Old Stone House Near the Sea

Invest in Your Future with This Coastal Gem

Imagine waking up each morning to the soothing sound of waves lapping against the shore, your windows framing picturesque views of the Adriatic Sea. This charming old stone house near the enchanting town of Kotor is more than just a property; it is an opportunity to embrace a lifestyle that many only dream of. With a fantastic 1,938 m² lot, this home invites you to breathe life into its walls and create a sanctuary that reflects your personal style.

Surrounding Developments: A Thriving Community

The area surrounding Kotor is evolving rapidly, with increased investments in infrastructure and local businesses. The local government has recognized the potential of Kotor as a tourist hotspot, leading to improvements in public transport, recreational parks, and hiking trails. As the region attracts more visitors, businesses flourish, and the demand for rental properties rises. Investors can benefit greatly from this upward trend.

Consider the vibrant community events that occur throughout the year: local markets featuring artisanal crafts, seafood festivals celebrating the region’s culinary heritage, and cultural performances that showcase Montenegro’s rich history. Such activities not only add to the charm of Kotor but also enhance the value of properties in the vicinity, making your investment increasingly lucrative.

Local Attractions: Immerse Yourself in Beauty

Life near this old stone house is steeped in beauty and adventure. Within a short distance, you can explore:

– **Kotor’s Old Town**: A UNESCO World Heritage site, filled with historical architecture and cobblestone streets that beckon wanderers.
– **St. John’s Fortress**: Hike up to this incredible vantage point for panoramic views that will leave you breathless.
– **Cetinje**: The historic capital, home to stunning monasteries and beautiful landscapes perfect for a day trip.
– **Perast**: A tiny coastal town that offers a glimpse into Montenegro’s maritime history, complete with charming islands just off the coast.

These attractions not only enhance your own experience but significantly increase the rental appeal of your property, attracting tourists and locals alike.

The Mediterranean Lifestyle Awaits

The spacious layout of the house presents various possibilities for relaxation and recreation. Imagine transforming the outdoor space into a vibrant garden filled with Mediterranean herbs, citrus trees, and blooming flowers, creating an oasis of tranquility right at your doorstep. The large terrace can serve as a perfect backdrop for evening gatherings—whether sharing a glass of wine with friends as the sun sets or hosting a lively barbecue.

With Italy and Greece just a boat ride away, the allure of the Mediterranean lifestyle is not just a dream; it’s within reach.

Strategic Investment: A Sound Financial Decision

Investing in this old stone house is not only about lifestyle; it is about making a sound financial choice. To break it down:

– **Estimated Peak Season Rental Income**: 100€/night for 90 nights = 9 000€
– **Estimated Winter Rental Income**: 50€/night for 150 nights = 7 500€
– **Total Annual Rental Income**: 16 500€

With an estimated renovation cost of 50 000€ and annual maintenance expenses of 2 500€, your net profit annually would be in the ballpark of 5 000€.

ROI Analysis: The Numbers Speak for Themselves

A simple analysis shows the potential return on investment (ROI):

– **Net Profit**: 5 000€
– **Total Investment**: 50 000€

This leads to an impressive annual ROI of 10%, validating this property as a wise investment in the picturesque region of Kotor.

Conclusion: Your Coastal Dream Awaits

Seize the opportunity to own a piece of coastal paradise. This charming old stone house is more than a home; it is a canvas for your dreams and a gateway to a flourishing investment. The blend of natural beauty, rich culture, and promising returns makes this an unparalleled opportunity for discerning investors. Embrace the Mediterranean lifestyle and watch your investment flourish in the heart of Montenegro.