1-Bedroom Apartment in Meljine

Invest in Coastal Bliss: A Look at Meljine and Your New Property

Imagine waking up every morning in a charming 1-bedroom apartment in Meljine, nestled in the scenic landscapes of Herceg Novi. Just a short stroll of 300 meters takes you to the sparkling shores of the Adriatic Sea, where the scent of saltwater and the sound of gentle waves become part of your daily rhythm. This location not only promises idyllic living but also offers an exceptional investment opportunity, set against the backdrop of the rapidly developing Montenegrin Riviera.

The Allure of Meljine

Meljine is a hidden gem that boasts an inviting coastal atmosphere. With its crystal-clear waters and a backdrop of lush hills, it presents a perfect blend of relaxation and adventure. The area is rich with amenities, ensuring that you’re never too far from comfort and convenience. Just around the corner, you will discover:

– **Supermarkets and Shops:** Everything you need is within reach, from fresh produce to local delicacies.
– **Restaurants:** Savor exquisite Montenegrin cuisine and seafood caught just hours before it reaches your plate.
– **Promenade:** A picturesque walkway that connects you to the vibrant center of Herceg Novi, filled with cafés, shops, and cultural attractions.

The burgeoning real estate development in the area further enhances its appeal. With new cafes and leisure facilities emerging, Meljine is becoming increasingly desirable for both residents and visitors. Investing here means buying a piece of a thriving community in a locale that only promises to grow in popularity.

Your Cozy Retreat

The apartment itself, spanning 30 m², encapsulates comfort and style. Imagine relaxing in a bright living room, where sunlight streams through the windows, casting a warm glow over your open kitchen and dining area. The modern bathroom and the serene bedroom provide perfect spaces for rest, while air conditioning ensures your comfort during the warm Mediterranean summers.

Whether you wish to unwind after a day at the beach or brew a cup of coffee for an intimate breakfast, this apartment caters to every need. Picture weekend gatherings with friends, where laughter fills the air and the aroma of home-cooked meals lingers.

Analyzing the Investment Potential

As you consider the investment aspect, the financial prospects of this apartment shine brightly. The attractiveness of Herceg Novi as a year-round tourist destination is undeniable, enabling you to tap into the seasonal rental market effectively. Here’s a closer look at the potential rental income:

– **Summer Season (April to September):** High demand can yield rates of around 80€ per night. With an estimated 120 nights booked during this peak period, your income could soar:
– **4 Months of Summer Income:** 120 nights x 80€ = 9 600€

– **Winter Season (October to March):** While demand decreases, you can still achieve an average of 40€ per night. With approximately 240 nights available during the cooler months, your income remains solid:
– **8 Months of Winter Income:** 240 nights x 40€ = 9 600€

– **Total Potential Annual Rental Income:** When you combine both seasons, your yearly earnings could reach an impressive 19 200€.

Given the investment cost of 105 000€, the return on investment (ROI) calculations present a compelling case:
– **ROI Calculation:**
– ROI = (Annual Income / Investment) x 100 = (19 200€ / 105 000€) x 100 = 20.21%

With an estimated ROI of 20.21%, this property stands out as a brilliant opportunity for investors. Whether you seek a holiday home to escape or a lucrative rental property, this apartment in Meljine allows you to step into the beauty of Montenegro while also making a wise investment decision.