Spacious Stone House with Sea View

A Hidden Gem in the Heart of Montenegro

Imagine waking up every morning to the gentle sound of waves lapping against the shore and the stunning backdrop of the Montenegrin coastline. This spacious stone house in Grbalj, Kotor, offers not just a home but a lifestyle enriched by nature, culture, and a unique investment opportunity. Nestled in the charming village of Vranovici, this property is a canvas waiting for your vision—a true charming renovation project.

Architectural Elegance Meets Modern Opportunity

The architectural bones of this property are nothing short of impressive. With around 200 m² of living space distributed over two levels, the house has been designed to optimize comfort and enjoyment. The ground floor features four spacious bedrooms and two well-appointed bathrooms, ideal for family living or hosting guests. Venture to the upper level, and you’re greeted with two additional bedrooms complemented by a large living area, perfect for entertainment or relaxation. Step out onto the sea-facing terrace, where the sweeping views of Tivat and Porto Montenegro create an enchanting atmosphere for evening gatherings.

An Enchanting Courtyard

The courtyard, draped in verdant vines, serves as an oasis for outdoor dining, morning coffees, or late-night stargazing. Picture yourself basking in the Mediterranean sun with a glass of local wine, surrounded by the natural beauty that Montenegro has to offer. Each corner of this property invites you to imagine the life you could build within its stone walls.

Strategically Located for Maximum Convenience

One of the standout features of this property is its prime location. Just a short 10-minute drive from the stunning beaches of Bigova, and a quick 15 minutes from the vibrant towns of Kotor and Tivat, your home will be perfectly positioned between tranquility and accessibility. The allure of this area is further enhanced by its proximity to excellent dining options, charming local markets, and cultural landmarks. As you explore the local neighborhoods, you’ll find a variety of activities—from boating adventures in Kotor Bay to hiking in the nearby mountains, making this location a paradise for adventurers and leisure-seekers alike.

Investment Potential Like No Other

This property is not just a place to live; it’s a smart investment waiting to be realized. The potential for rental income is substantial, particularly in a region flourishing with tourism. With a little creativity and renovation, this house can become a coveted vacation rental, allowing for sustainable and lucrative returns for the discerning investor. Imagine hosting guests from all over the world, offering them a slice of Montenegrin paradise while benefiting from a steady income stream.

Financial Insight: A Pathway to Profits

The financial metrics behind this property showcase its viability as an investment opportunity. With a renovation cost estimated at 50 000€, you can transform this spacious stone house into a welcoming retreat. Consider the potential rental income, which peaks during the summer months at 2 000€/month for four months and drops to 800€/month for the eight winter months. Based on these figures, the projection is as follows:

– **Summer Income:** 2 000€ x 4 months = 8 000€
– **Winter Income:** 800€ x 8 months = 6 400€
– **Total Annual Rental Income:** 14 400€

Combining purchase and renovation costs, the total investment reaches 270 000€ (purchase at 242 000€ plus renovations). This leads us to an ROI estimate of approximately:

(14 400€ / 270 000€) * 100 = 5.33%.

Why Invest in Grbalj, Kotor?

Investing in this region isn’t merely about the numbers; it’s about seizing the opportunity of a lifetime in a captivating part of the world known for its unparalleled beauty. As Montenegro continues to grow as a travel destination, properties like this are poised to appreciate in value, providing you both immediate rental income and long-term growth potential.

The stone house in Grbalj is more than a property; it’s an invitation into the Montenegrin lifestyle, a sanctuary for relaxation, and a strong addition to your investment portfolio. Don’t let this unique opportunity slip through your fingers; the charm of coastal living and the promise of profitability await you!