Apartment for Sale in Đenovići, Herceg Novi

Exploring the Gem of Đenovići: A Coastal Investment Opportunity

When searching for a property that beautifully combines tranquility and investment potential, look no further than this charming apartment in Đenovići, Herceg Novi. Nestled within a scenic coastal landscape, this impressive 1-bedroom apartment is more than just a residence; it is your gateway to a vibrant lifestyle and profitable opportunities.

A Vibrant Community Awaits

Đenovići is not just a place to live; it’s a community rich with cultural charm and natural beauty. Picture yourself strolling along the waterfront promenade, where the scent of saltwater mingles with the aroma of local cuisine from nearby cafés and restaurants. The area boasts a variety of points of interest, from the historical Fortica Fortress to the lush greenery of local parks, all just a stone’s throw away.

Development in the Surroundings

Recent years have witnessed a surge in development in Herceg Novi and its surroundings. New infrastructure, including enhanced roads, improved public transport, and an array of shops, have made this area more accessible than ever. As tourism numbers continue to rise, local businesses are thriving, creating a bustling atmosphere. The potential for growth in property values is substantial, positioning Đenovići as a prime investment spot.

Nearby Attractions

The location of this apartment offers easy access to various attractions, ensuring tenants have plenty to explore. Here are a few highlights:

– **Beautiful Beaches**: Explore stunning beaches like Kumbor and Meljine, perfect for swimming, sunbathing, and water sports.
– **Historical Sites**: Visit the ancient old town of Herceg Novi, full of charming streets and historical architecture.
– **Outdoor Adventures**: Enjoy hiking trails in the surrounding hills, offering breathtaking views of the Adriatic coastline.
– **Culinary Delights**: Indulge in a culinary journey through local eateries that feature fresh seafood and Montenegrin cuisine.

Ideal for Rentals

As traveler trends lean toward discovering less commercialized locales, Đenovići stands out as a sought-after destination. The appeal to both domestic and international tourists provides a lucrative opportunity for short-term rentals. This apartment’s layout and proximity to the sea can attract vacationers looking for a relaxing place to stay, ensuring steady rental demand year-round.

Analyzing the Rental Potential

Considering the area’s growth and tourism appeal, let’s delve deeper into the financial benefits of owning this apartment. The calculation of ROI (Return on Investment) lays the foundation for understanding your financial journey.

– **Projected Rental Income**: As mentioned, during peak summer months, rentals can yield about 70€ per night for three months. In the off-season, maintaining a rental price of 30€ per night for three months can provide consistent returns.

– **Calculating Your Earnings**:

– Summer Income: 3 months × 30 days × 70€ = 6 300€
– Winter Income: 3 months × 30 days × 30€ = 2 700€
– Total Annual Income: 6 300€ + 2 700€ = 9 000€

This annual derived income significantly enhances the property’s appeal.

Revisiting the ROI Analysis

Reassessing the initial ROI calculations based on anticipated rental income, we find the potential returns even more promising:

ROI = (Annual Income / Property Price) x 100 = (9 000€ / 100 000€) x 100 = 9%

Your Future Starts Here

This beautiful apartment in Đenovići represents a defining moment in your investment journey. With a reachable ROI of 9% and a picturesque location that offers both relaxation and adventure, this property not only serves as a cherished home but also promises a bright financial future. Seize the opportunity to secure your piece of paradise in Montenegro’s stunning coastal haven today!