Apartment for Sale in Đenovići, Herceg Novi

Investment Opportunity in the Heart of Herceg Novi

Imagine waking up every day to the gentle sound of waves lapping against the shore and the fresh Mediterranean breeze filling your home. This captivating 1-bedroom apartment in Đenovići, Herceg Novi, offers just that, and much more! Nestled a mere 100 meters from the turquoise waters of the Adriatic Sea, this charming property stands as a beacon of comfort and convenience, ideal for both personal enjoyment and profitable investment.

Strategic Location and Development Potential

One of the key advantages of this apartment is its enviable location. Đenovići is on the rise, experiencing remarkable development in both infrastructure and tourism. The exclusive Portonovi marina is very close, bringing with it an influx of visitors and a vibrant atmosphere that promises to enhance property values and appeal to seasonal tourists. As Herceg Novi steadily evolves into a sought-after destination, your investment here could appreciate significantly over the years.

Key features of the surrounding area include:

• Proximity to Attractions: Venture out to discover historical sites, stunning beaches, and quaint local restaurants that give the place its unique identity.


• Access to Amenities: Local shops, cafes, and recreational facilities are just a short stroll away, ensuring that residents and guests have everything they need close at hand.


• Transport Links: With excellent road networks and ferry services, accessibility to nearby towns such as Kotor and Tivat is effortless, making it a perfect base for exploration.

Appealing Design and Modern Convenience

Step into the apartment, and you’ll find a well-designed living space of 37 m² that cleverly integrates a cozy atmosphere with modern aesthetics. The open layout combines a comfortable living room with a fully equipped kitchen and dining area, making it perfect for entertaining or relaxing. With a delightful terrace offering glimpses of the shimmering sea, you’ll have the ideal spot to soak in those breathtaking sunsets.

In addition to its attractiveness, this apartment is built for living ease. It comes with a dedicated parking space and a climate control system to ensure year-round comfort. It’s more than just a place to stay; it’s a lifestyle choice.

Robust Rental Market

For savvy investors, this studio apartment presents an exceptional opportunity to tap into the booming rental market in Montenegro. Tourist arrivals are soaring, and properties like this one are in high demand.

Consider the potential income driven by seasonal rentals. The average rental price can reach 70€ per night during the peak summer season. With an estimated 90-night rental period in high demand, combined with a reasonable 60 nights at 40€ during the shoulder season, the income potential becomes quite attractive.

Simplified ROI Calculation

The anticipated annual rental income breaks down as follows:
(70€ * 90 days) + (40€ * 60 days) = 6 300€ + 2 400€ = 8 700€.

With an estimated annual operating expense of 20%, the net income yields:
8 700€ – (8 700€ * 20%) = 6 960€.

Given the purchase price of 102 000€, this translates into an ROI of approximately 7.49% per year. Such a figure not only signifies a lucrative investment but also underscores the tremendous growth potential of the region.

Final Thoughts

Owning this beautiful apartment in Đenovići doesn’t just grant you a delightful getaway; it provides an avenue for sustainable income and growth in one of Europe’s most mesmerizing coastal regions. With the ongoing development in the area and its ever-increasing appeal to tourists, this investment could very well be your next great success. Don’t miss the opportunity to be a part of the Montenegro story—reach out today for more details!