New Apartment in Radanovići

Why Radanovići is the Next Hotspot for Investors

Nestled in the beautiful surroundings of Kotor, Radanovići is rapidly transforming into one of the most desirable areas for both living and investment. With its stunning views of the coastline and mountains, this region offers an idyllic setting for a new apartment, making it a perfect retreat for both residents and vacationers. As development continues, the potential for growth in property value and rental income is significant.

Thriving Local Amenities

The convenience factor in Radanovići cannot be overstated. Picture yourself just a stone’s throw away from essential services that make life effortless. Within a mere 300 meters, you have access to everything from shops and a post office to green parks where families can spend quality time together. As you expand your radius to 500 meters, you will find schools, delightful restaurants serving local cuisine, and reliable public transport links that connect you to the larger Kotor area and beyond. In this vibrant neighborhood, every necessity is at your fingertips.

Natural Beauty Around Every Corner

Living in Radanovići means you are surrounded by breathtaking landscapes. Imagine waking up to the serene beauty of lush greenery and inviting blue waters. Just a quick drive will lead you to the famous Bay of Kotor, where you’re waited by pristine beaches and activities for all ages, from sailing to hiking. The surrounding mountains offer opportunities for adventure seekers, whether you want to go biking, climbing, or simply enjoy panoramic views from a high vantage point.

Modern Living Designed for Comfort

The new apartment in Radanovići features contemporary design elements that cater to modern lifestyles. With a thoughtfully laid-out 51 m² space, the one-bedroom unit offers an inviting atmosphere. Not only does it come with a designated parking space, but you can also enjoy the benefits of air conditioning to stay comfortable during the warmer months. This apartment is not just a place to live; it is a lifestyle choice.

Investment Potential in a Booming Market

In addition to being a charming home, this property presents a lucrative investment opportunity. The real estate market in Kotor is experiencing upward trends, driven by an influx of tourists and expatriates drawn by the region’s beauty and quality of life. With the current exemption from the 3% property transfer tax enhancing its appeal, many savvy investors are flocking to the area.

Unpacking the Return on Investment (ROI)

Investment analysis shows that potential returns for this apartment are promising. The expected income streams are robust, especially during peak tourist seasons. If rented at an average of 75€ per night in summer for 90 nights and 50€ per night in winter for another 90 nights, the annual rental income could reach approximately 13 500€.

Projected Financial Overview

– **Annual Income:** 13 500€
– **Estimated Annual Expenses (including maintenance and taxes):** 2 000€
– **Net Income:** 11 500€
– **Calculated ROI:** (Net Income / Investment) x 100 = (11 500€ / 106 000€) x 100 = 11.92%.

A calculated ROI of 11.92% clearly indicates a promising opportunity for investors looking to capitalize on the growth of this vibrant area. With increasing demand for rentals, this apartment in Radanovići is positioned not just as a living space, but as a smart investment.

Conclusion: Your Gateway to Paradise