Family House in Savina

Explore the Allure of Savina: An Investment Worth Pursuing

Savina, a charming enclave of Herceg Novi, presents an idyllic setting for both leisure and investment. With its verdant landscapes and proximity to the sparkling Adriatic Sea, this area has become a sought-after destination for families and investors alike. This family house not only serves as a cozy retreat but also offers a lucrative investment opportunity for those looking to capitalize on the thriving rental market.

Location and Accessibility

The location of this property is truly unbeatable. Situated just 400 meters from the inviting shores of the Adriatic and a mere 5-6 minute walk to the vibrant old town center, residents can easily immerse themselves in the local culture and scenic beauty. Here are some key points about the area:

– **Proximity to Key Attractions**: Enjoy easy access to historical sites, charming cafes, and picturesque beaches. The old town’s cobblestone streets are alive with history and culture.
– **Convenient Transport Links**: With nearby bus stations and connections to larger cities, exploring the stunning Montenegrin coast becomes effortless.
– **Local Amenities**: Restaurants, grocery stores, and recreational facilities are within walking distance, enhancing the ease of daily living.

The Enchanting Surroundings

Savina is not just about its location; it is about a lifestyle deeply connected to nature and community. The lush Mediterranean flora surrounding the property offers a sense of serenity and privacy. Take a moment to imagine spending warm summer evenings in your garden, surrounded by blooming bougainvillea, sipping local wine while enjoying the sights and sounds of nature.

– **Outdoor Activities**: Engage in hiking, swimming, or simply basking under the Mediterranean sun. The vibrant culture of Herceg Novi, with its festivals and events, adds another layer of enjoyment.
– **Natural Beauty**: The stunning backdrop of mountains against the azure sea creates a picturesque environment that feels like a movie set.

Investment Potential Beyond the Numbers

Investing in this family home transcends mere calculations and financial projections. Think of it as a seed planted in rich soil, destined to grow into a flourishing tree bearing fruit. The dual income potential provided by the property’s two studio apartments further enriches this opportunity.

– **Hospitality Potential**: The property can serve as a charming getaway for tourists, tapping into the increasing visitor numbers in Herceg Novi. The blend of cultural experiences and beautiful landscapes makes it an attractive destination.
– **Long-term Growth**: Montenegro’s real estate market is on the rise, especially in coastal areas like Savina. As more people discover this hidden gem, property values are anticipated to appreciate, providing a sound return on investment over time.

Maximizing Your Return on Investment

The proposed ROI analysis suggests significant earning ability, especially during the peak tourist seasons. Here is a more detailed breakdown of potential income:

– **Summer Rentals**:
– Main Apartment: 200€ per night x 30 nights x 70% occupancy = 4 200€
– Studio Apartments: 2 x 100€ per night x 30 nights x 70% occupancy = 4 200€
– Total Summer Income ≈ 16 800€

– **Winter Rentals**:
– Lower rate at 80€ per night x 50% occupancy for 5 months = 6 000€
– Total Annual Gross Income ≈ 22 800€

Ultimately, with a purchase price set at 605 000€, the anticipated return on investment would hover around 4.14%. This figure represents not just an attractive financial opportunity but a chance to partake in the burgeoning appeal of Montenegrin real estate.

Conclusion: A Unique Opportunity Awaits

This family house in Savina marries comfort with investment potential, offering a perfect entry point for both individual homeowners and savvy investors. With its enviable location, comprehensive amenities, and dual rental income prospects, it holds the promise of both a delightful home and a wise financial decision. Don’t miss out on the chance to secure a slice of paradise while embracing the Mediterranean lifestyle. Choose Savina, where your investment can flourish as beautifully as the surrounding nature.