Lovely House in Krimovica

An Idyllic Investment in Krimovica

Nestled in the heart of Montenegro, the lovely house in Krimovica not only serves as a stunning residence but also stands out as a golden investment opportunity. As the region continues to flourish with development and tourism, this property captures the essence of a tranquil lifestyle with the potential for substantial financial returns.

Surrounding Development

Krimovica is experiencing a surge in interest from both local and international buyers, thanks to its strategic location. The village is just a stone’s throw away from the bustling energy of Budva, known for its nightlife, historical sites, and rich culture. Investors should note the ongoing infrastructure improvements that enhance accessibility and appeal. The nearby airports, such as Tivat and Podgorica, are becoming increasingly connected, catering to the rise in tourist arrivals. Additionally, the local government is expanding services and amenities, making this region more attractive to families and vacationers alike.

Local Attractions

Living in Krimovica means enjoying the best of both worlds: a peaceful environment and proximity to vibrant tourist hotspots. The stunning beaches of Trsteno, Ploče, and Jaz offer crystal-clear waters and breathtaking views, making them ideal for relaxation, water sports, and family fun. The historical charm of Kotor, just a short drive away, is an absolute must-see with its ancient architecture and UNESCO World Heritage status. Here are some local gems to look out for:

– **Outdoor Activities:** Hiking trails with stunning sea views, kayaking, and diving spots nearby.
– **Culinary Experiences:** An array of local restaurants serving fresh seafood and traditional Montenegrin cuisine.
– **Cultural Events:** Annual festivals and markets, showcasing local art, music, and traditions.

Features and Amenities of the Property

This beautifully renovated house is designed for comfort and ease. With a spacious living area of 140 m², it accommodates families or groups perfectly. The interior exudes warmth and style, featuring:

– **Three Well-appointed Bedrooms:** Offering ample space for relaxation.
– **Modern Bathrooms:** Designed to meet the needs of contemporary living.
– **Open-Concept Living Space:** Connects the living room and kitchen, fostering a welcoming atmosphere.
– **Expansive Terraces:** Ideal for entertaining, enjoying morning coffees, or simply soaking in the sunset over the Adriatic.

Additionally, the 24 m² garage provides practical storage solutions, a significant advantage in this coastal region.

Rentability and Financial Returns

Investing in real estate in Krimovica isn’t just about having a place to unwind; it’s about smart financial planning. The area is ripe for generating rental income, with tourists flocking to this hidden gem. The calculated ROI demonstrates the potential:

– **Annual Income Calculation:**
– Summer Rentals: Average 120€/night
– Winter Rentals: Average 80€/night
– Hypothetical Rental Days: 150 nights at summer rates plus 150 nights at winter rates.

ROI Calculation Example

Annual Income: (150 nights x 120€) + (150 nights x 80€) = 18 000€
Estimated Costs (maintenance, management): 3 000€
Net Income: 15 000€
Investment: 300 000€ (purchase price)

Return on Investment Analysis

Calculating the ROI provides a clear picture of the financial benefits:
ROI = (Net Income / Investment) x 100 = (15,000 / 300,000) x 100 = 5% per annum.

This makes the house in Krimovica not just a beautiful escape but also a prudent addition to any investment portfolio.

Conclusion

Owning a property in Krimovica offers a unique blend of leisure and investment potential. With breathtaking views, a generous living space, and the growing allure of the Montenegrin coastline, this house isn’t just a home—it’s the gateway to adventure and opportunity. Seize this chance to invest in a promising future today!