Profitable Investment Real Estate For Sale in Lustica Bay, Montenegro
Lustica Bay, is a purpose-built luxury resort town located on Montenegro's Adriatic coast, and more exactly situated on the Lustica Peninsula.
The luxury real estate options available are attractive to private buyers and real estate investors, plus the location being close to Boka Bay, the town of Tivat, and a 10-15 km trip to Tivat Airport, all adds to the attractiveness of the resort.
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
