House in Seljanovo

Explore the Allure of Seljanovo: A Hidden Gem in Tivat

Nestled in the heart of Tivat, Seljanovo is a location that beautifully balances tranquility with accessibility. This charming neighborhood offers not just a house, but a lifestyle imbued with the essence of coastal living. Imagine waking up every morning to the gentle sound of waves, with breathtaking views of the Adriatic Sea at your doorstep. This property, a remarkable house with three apartments, is not merely a place to reside; it is an opportunity to experience the magic of Montenegrin living first-hand.

Community and Development

The Seljanovo area is thriving with development, making it an even more attractive option for investors. Nearby, Porto Montenegro is not just a yacht marina; it is a vibrant hub teeming with life. Here, you can find boutique shops, fine dining restaurants, and leisure activities that cater to both locals and tourists alike. Seljanovo itself is experiencing a renaissance, with new cafes and conveniences popping up, fostering a sense of community among residents.

Just a 15-minute stroll from the property leads you to an English school, adding to the area’s appeal for families. Envision your weekends spent at the beach or enjoying water sports, all while knowing that you are in a community that continues to grow and evolve.

Points of Interest

Living in Seljanovo means access to a wealth of local attractions and activities. Here are just a few highlights:

– **Beaches:** The picturesque beaches of Tivat are just a stone’s throw away, offering sun-soaked sands and crystal-clear waters.
– **Historical Sites:** Explore the charming villages around Tivat, rich with history and culture, including the famous island of Our Lady of the Rocks and the historic town of Kotor.
– **Outdoor Activities:** Enjoy endless possibilities for hiking, cycling, and water sports that take full advantage of Montenegro’s stunning natural beauty.
– **Culinary Delights:** Experience diverse culinary options, from local Montenegrin fare to international cuisine, ensuring every dining experience is a delight.

Investment Potential and Return Analysis

Investing in this property is not just about acquiring real estate; it is about embracing an opportunity for financial growth and sustainability. The area is positioned for consistent demand, especially in the ever-popular rental market.

This house’s potential for rental income provides an excellent return on investment prospect. Given the tourist appeal and local amenities, you could foreseeably rent out each apartment seasonally, generating substantial income.

Consider that if each apartment is rented for 80€ per night during peak summer for 60 days, the total income could be 14 400€ annually. In winter, with the apartments rented at 40€ per night for 90 days, the income climbs to an additional 3 600€. This leads to a projected annual rental income of approximately 18 000€.

ROI Calculation:
The initial investment presents a challenge, with a calculation yielding:
(Annual Income – Purchase Price) / Purchase Price = (18 000€ – 259 000€) / 259 000€ = -92.35%

While this may appear daunting at first glance, remember that real estate often appreciates over time. The growth potential of Seljanovo, combined with the influx of investment and tourism, makes this property a promising venture for those willing to look beyond the initial figures. As the neighborhood continues to develop and flourish, the possibility of increased value and returned investment becomes ever more viable.

Your Gateway to Investment

This property represents not just a house, but a golden opportunity to stake your claim in a burgeoning market. With its remarkable location, potential for growth, and appealing lifestyle, this house in Seljanovo is calling to those who recognize the promise of Montenegro’s real estate landscape.