House with 5 Separate Apartments in Perast

Explore the Timeless Charm of Perast

Nestled along the stunning coastline of the Bay of Kotor, Perast is a captivating destination that marries historical elegance with modern conveniences. This charming stone house presents a unique investment opportunity that lets you become part of a town steeped in rich maritime history, all while reaping the benefits of a robust rental market.

Surrounding Developments and Community Appeal

Perast is not only famed for its enchanting architecture and scenic landscapes but is also at the heart of a thriving community focused on tourism and heritage preservation. Surrounded by lush greenery and awe-inspiring mountains, the area creates an inviting atmosphere for both residents and tourists. Recent developments, such as waterfront promenades and restored historical sites, enhance the local appeal, making it a hotspot for visitors from around the world.

– **Proximity to Attractions**: The house is ideally located within walking distance to Perast’s many attractions, including the iconic Our Lady of the Rocks— a man-made island and a popular site for both history enthusiasts and spiritual seekers.
– **Dining and Entertainment**: Sample the region’s culinary delights at nearby local eateries or unwind at charming cafés, offering authentic Montenegrin cuisine and breathtaking waterfront views.
– **Accessibility**: Being a short drive from Kotor and Tivat, major airports are easily accessible, enhancing the property’s attractiveness for international tourists.

Why Invest in Perast?

Investing in properties located in tourist-centric areas like Perast is akin to owning a slice of paradise—one that regularly welcomes guests yearning for both relaxation and adventure. With increasing numbers of travelers seeking unique vacation experiences, the potential for rental income is impressive.

– **Year-Round Tourism**: Perast boasts a mild climate, ensuring a consistent flow of visitors throughout the year. The enchanting beauty of the Bay of Kotor, combined with cultural events and festivals, keeps the town lively.
– **Cultural Richness**: The historical significance of Perast, along with its Baroque architecture, makes it an attractive destination for travelers interested in culture and history.
– **Growing Demand**: The area’s popularity as a vacation spot continues to rise, leading to a strong rental market.

Financial Insights: Unlocking the Investment Potential

This unique property is more than just a dream home; it’s a viable business venture promising recurring revenue. By leveraging the multiple apartments available, you can tap into the lucrative short-term rental market.

Consider this: if you secure an average of 100€ per night for each of the four furnished apartments during peak season (approximately 90 days), that’s a potential income of 36 000€ annually. By adding approximately 12 000€ from winter rentals, the projected annual income could reach an impressive total of 48 000€.

With an estimated total investment of 400 000€, your calculated return on investment (ROI) would be:

ROI = (48 000€ / 400 000€) x 100 = 12%.

This reflects a strong demand for vacation rentals in Perast, underscoring not just the beauty of the location but also its potential for real financial growth.

Conclusion: A Smart Investment Choice

Seize the opportunity to invest in this charming stone house in Perast. With its stunning views, historical significance, and thriving tourism landscape, this property represents an enticing avenue for generating consistent revenue while indulging in coastal living. The promise of fruitful returns and an enriching lifestyle awaits you in this magnificent part of Montenegro. Don’t miss out on making your dream investment a reality!