Realitica classifieds

Excellent plot: Perfect for creating an ECO village.

Type: Land For Sale
District: Ulcinj
Location: Kodre
Price: €60
Land Area: 7.243 m²
From Shore (m): 4000
Beware of fraud: DO NOT wire money

Description: The location of this fantastic property is special: it is very quiet in the middle of nature, and yet it is only 5 minutes away from the center of Ulcinj. It is about a property on a slope, which has been completely cleared. There are about 30 olive trees on the property as well as a water channel. The special location on the slope as well as the structure of the estate are ideal for the construction of a larger residential building as well as for commercial purposes with ECO-VILLAGE.

The size of the plot allows for a large ECO-VILLAGE with at least 15 wooden houses in the middle of nature. Wooden houses can be rented in season (July, August, September) for at least €100 per day. In the low season (April, May, June, October) the income is €75 per day. This generates an annual income of at least €157,000 (!!!). The calculation is based on 60 full rentals in high season and 60 full rentals in low season. With 90 full rentals in high and low season, the income is €236,000 (!!!).

The owner is interested in a quick sale, so the price per square meter has been reduced to only €62/m² instead of €100/m2. Reviews and questions are always welcome.