Apartment in Savina, Herceg Novi

Discover the Allure of Savina: A Growing Investment Destination

As you consider the prospect of investing in real estate, few locations compare to the enchanting Savina district of Herceg Novi. This captivating area, nestled along the stunning Adriatic coast, offers more than just scenic beauty. It is a haven for investors seeking both lifestyle and long-term financial growth. With a blend of modern amenities and rich natural landscapes, this 3-bedroom apartment serves as the perfect gateway to everything Savina has to offer.

Thriving Community and Development

Herceg Novi is undergoing a remarkable transformation with continued infrastructure enhancements and urban development. The community is bustling with vibrant dining establishments, charming cafes, and boutique shops that cater to both residents and tourists alike. As new projects take shape, the demand for property in the region is sure to escalate.

Key developments include:

– **New Waterfront Promenade**: Designed for leisurely strolls, this promenade will enhance the coastal experience, connecting various hotspots throughout the bay.
– **Improved Public Transportation**: Enhanced transit options will make exploring the wider region more accessible, attracting more visitors and residents.
– **Modern Recreational Facilities**: Future plans include parks, playgrounds, and sports amenities, enriching the quality of life for families and individuals.

Vibrant Local Attractions

Living in Savina means enjoying proximity to breathtaking attractions. Here are just a few highlights that make this region appealing:

– **Historic Old Town**: Just a short drive away, the Old Town of Herceg Novi features stunning architecture and rich history, with narrow cobblestone streets that are perfect for exploration.
– **Beaches**: The crystal-clear waters of the Adriatic Sea provide a perfect haven for sunbathing, swimming, and a plethora of water sports.
– **Natural Wonders**: With views of the surrounding mountains and lush greenery, nature enthusiasts can easily access hiking trails and scenic overlooks.

Seize the Investment Opportunity

This luxurious apartment not only provides a serene environment but also serves as a promising investment. The increasing tourist flow to Herceg Novi, especially during the summer season, signals strong rental demand. The potential of generating substantial income from short-term rentals adds another layer of appeal for savvy investors.

Consider this: with tourism on the rise and the apartment’s prime location, you can enjoy consistent rental returns while also using the property as your personal getaway.

Calculated Investment Returns

The alluring aspects of this investment are further underscored by a favorable return on investment (ROI). Let’s break it down again for clarity:

– **Peak Rental Income**: With a nightly rental rate of 150€ for a busy summer season of approximately 90 days, the earning potential could reach 13 500€.
– **Annual Expenses**: After considering maintenance and management costs of around 2 500€, the net income then stands at approximately 11 000€ annually.

Your investment analysis looks as follows:

– Rental Income: 13 500€
– Expenses: 2 500€
– Net Income: 11 000€
– Purchase Price: 300 000€
– ROI = (Net Income / Purchase Price) x 100 = 3.67%

In conclusion, this stunning apartment in Savina not only promises a luxurious lifestyle but also serves as a commendable investment, yielding an attractive 3.67% annual return.

With the perfect blend of luxury, location, and potential for growth, this apartment stands as an opportunity not to be overlooked. Invest in Savina, and let the serene beauty of Herceg Novi welcome you home while paving the way for future prosperity.