Restored Stone House Steps from the Sea

Investment in Paradise: Unlocking the Potential of a Coastal Jewel

Nestled in the serene village of Liptsy, just a stone’s throw from the mesmerizing Bay of Kotor, lies a splendidly restored stone house that is poised to captivate both those seeking a dream retreat and astute investors. This remarkable property is not merely a home; it’s a gateway to one of Montenegro’s most enchanting locales, where every sunrise paints the sky with vibrant hues and the sound of waves creates a natural melody.

Location and Accessibility

Positioned a mere 100 meters from the inviting waters and just 200 meters from a pristine public beach, this property boasts accessibility that few can rival. Visitors can easily explore the charming village or venture to nearby attractions like:

– **Kotor Old Town**: A UNESCO World Heritage site renowned for its rich history and stunning architecture.
– **Perast**: A picturesque town known for its beautiful baroque palaces and serene islets.
– **Lovćen National Park**: Offering breathtaking views and hiking trails, ideal for nature enthusiasts.

Such proximity to these points of interest not only enhances your personal experience but also significantly boosts the rental appeal for potential guests looking for a strategic base to explore the region.

Modern Comfort Meets Rustic Charm

Each of the four studio apartments is a blend of rustic charm and contemporary conveniences. With kitchenettes designed for self-catering, private bathrooms for indulgent comfort, and terraces that offer impressive views of the bay, guests will feel pampered while enjoying the warmth of a family-style atmosphere. The property’s private courtyard, enveloped in the sweet scent of lush fruit trees, invites you to savor moments of tranquility, whether sipping morning coffee or sharing evening meals under the stars.

Strategic Investment for Future Growth

The potential for profit from this enchanting property is considerable. Imagine not just owning a slice of paradise but also capitalizing on its lucrative rental opportunities. The Kotor region is a sought-after destination, attracting tourists year-round, particularly during the summer when the Mediterranean allure reaches its peak. Here are just a few reasons why this property promises a handsome return on investment:

– **Rising Tourism**: The Bay of Kotor is a magnet for holidaymakers and adventurers alike, with increasing numbers visiting each year.
– **Diverse Rental Market**: The ability to rent out the individual studios separately caters to a wider audience, from solo travelers to families.
– **Potential for Development**: The option to convert the property into a single-family home could further increase its value.

ROI Calculation

When considering the financial viability of your investment, let’s break down the projected earnings. If each studio rents for a modest 100€ per night during the peak summer season and 50€ during the winter, the potential earnings soar:

– **Annual Revenue Calculation**:
4 studios x (100€ x 90 days + 50€ x 90 days) = 36 500€.

– **Estimated Expenses**: With maintenance and utilities averaging around 8 000€ annually, your net profit is clear:

– Net Profit: 36 500€ – 8 000€ = 28 500€

– **Initial Investment Cost**: The property cost is set at 250 000€.

Thus, the ROI comes to an impressive **11.4%**, reinforcing your decision to invest in not just a property, but a lifestyle infused with the charm of coastal living.

Final Thoughts

This beautifully restored stone house is not merely a great investment; it’s an invitation to experience Montenegro’s captivating lifestyle. With its breathtaking views, abundant outdoor space, and tremendous rental potential, you are not just purchasing a property; you are investing in a thriving future. Don’t miss out on the opportunity to own this unique coastal escape—it might just be the best decision you ever make!