1-Bedroom Apartment in Kotor

Investment in Kotor: A Golden Opportunity Awaits

When you think of Montenegro, the picturesque narratives of Old Town Kotor, with its medieval architecture and breathtaking fjords, come to mind. Nestled in this enchanting backdrop is the exquisite 1-bedroom apartment on Sveta Vraca street, waiting for enthusiasts of travel, beauty, and investment alike.

Location, Location, Location

The location of this property is unmatched. Just 700 meters from the serene Adriatic Sea, it invites effortless exploration of the stunning coastline and vibrant local culture. Imagine waking up in a charming setting, stepping out your door, and finding yourself amid a blend of nature and history. Kotor is renowned for its incredible blend of dramatic mountains and azure waters, making it a must-visit destination for travelers.

As an investor, understanding the surrounding developments is crucial for assessing future growth potential. The area around Kotor is undergoing significant transformation, with investments pouring in to enhance tourism infrastructure. Upcoming amenities, such as international restaurants, local artisan shops, and leisure facilities, are all set to elevate the appeal of this historic town further.

Points of Interest Nearby

The allure of Kotor doesn’t just lie in its stunning landscapes but also in its rich tapestry of attractions. Here are a few noteworthy ones to consider:

– **Kotor Old Town:** A UNESCO World Heritage site filled with cobbled streets, charming squares, and ancient churches. The ambiance here alone is worth the visit.
– **San Giovanni Fortress:** Hike to this iconic fortification for breathtaking panoramic views over the bay. It’s not just a trek; it’s a journey into history.
– **Local Markets:** Experience the vibrant local culture by visiting nearby markets teeming with fresh produce, handmade crafts, and traditional Montenegrin delicacies.

These points of interest not only make Kotor an attractive tourist destination but also ensure that your investment remains in high demand year-round.

Understanding Rental Potential

Delving deeper into the investment aspect, the potential earnings from the apartment can be particularly appealing. Seasonal rental trends in Kotor reveal that during the peak summer months, tourists flock to the area, with rental prices soaring. Here’s a breakdown of potential rental income:

– **Summer Earnings:** In the peak season, you could earn around 80€ per night for approximately 90 nights:
– 80€ x 90 = 7 200€

– **Off-Season Earnings:** In the quieter months, you can still attract guests at around 40€ per night for about 180 nights:
– 40€ x 180 = 7 200€

This leads to a noteworthy total annual income of 14 400€, providing a compelling argument for investment.

ROI Calculation: A Wise Choice

Given the initial investment of 122 000€, calculating the return on investment (ROI) shows the lucrative nature of this opportunity. The formula is straightforward:

– Total Annual Income: 14 400€
– Initial Investment: 122 000€

Thus, your ROI is:
(14 400€ / 122 000€) x 100 = 12.92%

This figure speaks volumes about the prospective profitability of owning this apartment. With a solid ROI, you’re not merely investing in a property; you’re securing a piece of Kotor’s thriving future.

Seize Your Slice of Paradise

The stunning 1-bedroom apartment in Kotor represents an alluring blend of comfort, charm, and profit potential. Whether you envision it as a personal getaway, a rental investment, or both, this property stands uniquely positioned to become a fulfilling part of your investment portfolio. With its breathtaking scenery, rich culture, and promising rental income, now is the time to take action. Contact us today to explore this vibrant investment opportunity and secure your place in this Mediterranean paradise!