Land for sale 1 060m2 in Sutomore, Montenegro - 159 000€

In the picturesque area of Sutomore, there is a plot of land that is perfect for building a residential or commercial facility. Its convenient location and well-developed infrastructure provide comfort both for permanent residence and for doing business.

The land area is 1,060 m2. The flat terrain makes it possible to prepare it for the construction of a private house, an apartment hotel or an apartment complex at no additional cost. All necessary communications are located nearby, and convenient access roads make the territory accessible for machinery and construction.

The area has a well-developed infrastructure. Supermarkets, cafes, pharmacies, a school and other social facilities are located within walking distance. This provides convenience for future residents or guests if the site is used for tourism business.

Sutomore is one of the most popular resorts in Montenegro, attracting travelers due to its mild climate, clean beaches and convenient location between the major cities of Bar and Budva. The beach and the promenade are only 700 meters away, which makes the site especially attractive for investment projects in the hotel business or rental housing.

The Montenegrin real estate market is steadily growing, and the value of land in coastal areas has increased by an average of 30% over the past five years. This makes the purchase of a land plot a profitable investment with the possibility of subsequent development and sale or rental of real estate. In the case of the purchase of land and the construction of an apartment building, the owner has the opportunity to obtain a temporary residence permit, which is an additional advantage.