Charming Apartment in Herceg Novi

Embrace the Mediterranean Lifestyle

Imagine waking up each morning to the gentle sound of waves lapping at the shore, the scent of fresh sea air filling your lungs, and breathtaking views of the Adriatic Sea right outside your window. This charming two-bedroom apartment in Herceg Novi offers not just a home but an entire lifestyle filled with the warmth of coastal living, vibrant culture, and stunning natural beauty.

Serene Coastal Community

Herceg Novi is more than a tourist destination; it’s a charming coastal community enriched by a rich history and welcoming locals. This vibrant town offers residents a blend of traditional Montenegrin charm and modern conveniences. As you explore the narrow cobblestone streets, you’ll discover quaint cafes, artisanal shops, and colorful markets, all contributing to a lively atmosphere that feels like home.

Convenient Accessibility

Accessibility is another remarkable aspect of this property. Herceg Novi is conveniently located just 25 kilometers from the bustling city of Kotor, known for its well-preserved medieval architecture and UNESCO World Heritage status. Additionally, the nearby Tivat Airport offers international flights, making travel easy for both you and your guests. Thus, whether you’re looking to escape for a weekend or generate rental income through vacation stays, this apartment’s location ensures easy access for everyone.

Outdoor Recreation and Activities

For those who appreciate the great outdoors, this location is a paradise. The surrounding area offers a plethora of recreational activities. From hiking in the nearby hills to water sports such as kayaking, diving, and sailing, adventure is always within reach. Imagine spending your days soaking up the sun on the beach or taking a scenic boat ride along the coast, surrounded by stunning landscapes characterized by lush greenery and crystal-clear water.

Thriving Local Market

The economic landscape of Herceg Novi is flourishing, with an increasing number of tourists flocking to the area each year. This trend drives property values up and translates to lucrative rental opportunities. The demand for short-term rental accommodations remains high, particularly during the summer months, showcasing the potential profitability of your investment.

Detailed ROI Potential

Analyzing the financial aspects of your investment further emphasizes its appeal. With a projected annual rental income of 18 000€, derived from summer high-season lease agreements averaging 1 500€ per month and winter low-season agreements at 600€ monthly, the potential return on investment (ROI) appears bright:

– Summer income: 1 500€ x 4 months = 6 000€
– Winter income: 600€ x 8 months = 4 800€
– Total Annual Income: 10 800€

Investing 330 000€ allows you to calculate the ROI as follows:

Annual Income 10 800€ / Investment 330 000€ = 3.6%, supplemented by potential appreciation in property value over time.

When coupled with expected property value growth, this investment could yield both immediate income and long-term capital appreciation, illustrating the multifaceted benefits of ownership in this beautiful locale.

Your Piece of Paradise Awaits

In conclusion, securing this charming apartment in Herceg Novi is not merely about buying real estate; it offers a unique opportunity to immerse yourself in the Mediterranean lifestyle and invest in the future. With its magnificent sea views, thriving community, and exceptional rental potential, this property stands as a beacon of opportunity. Don’t let this chance to secure your slice of paradise slip away—explore the possibilities today and make this dream home your reality!