Apartment for Renovation in Đenovići

Unlock the Potential of Your Dream Investment in Đenovići

Imagine standing on your private terrace, sipping a refreshing drink while the gentle breeze carries the scent of the Mediterranean Sea. This could be your daily reality with a renovation-ready apartment in the charming village of Đenovići, Montenegro. With its prime location just 100 meters from the stunning coastline, this property presents an extraordinary opportunity for savvy investors looking to capitalize on a vibrant market.

Rich Cultural and Natural Surroundings

Đenovići is not just a picturesque village; it’s a gateway to adventure and relaxation. The area boasts a blend of rich history and natural beauty, making it a magnet for tourists and locals alike. Explore pristine beaches, enjoy water sports, or wander through quaint streets lined with local shops and cafes. Nearby attractions include:

– **The Historic Town of Herceg Novi**: A short drive away, this charming town is filled with stunning historical architecture, vibrant markets, and culinary delights.
– **The Boka Bay**: Known for its breathtaking fjord-like beauty, the bay is perfect for sailing, kayaking, and experiencing nature’s wonder.
– **Local Festivals**: Embrace the culture by participating in various local festivals that celebrate music, food, and tradition, drawing visitors from around the world.

As a backdrop to your investment, the gorgeous landscapes and cultural richness contribute to the area’s desirability, ensuring a steady stream of potential renters or buyers.

Versatile Living Space for Personal Touch

The apartment itself spans 46 m² and offers an ideal foundation for personalized renovations. Whether you envision a modern seaside retreat or a traditional home brimming with local character, the space is versatile enough to accommodate your vision. Key features include:

– **Two Cozy Bedrooms**: Perfect for accommodating family, friends, or guests.
– **Open Dining Area**: Foster connections over meals in this inviting space.
– **Private Garden**: An enchanting small garden, providing an ideal setting for summer gatherings and fresh-air relaxation.

With each restoration update, you create not only a living space but also a haven that reflects your unique style.

Strategic Investment with Exceptional ROI

Investing in a renovation-ready apartment in Đenovići is more than just acquiring a property; it’s about securing a future filled with potential returns. The region attracts tourists year-round, making it an ideal location for short-term rentals.

Consider the potential rental income:

– **Summer Season**: Average rental rates range from 80-120€ per night.
– **Winter Season**: Average rental rates typically hover around 30-50€ per night.

In terms of numbers, assume a summer rental of 100€ per night for 60 nights and a winter rental of 40€ for 90 nights:

(100€ x 60 nights) + (40€ x 90 nights) = 6 000€ + 3 600€ = 9 600€.

When you factor in an estimated renovation cost of 15 000€, your total investment comes to 45 000€. This leads to an impressive Return on Investment (ROI) of:

(9 600€ ÷ 45 000€) x 100 = 21.33%.

Such a figure signals a robust opportunity in Montenegro’s growing market, promising not only enjoyment from your investment but substantial financial gain.

Conclusion: A Wise Choice for Future Prosperity

This apartment in Đenovići is not just a property; it’s a canvas waiting for you to paint your vision and a strategic entry into a flourishing market. Embrace the opportunity to turn this space into a welcoming retreat or a profitable rental. With the charm of the Adriatic region at your doorstep and a sound investment plan in place, you’re sure to thrive.

Don’t let this incredible opportunity pass you by. Connect with us today to explore the potential that awaits you in Đenovići!