House for Sale in Herceg Novi

Invest in a Coastal Haven: Your Dream Property Awaits in Herceg Novi

Herceg Novi is a gem nestled along the stunning Adriatic coastline, and this house for sale encapsulates the allure of this idyllic location. Imagine a spacious 6-bedroom home that not only offers comfort and elegance but also opens the door to a lifestyle enriched by breathtaking natural beauty and a vibrant local culture. This property isn’t just a house; it’s your gateway to a coastal paradise.

A Home Designed for Comfort and Versatility

This remarkable residence boasts an inspiring layout with three distinct levels and a basement apartment, making it perfect for large families or as a rental property. The classic two-story apartment is welcoming, featuring a bright living room, a cozy dining area, and a well-equipped kitchen. Each of the three bedrooms here provides a tranquil retreat for both rest and relaxation. Ascend to the attic, where a modern, spacious apartment with its own entrance awaits, ensuring privacy and independence for guests or potential tenants.

Embrace Coastal Living

The location of this property is nothing short of perfect. Just a short walk from the beach—merely 6 minutes—residents can indulge in the sun, sea, and sand whenever they wish. A grocery store is conveniently located just 150 meters away, ensuring that daily essentials are always within reach. Plus, with local restaurants a mere 300 meters from your front door, there’s no shortage of culinary delights to discover.

Herceg Novi’s old town is steeped in history and culture, making it a delightful area to explore while immersing yourself in the heritage of the region. For those who love sports and outdoor activities, rocky and pebble beaches just 700 meters from the house offer a variety of water-based adventures, including bars and water sports. And if that’s not enough, tennis courts and a gym are located just 3 km away, providing ample options for fitness enthusiasts.

A Golden Investment Opportunity

Investing in real estate in Herceg Novi presents an exciting opportunity for generating income, especially with the rising trend in vacation rentals. The demand is consistently high, particularly during the summer months, ensuring that you can make the most of your investment.

ROI Calculation: Analyzing Your Potential Returns

To put the potential earnings into perspective, let’s review some numbers. Assuming you charge a rental price of 150€ per night during the bustling summer season, along with a projected occupancy rate of 60% over a period of 90 days, you can anticipate substantial earnings:

• Total Summer Income: 150€ x 90 nights x 0.60 = 8 100€

In the winter months, rental prices tend to be lower, so let’s estimate a rate of 80€ per night over 120 days:

• Winter Income: 80€ x 120 nights = 9 600€

By adding your summer and winter earnings, the total annual income can be calculated as follows:

• Total Annual Income = 8 100€ + 9 600€ = 17 700€

Now, taking your initial investment of 407 000€ into account, the estimated return on investment (ROI) is:

• Estimated ROI: (17 700€ / 407 000€) x 100 = 4.78%

Why Invest in This Coastal Dream?

Owning a property in Herceg Novi is not merely an investment in real estate; it is an investment in a lifestyle enriched by nature, history, and community. As tourist numbers swell during the summer months, the perspectives for rental income grow even brighter. Imagine sipping coffee on your balcony with panoramic views of Boka Bay, feeling the breeze, and knowing that each day could also contribute to your financial success.

This stunning house is more than just a dwelling; it’s a potential revenue-generating asset positioned in a desirable location. With its unique offerings and significant earning potential, you don’t want to miss this opportunity. Your dream home and investment await in the heart of Herceg Novi!