One-bedroom apartment in Meljine, Herceg Novi

Explore the Allure of Meljine: A Prime Investment Opportunity

Situated on the sun-kissed coast of Montenegro, the charming one-bedroom apartment in Meljine, Herceg Novi, is more than just a home—it’s a gateway to an exciting lifestyle and a lucrative investment prospect. With its strategic location just 200 meters from the shimmering waters of the Adriatic Sea, this property embodies the essence of coastal living, attracting both casual sun-seekers and serious investors.

Meljine: A Coastal Gem

The neighborhood of Meljine is quickly becoming a hotspot for those looking to immerse themselves in Mediterranean culture. Known for its picturesque scenery, friendly community, and rich history, Meljine is the perfect backdrop for both relaxation and excitement. Residents can enjoy leisurely strolls along the peaceful seafront, indulge in delicious local cuisine at nearby restaurants, or participate in various water sports that the sea has to offer. Moreover, the proximity to Herceg Novi’s vibrant city center means that a variety of shopping, dining, and entertainment options are within easy reach, making it an ideal locale for both short-term vacations and permanent residences.

Why Invest in Meljine?

Investing in this apartment is akin to planting your roots in fertile soil, where the potential for growth is vast. The Herceg Novi region is experiencing a renaissance, drawing international attention from travelers and investors alike. Here are just a few reasons why this investment should be at the top of your list:

– **Growing Tourism**: Herceg Novi is a well-known destination for tourists, especially during the summer months. The influx of visitors each year creates strong demand for rental properties, ensuring sustained income for homeowners.
– **Nearby Developments**: Recent investments in infrastructure and luxury amenities, such as the upscale Lazure Marina and hotel located just 400 meters away, are enhancing the area’s appeal. As these developments flourish, property values are expected to rise.
– **Beautiful Climate**: The region boasts a Mediterranean climate, with warm summers and mild winters, making it an attractive destination year-round. This ensures that rental occupancy rates remain high, even in the off-season.

Delve into the Numbers: A Promising ROI

Purchasing this apartment is not only about enjoying its comforts but also about seizing a robust investment opportunity. With smart planning, the financial returns can be significant. Let’s break down the investment analysis further to reveal the potential:

Estimated Rental Income

With a well-marketed vacation rental, annual income is projected based on seasonal pricing:
– **Summer Season (June to August)**: 60 nights at 100€ per night, yielding 6 000€.
– **Winter Season (October to March)**: 90 nights at 40€ per night, yielding 3 600€.

This brings the total potential annual rental income to 9 600€.

Simple ROI Calculation

To understand your return on investment (ROI), simply use the formula:
– Total annual income: 9 600€
– Purchase price: 178 000€

ROI = (9 600€ / 178 000€) x 100 = 5.93% annually.

This figure is particularly appealing when compared to many conventional investment avenues where returns can often fall below this threshold.

Conclusion: Your Future Awaits

This one-bedroom apartment in Meljine isn’t just a place to live; it’s a wise investment decision enveloped in the allure of coastal living. With an estimated ROI of 5.93%, potential income from seasonal rentals, and an idyllic location, it is an opportunity that speaks volumes to both seasoned and novice investors. Dive into the vibrant community of Herceg Novi, and watch as your investment flourishes in one of Montenegro’s rising jewel locales. The sun, the sea, and a bright financial future await you!