air and black sand beaches. This is a popular place among tourists due to the opportunity to engage in water sports, fishing and enjoy privacy surrounded by nature.
Advantages of buying a property
Investment attractiveness: Ada Boyana area enjoys steady demand among tourists. The house can be rented for 80-100 euros per day in high season, which will provide an income of up to 10,000 euros in the summer.
Location: The distance from major cities and transport accessibility make this place ideal for a relaxing holiday.
The prospect of obtaining a residence permit: Buying a property in Montenegro worth 50,000 euros or more may be the basis for obtaining a temporary residence permit.
Real estate market analysis
Over the past five years, property prices in the Ada Boyana area have increased by 25%. The increase in demand is due to an increase in the tourist flow and infrastructure development. In 2018, the cost of similar facilities was about 44,000 euros, while in 2023 the average price reached 55,000 euros. Experts predict a further increase in prices in the range of 5-7% per year.
Usage possibilities
Permanent residence.
Rent during the tourist season.
Conversion into a private mini-hotel.
This house is an ideal solution for those who are looking for comfortable holiday accommodation or a profitable investment in a tourist area of Montenegro.
House for sale on Ada Bojana with a large plot. It is located on the right bank of the Boyana River. There are beautiful beaches with black volcanic sand near the house. The house has an area of 60 m2 , a plot area of 800 m2. The house has three rooms, one bathroom, kitchen. Parking space. A very comfortable place to relax and enjoy nature.