House for Sale in Đenovići

Unveiling the Allure of Đenovići: Your Next Investment Opportunity

Nestled in the serene coastal town of Đenovići, this remarkable house not only offers a comfortable living space but also presents a wealth of investment potential. With its stunning sea views and proximity to the Adriatic coastline, this property is ideal for investors seeking a lucrative opportunity in a vibrant market.

Desirable Location

Đenovići is a hidden gem along the Montenegrin coast, known for its picturesque scenery and warm community atmosphere. Just a stone’s throw away from your new home lies the glistening sea, inviting you to explore the beauty of the Adriatic. Surrounding the area, you’ll find an array of amenities and attractions:

– **Beaches**: Beautiful, sandy beaches are within walking distance, perfect for sunbathing, swimming, or enjoying water sports.
– **Dining**: A variety of local restaurants serving fresh seafood and international cuisine is available nearby, allowing you to indulge in the flavors of the region.
– **Marketplaces**: Seasonal markets offer fresh produce and artisanal goods, providing a taste of local culture.
– **Cultural Sites**: The historic town of Herceg Novi is just a short drive away, with its charming old town, castles, and vibrant arts scene.

A Home with Character

Stepping into this spacious 290 m² house, you will be captivated by its charm. Each level is thoughtfully designed, creating an inviting atmosphere that feels both cozy and expansive. With multiple living spaces, it can easily accommodate large families or groups of visitors:

– **Ground Floor**: A two-bedroom apartment with modern amenities, ideal for guests or rental opportunities.
– **First Floor**: Two one-bedroom apartments with private terraces overlooking the sea, providing a perfect retreat for couples or solo travelers.
– **Second Floor**: A luxurious three-bedroom duplex, featuring a mini-gym and laundry facilities, designed for dining and relaxation with breathtaking views.

Endless Possibilities for Expansion

What sets this property apart is its potential for growth. With an additional 280 m² of buildable space, you have the freedom to expand and customize it according to your vision. Whether it’s developing more rental units or creating a breathtaking entertainment area, the options are limitless.

Financial Viability: A Strong Return on Investment

The investment potential in Đenovići is particularly appealing, especially when considering the rental income possibilities. By maximizing occupancy during the summer season, the financial forecast becomes increasingly lucrative:

– **Summer Earnings**: With a nightly rate of 150€ for a full occupancy over 60 nights, you can expect to earn approximately 9 000€ annually.
– **Off-Season Rentals**: By capitalizing on off-season demand, you can achieve an additional 30%, bringing your total to around 2 700€.

ROI Breakdown

The calculation for your return on investment is straightforward:

– Annual earnings: 9 000€ (summer) + 2 700€ (winter) = 11 700€
– Property cost: Estimated at 350 000€
– ROI calculation: (11 700€ / 350 000€) * 100 = 3.34% annually.

This means that investing in this coastal paradise not only secures a stunning property but also promises a healthy 3.34% ROI, making it an attractive choice for astute investors.

Conclusion

In conclusion, this charming house in Đenovići embodies the perfect blend of comfort, beauty, and profitability. With its strategic position near the sea, ample living space, and impressive investment potential, it stands as an extraordinary opportunity to own a piece of the Adriatic dream. Whether you’re looking for a family home, a rental property, or a new venture, this is where your journey begins. Don’t let the chance to invest in this coastal treasure slip away!