Charming House in Kumbor

Unlock the Potential of Coastal Living in Montenegro

Investing in real estate can often feel like navigating uncharted waters, but with this charming house in Kumbor, Herceg Novi, you have a compass guiding you towards lucrative opportunities. Surrounded by the scenic beauty of the Adriatic coast, this property not only promises a peaceful retreat but also offers substantial potential for growth and profit.

A Serene Haven Near the Adriatic Sea

The allure of this Kumbor property lies not just within its walls but in its exceptional location. Just 600 meters from the prestigious Porto Novi marina, it’s ideal for those who appreciate luxury and leisure. Imagine a short stroll to the marina, where you can indulge in fine dining, relaxing seaside cafes, and vibrant social scenes. Moreover, being only 300 meters from the pristine waters of the Adriatic means you can easily dip into the sea or bask in the sun by the beach.

This house is not just a structure; it’s your gateway to embracing an enviable lifestyle. You’ll also discover numerous local shops, markets, and services that cater to your daily needs, all within a comfortable distance, allowing you to enjoy a blend of convenience and tranquility.

Community Development and Future Growth

As an investor, it’s crucial to keep an eye on the development landscape, and Kumbor is ripe with potential. The coastal town has been undergoing various transformations, attracting both local and international interest, which means it’s a hotspot for growth. Recent infrastructural improvements and planned community projects are set to enhance local amenities further, increasing both property value and rental demand.

Imagine a thriving neighborhood where lively festivals, art displays, and outdoor markets become a part of your routine. Such a community attracts tourists and locals alike, offering a robust market for vacation rentals. By positioning your investment in this upcoming area, you’re not just buying a home; you’re securing a profitable future.

Expand Your Horizons with Development Potential

The true beauty of this property lies in its expansive plot. With urban planning permission allowing for construction up to 500 square meters, the possibilities are limited only by your imagination. Consider the opportunity to build additional rental units, guest houses, or even a seasonal retreat for tourists seeking the quintessential Montenegrin experience.

Utilizing the generous land area, you could create a beautiful garden, a private swimming pool, or outdoor recreational spaces that enhance the property’s appeal. The potential for expansion is like a blank canvas waiting for your creative touch.

Calculating the Future: A Smart Investment Strategy

An investment in this house is akin to planting a seed that promises bountiful fruit. Given the rising trend of tourism in Montenegro, particularly during the summer months, your rental income could flourish. Let’s take a closer look at the potential earnings:

– **Initial Investment: 59 900€**
(Based on 599€/m² for a 100m² prefabricated home)
– **Summer Rental Income:** 1 000€/month for 3 months = 3 000€
– **Winter Rental Income:** 400€/month for 9 months = 3 600€
– **Total Annual Income:** 6 600€

With strategic management, your annual rental returns can substantially increase, and when combined with the prospects of property value appreciation, the investment becomes even sweeter.

Calculating a simplified ROI, considering maintenance and other overheads, you’ll find this property can yield an impressive potential return on investment (ROI) of about 14.3%.

Your Next Steps Towards Coastal Prosperity

As you contemplate this investment opportunity, envision the joy of stepping into your own property that not only serves as a personal retreat but also a financial asset. The charm of Kumbor, combined with your vision for development, can transform this house into a flourishing source of income.

Don’t miss your chance to unlock the door to an idyllic lifestyle and promising financial future. Secure your piece of paradise in Kumbor, where dreams of coastal living and successful investing come beautifully together. Your dream home is not just a place; it’s an investment in your future.