Apartment for Sale in Đenovići, Herceg Novi

Explore the Grandeur of Coastal Living in Đenovići

Investing in real estate can often feel like navigating uncharted waters, but this stunning apartment in Đenovići, Herceg Novi, is a beacon of promise. With its remarkable location just 50 meters from the sea, this property not only offers a modern sanctuary for individuals or couples, but it also opens a world of investment opportunities in Montenegro’s thriving real estate market.

A Jewel in the Heart of Nature

Imagine waking up every morning to the gentle sound of waves lapping against the shore, with the sun rising majestically over the shimmering Adria. This apartment encompasses 93 m² of well-designed living space, featuring one generous bedroom and two elegant bathrooms. The open-plan layout fluidly combines the living room, dining area, and kitchen, ensuring that every corner is bathed in natural light and offers picturesque sea views. The two charming terraces invite you to unwind with a glass of wine or enjoy leisurely breakfasts while soaking in the breathtaking surroundings.

Proximity to Noteworthy Developments

Đenovići is more than just a location; it is a burgeoning community rich with amenities and activities that enhance the quality of life for residents and visitors alike. The proximity to the exclusive Portonovi marina complex places you at the center of luxury living. This area is not only a hub for water sports, fine dining, and entertainment but is also undergoing significant development, promising growth and vibrancy in the years to come. Nearby beaches beckon with their golden sands, while local restaurants tempt your palate with exquisite local and international cuisine.

An Investment Goldmine

This apartment represents a golden opportunity for savvy investors. Montenegro is gaining international recognition as a prime destination for both vacationers and long-term residents, leading to increased demand for rental properties. The well-planned infrastructure, combined with a historic appeal and breathtaking scenery, makes it an ideal setting for generating rental income.

Consider these compelling facts:

– **Average rental rates:** Summer rentals are fetching approximately 80€ per night, while winter rentals can reach around 50€.
– **Occupancy rates:** A commendable 70% occupancy during the summer months and 30% during the winter presents a lucrative opportunity.

By capitalizing on this dynamism, you can position yourself advantageously in the market, ensuring not just returns but long-term value for your investment.

Calculating Your Future Gains

To further understand the financial outlook, let’s delve into the calculation of ROI for this magnificent property:

– **Summer Income:** 80€ × 70% × 120 nights = 6 720€
– **Winter Income:** 50€ × 30% × 90 nights = 1 350€
– **Total Annual Income:** 6 720€ + 1 350€ = 8 070€

Given an acquisition price of 200 000€, we can now calculate the projected ROI:

ROI = (Annual Income / Investment) × 100
ROI = (8 070€ / 200 000€) × 100 = 4.04%

This return is a solid entry point into the thriving market of Herceg Novi, with potential for annual increases in rental rates and property value.

Conclusion

In conclusion, this apartment in Đenovići is not just a property; it’s a pathway to a lifestyle filled with sun, sea, and opportunities. The combination of its stunning location, modern amenities, and promising investment potential makes it an enticing prospect for investors looking to diversify their portfolio. Embrace the chance to own a piece of Montenegro’s coastal paradise—where every moment becomes a cherished memory, and every investment offers a bright horizon.