Three-Bedroom Apartment with Sea View

Seaside Serenity: A Golden Investment Opportunity

If you’re searching for a property that epitomizes serene coastal living while also serving as a rewarding investment, this three-bedroom apartment in Herceg Novi could be your perfect match. Nestled just 50 meters from the stunning Adriatic Sea, this residence offers not only a home but a lifestyle enriched by natural beauty and a vibrant community.

Captivating Coastal Lifestyle

Imagine waking up every day to the harmonious sound of waves gently lapping against the shore. The allure of coastal living is that it invites you to savor both tranquility and adventure. This apartment, spanning a generous 84 m², embraces this lifestyle with its well-designed layout that encourages seamless living. The expansive living room, connected to a modern kitchen, acts as the heart of the home where families come together, and memories are made. Additionally, the well-sized terrace is the ideal spot for alfresco dining or morning coffee with a view that takes your breath away.

Proximity to Attractions

Beyond the apartment’s charming confines lies the vibrant Savina area, which is a true treasure trove of local delights. With its proximity to the beach, you can indulge in a variety of water sports such as kayaking, snorkeling, or simply relaxing under the sun. Within walking distance, you will encounter local shops brimming with artisanal products, cozy cafes offering delicious Mediterranean cuisine, and lively restaurants that tantalize your taste buds. Whether you’re in the mood for a peaceful beach day or a night out on the town, you have everything you need right at your doorstep.

Exceptional Investment Potential

Herceg Novi is not just a paradise for leisure; it is a burgeoning market for savvy investors. The current rental market is thriving, drawing travelers from around the world who are eager to experience the charm of this coastal town. By purchasing this lovely apartment, you aren’t merely acquiring property — you are investing in a lucrative income stream.

Rental Market Insights

To further illustrate this investment’s attractiveness, let’s explore the rental income potential:

• Summer: With peak rental prices around 120€/night, it’s a prime time to attract vacationers looking for a coastal escape.


• Winter: During the off-peak season, rental rates settle at about 80€/night, appealing to those seeking long-term stays in the pleasant Mediterranean climate.

Projected Income Analysis

By assuming a reasonable occupancy rate, you can project your potential earnings:

• Summer Income</: With an assumed occupancy of 60% over 90 days, you can expect:
  
  
  
  • 90 days × 120€ = 10 800€
  
  
  
  


• Winter Income: Assuming a 40% occupancy rate over 270 days, you could earn:
  
  
  
  • 270 days × 80€ = 21 600€
  
  
  
  

Annual Income Summary

Summing up the seasonal incomes gives you an impressive total annual revenue of approximately:

• Total Annual Income: 10 800€ (Summer) + 21 600€ (Winter) = 32 400€

Calculating the net ROI based on your investment of 198 000€ (with assumed annual costs of 3 000€) creates an alluring figure:

• Net ROI = (Income – Costs) / Investment = (32 400€ – 3 000€) / 198 000€ ≈ 16.5%

Why This Property Stands Out

The charming combination of breathtaking views, a prime location, and robust rental prospects ensures that this apartment not only stands out but promises a significant return on investment. As the demand for residential and vacation rentals continues to rise in Herceg Novi, seizing this unique opportunity can lead to financial growth while simultaneously allowing you to relish the joys of coastal living.

In conclusion, this three-bedroom apartment is more than just a property; it’s a gateway to a lifestyle brimming with sunshine, sea, and success. Whether you’re looking to settle down or make a wise investment, this opportunity is not one to overlook. Embrace the synergy of living and earning — your piece of Herceg Novi’s coastal paradise awaits!