Two Stone Houses in Krimovica

Explore the Charm and Opportunity of Krimovica

Nestled on the serene coast of Montenegro lies the enchanting village of Krimovica, a hidden gem waiting to be discovered. The two stone houses set against the breathtaking backdrop of the Adriatic Sea present not just a property, but a lifestyle steeped in tranquility and potential. With a total area of 246m² and a generous 1270m² plot, this investment opportunity is as expansive as the views it offers.

Surrounding Development and Community

The charm of Krimovica extends beyond the rocky shorelines and alluring landscapes. Surrounded by lush greenery and vibrant local culture, the village is transforming into a favored destination for both locals and tourists. The nearby Carević Ethno Village, a mere two-minute walk away, showcases the rich heritage and culinary delights of Montenegro, offering a taste of local life that residents and visitors relish.

As investment continues to pour into Kotor and its surroundings, the infrastructure of Krimovica is on the cusp of expanding. Future developments may include new roads, improved amenities, and cultural attractions. This organic growth only adds to the area’s appeal, increasing property values and rental demand. Imagine being part of a community that is blossoming while still enjoying the peaceful life that Krimovica offers.

Points of Interest Near Krimovica

1. **Beautiful Beaches**: The crystal-clear waters of the Adriatic are merely moments away, with several idyllic beaches such as Plavi Horizonti and Ploče nearby.
2. **Cultural Sites**: The historic town of Kotor, known for its UNESCO World Heritage sites and medieval architecture, is just a short drive away, providing a perfect day trip for culture enthusiasts.
3. **Outdoor Adventures**: Surrounded by mountainous terrain, the area is pristine for hiking, biking, and exploring, giving adventure lovers plenty to enhance their stay.

Real Estate and Rental Trends

The demand for vacation rentals in Montenegro has surged, bolstered by growing interest from international travelers seeking unique and authentic experiences. Krimovica, with its peaceful charm yet proximity to major tourist attractions, is ideally positioned for success in this expanding market.

With the potential to add two additional floors and an attic to the existing structures, the scope for capitalizing on market trends is vast. Transforming these stone houses into luxurious rental accommodations, with ample terraces and breathtaking views, could make them highly sought after on platforms like Airbnb and Vrbo.

Maximizing Returns on Investment

The carefully calculated return on investment for this property highlights its potential as a lucrative venture. With appropriate management, seasonal rental strategies can yield significant monetary returns. Instead of simply being a property to own, this investment opens a window to a steady stream of income.

Consider the following scenario:
– High Season (Summer, 90 days at 100€/night): 9 000€
– Low Season (Winter, 90 days at 50€/night): 4 500€
– **Total Potential Revenue**: 13 500€ per year

Let’s also take into account the initial investment:
– **Estimated cost for prefab enhancements**: 149 750€, providing you with modern, attractive housing for renters.

With a strong rental strategy in place, the potential annual ROI can reach an attractive 9%. As an investor, this is the type of opportunity that blends both enjoyment and profitability.

Conclusion: Your Next Step

Owning these two stone houses in Krimovica is not just about acquiring real estate; it is about embracing a lifestyle filled with beauty, culture, and endless potential. As you stand on the terrace, gazing out at the vastness of the Adriatic Sea, you can envision the income, memories, and experiences waiting to unfold. Now is the time to seize this unique opportunity and become part of Krimovica’s promising future. The blend of tranquil living and financial gain makes this property more than just a house – it is a wise investment in the heart of Montenegro.