One-Bedroom Apartment in Meljine, Herceg Novi

Explore the Beautiful Meljine: A Prime Investment Opportunity

Looking for a smart property investment? Consider the alluring one-bedroom apartment nestled in Meljine, Herceg Novi. This charming locale is not just a stunning getaway; it’s also a lucrative opportunity for savvy investors looking to reap the rewards of the burgeoning real estate market along the Adriatic coast.

Why Meljine?

Meljine is a hidden gem characterized by its peaceful ambiance, pristine natural beauty, and welcoming community. Just a stone’s throw away from the vibrant city of Herceg Novi, this area offers the perfect balance of tranquility and accessibility. Here are just a few reasons why Meljine is an attractive location for both living and investment:

– **Proximity to the Adriatic Sea:** With the inviting coastline only 350 meters away, residents can easily indulge in beach leisure activities, making this apartment a magnet for tourists seeking a relaxing escape.
– **Rich Culture and History:** Herceg Novi boasts a rich historical narrative, with ancient fortifications and charming cobblestone streets that invite exploration. The vibrant local culture often attracts tourists, enhancing the potential for rental income.
– **Growing Infrastructure:** Recent developments in the area, including improved transport links, restaurants, and leisure facilities, continue to boost property values, making it a smart time to invest.

Points of Interest Nearby

Your new apartment is situated close to several notable attractions that highlight the best of Meljine and Herceg Novi. Some of these include:

– **Beautiful Beaches:** Spend your days soaking up the sun at one of the numerous local beaches, all within walking distance.
– **Fortress of Herceg Novi:** Just a short drive away, this historical fortress offers stunning views and a glimpse into the region’s storied past.
– **Local Markets and Restaurants:** Experience local cuisine and fresh produce at nearby markets, providing a genuine taste of the Adriatic lifestyle.

Rental Income and ROI Potential

Investing in real estate in this attractive area not only enhances your portfolio but also opens the door to a profitable rental market. As tourists flock to the coastline during summer months, rental demand surges.

Assuming a summer rental rate of 100€ per night for approximately 90 days and winter rates of 50€ per night for around 60 days, the potential earnings are significant. Here’s a breakdown:

– **Summer Earnings:** 90 days x 100€ = 9 000€
– **Winter Earnings:** 60 days x 50€ = 3 000€
– **Total Annual Income:** 11 500€

This impressive annual income compounds the benefits of owning property in Meljine.

Return on Investment (ROI)

Calculating the ROI makes it clear why this property is an appealing opportunity for investors. Here’s the breakdown:

– **Annual Income:** 11 500€
– **Property Price:** 92 000€
– **ROI Calculation:** (Annual Income / Property Price) x 100 = (11,500 / 92 000€) x 100 ≈ 13.8%

Such a robust ROI illustrates the financial benefits of investing in this beautiful one-bedroom apartment.

Conclusion

This one-bedroom apartment in Meljine offers not just a place to call home, but a profitable venture into the real estate market. With its prime location, growing local economy, and appealing rental potential, it stands as a compelling choice for investors aiming for a solid return on their investment. Seize this opportunity and enjoy a lifestyle rich in natural beauty, culture, and profitability. Contact us today to arrange a viewing and take the next step towards owning a piece of this Adriatic paradise!