Apartment for Sale in Đenovići, Herceg Novi

Your Gateway to Coastal Elegance

If you’re searching for a prime investment opportunity in the breathtaking region of Herceg Novi, look no further than this delightful 1-bedroom apartment in Đenovići. This property is not just a space to live; it’s an invitation to experience the quintessential coastal lifestyle. Imagine waking up each day just 150 meters from the serene azure waters of the Adriatic Sea, where every sunrise promises a day filled with possibilities.

Why Đenovići? A Hidden Gem

Đenovići is a picturesque village that has remained one of Montenegro’s best-kept secrets. Nestled along the stunning coastline, this area combines traditional charm with modern development. Recent investments in infrastructure have paved the way for upscale restaurants, charming cafes, and boutique shops that cater to both locals and visitors alike. The exclusive Portonovi marina, located nearby, offers luxury amenities, various water sports, and a vibrant social scene, making this locale a magnet for tourists and residents alike.

Unmatched Coastal Experience

The allure of living here goes beyond the apartment itself. Just a short stroll will lead you to secluded beaches, where you can bask in the sun or enjoy invigorating swims in the crystal-clear waters. Adventurous souls will find an array of outdoor activities, including hiking in the nearby hills or exploring the rich cultural history of the surrounding towns. Imagine exploring the ancient fortresses, dining at seaside restaurants, or indulging in water sports that make the most of the breathtaking environment.

Modern Living Meets Comfort

As you step into this stylishly furnished apartment, you’ll immediately feel a sense of warmth and comfort. The spacious living area seamlessly combines an open kitchen and dining space, making it perfect for hosting friends or enjoying quiet evenings at home. The cozy bedroom is your personal sanctuary, designed for relaxation after a long day of exploring. The modern bathroom features sleek fixtures, while the terrace provides the ideal spot for savoring your coffee while taking in the stunning surroundings.

A Growing Investment Landscape

Investing in real estate in Montenegro is like capturing lightning in a bottle—this area is on the brink of significant growth. With tourism on the rise, the demand for vacation rentals has skyrocketed. Statista predicts continued growth in international tourism, making this an opportune moment to invest. By purchasing this apartment, you’re not just acquiring a home; you’re securing a piece of a burgeoning market, ripe with potential.

Strategic Profit Potential

To illustrate the profitability of this apartment, consider the following rental scenarios. During the bustling summer season, short-term rentals can average around 80€ per night. If rented out for 90 days, that’s a potential income of 7 200€. During the cooler winter months, when the apartment can still generate rental income at 40€ per night for 180 days, that adds another 7 200€ to your annual total.

Your Financial Return

Let’s break down the numbers:
– **Summer season income:** 90 days x 80€ = 7 200€
– **Winter season income:** 180 days x 40€ = 7 200€
– **Total annual rental income:** 14 400€

With an initial investment of 132 000€, the calculation for your return on investment becomes clear:
– Annual ROI = (Total Annual Rental Income / Initial Investment) x 100 = (14,400 / 132 000€) x 100 = 12%.

In Conclusion

This charming apartment in Đenovići is not just a property; it’s a unique opportunity blending lifestyle and investment. With an impressive 12% ROI, your investment promises both tranquility and financial growth in one of Montenegro’s most desirable coastal regions. Seize the opportunity to call this lovely apartment your own, and watch your investment flourish amid the cultural richness, stunning landscapes, and the ever-growing allure of Herceg Novi.