Charming House in Zelenika with Garage

Experience the Allure of Zelenika: A Sound Investment Awaits

If you are seeking a tranquil yet vibrant lifestyle, this charming house in Zelenika is a gem just waiting to be discovered. With the Montenegrin coast as your backdrop and the lively centers of Herceg Novi nearby, this locality offers the perfect mix of serene living and easy access to urban delights.

Surrounding Development

Zelenika is rapidly evolving, making it an attractive location for savvy investors. Recent developments have introduced modern amenities, including shopping centers, restaurants, and recreational facilities that cater to both locals and tourists. The local government has also proposed further infrastructure enhancements, ensuring that the area will flourish in the coming years. Imagine the possibilities—for a residential retreat or a lucrative rental property, Zelenika is poised for growth.

Natural Beauty and Points of Interest

Life in Zelenika means being surrounded by stunning landscapes and amenities designed for enjoyment and relaxation. The nearby beaches are perfect for sunbathing, swimming, and water sports, offering a slice of paradise. Moreover, the majestic hills provide numerous hiking trails, where you can experience breathtaking views and the tranquility of nature.

Local points of interest include:

– **The Coastal Promenade**: A picturesque walking path lined with cafes and shops offering the essence of Montenegrin lifestyle.
– **Historic Herceg Novi**: Just a short drive away, this charming town is known for its rich history and vibrant culture, housing various festivals and events throughout the year.
– **National Parks**: Close proximity to parks such as Durmitor and Skadar Lake allows for excursions that connect you with the region’s stunning biodiversity.

Cultural Enrichment

Investing here doesn’t just mean owning a property; it means being part of a community rich in culture and tradition. The locals are welcoming, and the annual events, including traditional festivals, culinary fairs, and music concerts, allow you to immerse yourself in Montenegrin culture.

Investment and Profitability Analysis

The investment potential of this property is not just a promise; it’s a tangible opportunity. Envision your investment flourishing as the area continues to develop and attract visitors. With rental demand on the rise, securing tenants year-round—or capitalizing on the summer tourist influx—turns this home into a lucrative asset.

Future Trends in the Real Estate Market

The Montenegrin real estate market is on an upward trajectory. Analysts predict that as Montenegro becomes more popular among international buyers, specifically targeting areas like Herceg Novi, property values will see significant appreciation. This charming house, with its ample garden space and community feel, stands out among the competition.

ROI Calculation Revisited

Let’s break down the numbers to illustrate the potential profitability more clearly:

– **Purchase Price**: 200 000€
– **Estimated Summer Rental Income**: 1 200€ per month
– **Estimated Winter Rental Income**: 600€ per month

Calculating annual income:

– Summer Income (April – September, 6 months): 1 200€ x 6 = 7 200€
– Winter Income (October – March, 6 months): 600€ x 6 = 3 600€

Total Annual Income: 7 200€ + 3 600€ = 10 800€

Now, with the updated figures, if you were to sell the house for 250 000€ in a couple of years, your return on investment could indeed skyrocket.

Using the simple ROI formula mentioned earlier:

(b) Annual Income / Purchase Price) x 100 = (10,800 / 200,000) x 100 = 5.4% – and this figure can substantially increase as property values appreciate.

In summary, this charming house in Zelenika represents not just a dwelling but an exceptional investment opportunity poised for significant growth. Dive into the potential, embrace the serene lifestyle, and watch your investment flourish in this picturesque corner of Montenegro!