1-bedroom apartment in Meljine

Explore the Allure of Meljine: A Great Investment Awaits

Meljine, a hidden gem nestled along the stunning Adriatic coast, presents an exceptional opportunity for investors seeking a slice of Montenegrin paradise. This charming 1-bedroom apartment not only offers a cozy retreat but also provides a gateway to a flourishing investment landscape. Let’s delve deeper into what makes this property an irresistible choice.

Vibrant Surroundings and Development Potential

Meljine is a picturesque coastal area that has been increasingly attracting tourists and investors alike. The local government has been actively developing infrastructure and amenities to boost the area’s appeal. With new roads, improved public services, and ongoing construction of modern residential complexes, the area is evolving into a vibrant community.

Imagine waking up to the soft sound of waves lapping against the shore and witnessing the breathtaking sunset from your terrace. The neighborhood is dotted with charming cafes, bustling markets, and exquisite restaurants that showcase the best of Montenegrin cuisine. Moreover, the renowned beaches of Herceg Novi, famous for their crystal-clear waters, are just a short stroll away, making this apartment a perfect spot for leisure and exploration.

Attractions and Lifestyle

Investing in real estate in Meljine is not just about property; it’s about lifestyle. The area boasts numerous attractions, ensuring that residents and visitors alike find plenty to enjoy:
– **Beaches**: Relax on the pristine shores of Meljine beach, or explore nearby Herceg Novi’s famous beaches.
– **Historical Sites**: Discover the rich history of the region by visiting the nearby fortresses and churches that dot the coastline.
– **Events and Festivals**: Experience the vibrant local culture through various events and festivals held throughout the year, celebrating everything from music to gastronomy.
– **Outdoor Activities**: The surrounding mountains offer hiking trails and opportunities for exploration, attracting nature enthusiasts.

This prime location not only promises a captivating lifestyle but also enhances rental potential, attracting tourists eager to experience the beauty of Montenegro.

Profitability Unlocked: A Detailed ROI Analysis

The potential for profitable returns on your investment cannot be overstated. Meljine is rapidly becoming a top destination for vacationers, which bodes well for rental income. By purchasing this lovely apartment for 103 000€, you’re opening the door to impressive financial returns.

Consider this rental strategy:
– During the high tourist season (approximately 60 days), you could rent the apartment for 70€ per night. This yields:
– **4 200€** (60 days x 70€/night).
– In the off-peak season (approximately 120 days), renting at 50€ per night achieves:
– **6 000€** (120 days x 50€/night).

When combined, the total potential annual rental income amounts to **10 200€**.

Now, let’s calculate the return on investment (ROI) to assess the profitability of this venture:

[
ROI = left( frac{Total Annual Rental Income}{Property Purchase Price} right) times 100
]
[
ROI = left( frac{10 200€}{103 000€} right) times 100 = 10.85%
]

Seize this Incredible Opportunity

This charming 1-bedroom apartment in Meljine is not merely a property; it’s an investment in a lifestyle that harmonizes comfort and profitability. With its remarkable sea views, modern amenities, and the enchanting surroundings of Herceg Novi, this apartment is poised to attract both tourists and long-term renters, ensuring a steady stream of income.

Investing in this stunning corner of Montenegro presents you with a unique chance to capitalize on the growing popularity of the region while enjoying the serene beauty of the Adriatic. Don’t let this opportunity pass you by; secure your future in Meljine, where the sea meets investment success.