Apartment for Sale in Herceg Novi

Your Ideal Investment Awaits in Herceg Novi

Imagine waking up each morning in a delightful 2-bedroom apartment nestled in the enchanting coastal town of Herceg Novi. Located in Topla II, this property isn’t just a home; it’s an opportunity for both personal pleasure and lucrative investment. Let’s delve deeper into what makes this apartment so special and why investing here may be a life-changing decision.

Explore the Allure of Topla II

Topla II isn’t just another residential area; it’s a vibrant microcosm of life intertwined with nature. The picturesque streets, lined with lush greenery and Mediterranean flora, create a tranquil oasis that feels worlds away from the hustle and bustle of urban life. Just a short stroll of 600 meters will lead you to the sparkling beaches, where you can bask in the glorious sunshine or enjoy a swim in the azure waters of the Adriatic Sea.

Thriving Community and Culture

• Health Center: Quick access to medical facilities ensures peace of mind.


• Education: The nearby school and kindergarten provide excellent options for families with children.


• Shopping: A supermarket and pharmacy are just around the corner, making daily life a breeze.


• Local Cuisine: Delight in the various restaurants and cafés that serve authentic Montenegrin dishes, offering a taste of the local culture.

The warmth of the community fosters a welcoming atmosphere that enchants both residents and visitors. Whether it’s indulging in the local festivals or enjoying a sunset at a beachfront café, there’s always something to look forward to in this lively neighborhood.

Unmatched Investment Potential

The real estate market in Montenegro is on the rise, and this apartment represents a golden opportunity for savvy investors. As average property prices continue to ascend, securing a home here not only offers a piece of paradise but also a solid financial investment. Many property owners in this area have reported consistent rental demand, particularly during the bustling summer months.

This apartment provides an excellent setup for holiday rentals. Imagine the thrill of owning a property that not only serves as your getaway but also generates income when you’re not using it.

ROI Evaluation

Calculating the potential return on investment confirms the alluring financial prospects that lie ahead with this property.

• With summer rentals averaging around 80€ per night for 60 nights, the summer income could reach approximately €4,800.


• Considering winter rentals at 40€ per night for 90 days, the additional winter income could add another €3,600.

Profit Calculation

By combining both summer and winter rentals:

• Annual rentals: 4 800€ (summer) + 3 600€ (winter) = €8,400.


• Total investment: Assuming a purchase price of 120 000€, the ROI calculation stands as follows:

ROI = (8 400€ / 120 000€) x 100 = 7%.

Conclusion

This charming apartment in Herceg Novi is more than just a property; it is a gateway to a lifestyle filled with sun-soaked days and vibrant culture. With an estimated 7% ROI, this appealing investment balances personal pleasure and financial gain. Don’t miss out on the chance to immerse yourself in the beauty of Montenegro while securing a wise investment for the future!