House for sale with an urbanized plot in Petrovac — 262,500 euros
An excellent offer for investors and private buyers! The house with a total area of 140 m2 is located on a plot of 400 m2 in Petrovac. The construction of a five-storey building (ground floor + 4 floors) is allowed on this site, which opens up wide opportunities for increasing living space and income.
The main parameters of real estate
Price: 262,500 euros
House size: 140 m2
Plot size: 400 m2
Number of floors of the existing house: 2 floors (ground floor and ground floor)
Construction possibilities: the construction of a 5-storey building is allowed
Finishing and renovation: the house was renovated in 2016
Location: near the bus station, within walking distance from all major infrastructure facilities
On the ground floor of the house there is a cozy living room, kitchen, two bedrooms and a bathroom. The ground floor includes four bedrooms, four terraces, a storage room and a bathroom. Spacious terraces allow you to enjoy magnificent views and relax in the fresh air.
Advantages of buying and using
This house with an urbanized plot is not only a comfortable accommodation, but also an excellent investment opportunity. The possibility of building a five-storey building allows you to increase rental or resale income in the future. The plot is ideal for the construction of apartments, a hotel business or a family villa.
Taking into account the high tourist demand in Petrovac, renting out can bring owners a stable income. Depending on the season and the type of property, the average rent can be 800-1500 euros per month for individual apartments.
Obtaining a residence permit in Montenegro when buying real estate
Buying real estate in Montenegro makes it possible to obtain a residence permit (residence permit). This simplifies staying in the country, access to local social services and medical care, as well as the possibility of free movement on the territory of Montenegro and other Balkan countries.
Real estate market in Montenegro: price growth
Montenegro attracts both tourists and investors, which contributes to a steady increase in real estate prices in resort areas such as Petrovac. Over the past 5 years, real estate prices on the coast have increased by an average of 6-8% annually, which makes buying real estate in this region a profitable long-term investment.
Conclusion
A house in Petrovac is not only a great place to stay, but also a promising investment. The possibility of expanding construction, a good location close to transport infrastructure and high tourist demand makes this property ideal for both personal use and commercial purposes.