Large plot with a house in Sutomore, Hai Nehai district — 300,000 euros
Characteristics of the property
Type: Plot with house
Location: Sutomore, Hai Nehai district, Montenegro
Plot area: 1,200 m2
Price: 300,000 euros
Infrastructure: water and electricity are supplied, the plot is fenced with a stone fence
Distance to the sea: 1.5 km
Advantages: beautiful sea and mountain views, spacious plot
Description of the object and features of the site
A spacious plot of 1,200 m2 is offered for sale, located in the popular Hai Nehai area, Sutomore city. There is a house on the plot that can be used for living or upgraded into a cottage, guest house. City communications (water and electricity) are connected, which makes this facility fully ready for development and further improvement.
The territory is fenced with a stone fence, which provides privacy and a calm atmosphere. The view of the sea coast and mountain landscapes will be an important advantage for those who appreciate the nature of Montenegro.
Potential for investment and profitability
The property is suitable for development, construction of a residential building or several apartments for rent. The location just 1.5 km from the sea increases its rental potential, especially in the season when the cost of short-term rentals can be high. Out of season, real estate is also easy to rent due to the mild climate and growing tourist demand in Sutomore.
Advantages of purchasing real estate in Montenegro
With the purchase of this object, you can consider the possibility of obtaining a residence permit in Montenegro. The country's legislation allows foreigners to obtain a residence permit when purchasing real estate, which opens up additional prospects for both permanent residence and seasonal recreation.
Real estate market and price dynamics in Montenegro
Over the past five years, the real estate market in Montenegro has shown steady growth. The demand for land and housing in coastal areas such as Sutomore is increasing, especially among European buyers, due to the attractive combination of climate, convenient location and affordable prices.