One-Bedroom Apartment in Risan

Explore the Mediterranean Lifestyle: A Worthy Investment in Risan

Embark on a journey to Risan, a charming coastal town nestled within the breathtaking Kotor Bay. This one-bedroom apartment is not merely a place to stay; it represents an opportunity to immerse yourself in the dynamic culture, stunning landscapes, and promising real estate market of Montenegro.

Neighborhood Development and Growth

Risan is more than just a beautiful destination; it’s a flourishing community with a rich historical backdrop and continuous development. The area has seen significant investment in infrastructure and tourism, contributing to its growing popularity among expatriates and investors alike. With a strategic expansion plan focusing on enhancing public amenities, improving transportation, and promoting local businesses, Risan is poised for increased foot traffic and interest.

In recent years, new restaurants, cafes, and shops have opened, making the area even more appealing for both locals and tourists. As you explore the colorful streets of Risan, you will find yourself enchanted by its blend of traditional Montenegrin charm and modern conveniences.

Attractions Near Your New Property

One of the key selling points of this one-bedroom apartment is its proximity to various attractions that encapsulate the essence of coastal living. Here are a few highlights:

– **Historical Landmarks**: Risan is home to ancient Roman mosaics and beautiful churches, perfect for history enthusiasts.
– **Stunning Beaches**: Just steps from your apartment, pristine beaches invite relaxation and leisure activities, like swimming, sunbathing, and beachcombing.
– **Natural Wonders**: The surrounding mountains and parks offer hiking trails and picturesque views, catering to outdoor enthusiasts and nature lovers.
– **Vibrant Nightlife**: In the summertime, the area comes alive with local events, festivals, and a buzzing nightlife scene, providing incredible opportunities for social engagement.

These attractions not only enhance the quality of life in Risan, but they also provide an essential draw for vacationers, fostering a strong rental market.

Unlocking the Potential for Rental Income

Investing in this one-bedroom apartment means you are opening the door to a steady stream of income. With a booming tourist market around Kotor Bay and accommodations in high demand, your apartment can serve as a lucrative rental property. Consider the potential:

– Renting out during the peak season at an estimated rate of 80€ per night can yield impressive returns.
– With a consistent 70% occupancy rate, the annual income could reach approximately 20 000€.
– After accounting for management costs and maintenance, the projected net income stays around 15 000€.

This burgeoning rental market allows savvy investors to capitalize on seasonal tourism trends while maintaining a beautiful getaway for personal use.

Diving into the Numbers: Added Value for Investors

To fully understand the investment opportunity presented by this beautiful apartment, let’s break down the financials:

Investment: 150 000€ (apartment) + 23 000€ (parking) = 188 000€

Annual Net Income: 15 000€

ROI = (Net Income / Total Investment) x 100% = (15,000 / 188 000€) x 100% ≈ 8.67%

This remarkable construction not only offers a splendid living space but also delivers a noteworthy 8.67% return on investment. This figure positions the apartment as an appealing option in the real estate market, particularly for those looking to balance pleasure and profit.

Conclusion: Your Slice of Paradise Awaits

With its modern amenities, proximity to the sea, and the advantages presented by the surrounding environment, this one-bedroom apartment in Risan is a smart investment choice. It seamlessly combines a charming vacation retreat with the potential for a thriving rental business, allowing you to enjoy the enchanting lifestyle of Montenegro while generating substantial returns. Don’t wait to seize this opportunity to own a piece of Mediterranean paradise!