Hotel with 11 Apartments in Meljine

Unlocking Potential in Meljine: A Gateway to Investment Success

Investing in real estate is more than just a financial commitment; it’s an opportunity to be part of a thriving community and a flourishing economy. Nestled in the heart of Meljine, Herceg Novi, this hotel with 11 fully furnished apartments offers not only a place for guests to enjoy but also a golden opportunity for investors to reap significant returns.

Why Meljine?

Meljine is quickly becoming one of the most sought-after destinations on the Adriatic coast. With its captivating charm, serene ambiance, and proximity to Herceg Novi, it stands out as a hub for tourists seeking both relaxation and adventure. The surrounding development in the area signals an upward trend for property values and tourism, making it an ideal location for investment. Here are a few compelling reasons to consider:

– **Growing Tourism**: The influx of visitors eager to experience Montenegro’s natural beauty substantially contributes to the hospitality market.
– **Accessibility**: Meljine is easily reachable by road and is close to key transport hubs, enhancing its appeal to travelers.
– **Nearby Attractions**: From stunning beaches to the historic architecture of Herceg Novi, there are endless activities to engage visitors and keep them returning year after year.

Unmatched Comfort and Experience

The hotel itself is a masterpiece of hospitality. Spanning a spacious 436 m², the property is designed for both comfort and elegance, ensuring guests have a memorable stay. The highlight is undoubtedly the impressive 150 m² terrace, where guests can bask in the Mediterranean sun while enjoying sweeping views of the azure waters. The apartments are tastefully furnished, providing a welcoming atmosphere that travelers can’t resist.

Future Development Opportunities

As an astute investor, the potential for expansion cannot be overlooked. The land behind the hotel is ripe for further development, providing multiple avenues for revenue generation. Whether you envision adding more apartments, a wellness center, or even a restaurant, the possibilities are vast.

Consider these options:
– **Additional Rental Units**: Increase the number of apartments to accommodate more guests.
– **Amenities**: Introduce features like a spa, gym, or recreational area to enhance guest experience.
– **Event Hosting**: Create a space for retreats, weddings, or corporate events to attract diverse clientele.

Calculating the Potential of Your Investment

With its current occupancy rates and the ever-growing tourist appeal, your investment can produce significant returns. Projected rental income during the peak summer season is approximately 70 000€ annually, supplemented by a potential winter rental income of 10 000€, leading to an estimated total yearly income of 80 000€.

When crunching the numbers, this property presents an attractive return on investment. Here’s a quick breakdown:

– **Annual Rental Income**: 80 000€
– **Investment Cost**: 902 000€
– **ROI Calculation**:
ROI = (Annual Income / Investment Cost) x 100
ROI = (80 000€ / 902 000€) x 100 ≈ 9.76%

With an ROI hovering around 9.76%, this investment is not just promising; it’s an exceptional opportunity to capitalize on the booming tourism sector in Montenegro.

Conclusion: A Bright Future Awaits

In summary, purchasing this hotel in Meljine is more than just acquiring property; it’s stepping into a world of possibilities. The combination of prime location, robust tourism growth, and significant potential for expansion makes it a standout investment opportunity. Don’t let this chance slip by. Embrace the future of hospitality in Montenegro and position yourself at the forefront of a burgeoning market!