House for Sale in Herceg Novi

Unlock Your Future with This Coastal Gem in Herceg Novi

Nestled in the picturesque town of Herceg Novi, this charming 2-bedroom house is more than just a property; it’s a unique opportunity to invest in a vibrant coastal lifestyle. With its enviable location just 200 meters from the sun-kissed beaches of the Adriatic Sea, this 69 m² home is ready to be transformed into your ideal retreat or a lucrative rental investment.

A Blend of Comfort and Potential

The essence of this home lies in its remarkable potential for renovation. Imagine customizing the interiors to reflect your personal style while preserving the well-maintained parquet flooring that exudes warmth and elegance. With two spacious bedrooms, a bathroom, and two terraces totaling 10 m², the canvas is set for your creative approach, whether you envision cozy nooks, a modern kitchen, or an outdoor oasis for entertaining guests.

Vibrant Community and Local Amenities

Living in Herceg Novi means immersing yourself in a vibrant community rich in culture and activities. Just a stone’s throw away, you will find an array of local amenities, including charming cafes, delightful restaurants, boutique shops, and bustling markets. The town’s vibrant atmosphere is complemented by friendly locals and numerous events throughout the year, making it an attractive destination for both residents and tourists alike.

A View That Takes Your Breath Away

Picture yourself sipping a cup of coffee on your terrace as the sun glimmers over the Adriatic Sea. The property’s orientation ensures abundant natural light throughout the day, charging your spirit with warmth and positivity. This captivating view is a daily reminder of the natural beauty that surrounds you, providing an idyllic setting to unwind and recharge.

Investment Potential: A Golden Opportunity

This house presents not just a place to live, but a golden investment opportunity. With the ability to convert the existing layout into a three-bedroom apartment, you can significantly increase your rental income potential in this sought-after coastal area. The demand for holiday rentals is on the rise, especially in summer, creating a perfect environment for investors looking to capitalize on the tourism boom.

Market Trends and Future Development

Herceg Novi is becoming increasingly popular among both local and international investors, making it a prime location for real estate investment. Recent developments in infrastructure, such as improved roads and enhanced public transport, are attracting more visitors each year. This trend hints at a promising future market where property values are expected to climb, further solidifying your investment over time.

ROI Calculation and Financial Insights

By investing in this charming house, you set the stage for an attractive return on investment (ROI). Priced at 187 000€, the property offers the potential to generate significant income, particularly during the summer months. With an estimated rental income of 1 500€/month in peak season and around 600€/month in winter, your total annual income could reach approximately 18 600€.

ROI Breakdown

Annual Income: 18 600€
Investment: 187 000€
ROI = (Annual Income / Investment) * 100 = (18,600 / 187 000€) * 100 ≈ 10.94%

Conclusion: Your Path to Coastal Living and Profits

This property does not merely represent a financial investment; it offers an enriching lifestyle combined with sound financial prospects. With a potential ROI of approximately 10.94%, this house in Herceg Novi is a remarkable choice for investors looking to achieve both personal fulfillment and promising financial returns. Don’t let this chance to own a piece of paradise slip away—embrace the coastal life and secure your financial future today!