House for Sale in Škaljari

Your Investment Gateway in Škaljari, Kotor

Nestled in the enchanting locale of Škaljari, Kotor, this charming house is not just a splendid residence; it is also a golden opportunity for astute investors. With a generous living space of 155 m² and a lovely garden area of 112 m², this property combines comfort and potential in a uniquely appealing setting.

Surrounding Development and Lifestyle

Škaljari is a vibrant community steeped in history and culture. The proximity of the property—just 1 km from the iconic Old Town of Kotor—allures visitors and residents alike. Imagine leisurely weekend strolls in the heart of historical architecture that the Old Town offers, delicious local eateries, and charming cafes where you can savor the local cuisine.

Moreover, ongoing development in the region enhances the area’s accessibility and livability. New infrastructures, such as improved roads and public transport, are creating a seamless connection between the city and the surrounding natural beauty. Investors will appreciate the long-term growth potential as Škaljari continues to flourish, driving up property values.

Point of Interests Nearby

When considering this property as an investment, it’s essential to recognize the alluring attractions nearby. Here are some notable points of interest:

– **The Old Town of Kotor**: A UNESCO World Heritage Site, featuring stunning medieval architecture.
– **Kotor Bay**: Perfect for sailing, swimming, and enjoying various water sports.
– **Local Markets**: Vibrant marketplaces offer fresh produce, artisanal products, and hand-crafted souvenirs.
– **Mountain Trails**: Opportunities for trekking and exploring the breathtaking natural landscapes that surround Kotor.

These attractions not only enhance the quality of life for residents but also draw a multitude of tourists, increasing demand for rental accommodations.

The Brilliant Investment Proposition

This property’s investment potential shines bright amid the growing real estate market in Kotor. Given the dynamic demand for rentals, investors stand to benefit handsomely from both short-term and long-term rental options.

Understanding the Rental Market

With summer being the peak tourist season, short-term rental rates can reach 80€ per night, while winter months offer a steady demand with rates around 50€. Here’s a simple overview of the potential income:

– **Summer Income**: 60 nights at 80€ = 4 800€
– **Winter Income**: 120 nights at 50€ = 6 000€
– **Total Annual Rental Income**: 10 800€

This equips you with a clearer understanding of the revenue model surrounding this property.

Calculating Your Return on Investment

The financial rewards of owning this house extend beyond the immediate comforts it offers. Let’s break down the return on investment:

– **Purchase Price**: 531 000€
– **Annual Rental Income**: 10 800€

Using this data, the estimated ROI can be calculated as follows:

Estimated ROI = (10 800€ / 531 000€) x 100 = 2.24% annually.

This rate may appear modest, but consider the opportunity for appreciation in a region that is increasingly sought after by tourists and prospective homeowners.

Conclusion: A Promising Future Awaits

This property in Škaljari is not just a roof over your head; it’s a doorway to a flourishing investment journey. With a perfect blend of peaceful living, enriched by the cultural charm of Kotor, and promising financial prospects, this house is an investment that caters to lifestyle and income generation. Seize this opportunity to become part of a dynamic community and watch your investment grow.