Apartment for Sale in Grbalj

Explore the Grbalj Lifestyle: A Hidden Gem in Montenegro

Investing in real estate is not just about purchasing property; it’s about embracing a lifestyle and securing a piece of a community filled with growth potential. This charming 2-bedroom apartment in Grbalj, Kotor, conveniently nestled just 1 km away from the breathtaking Jaz beach, embodies the ideal combination of comfort, modern living, and promising investment potential.

Location: The Heart of Coastal Living

Grbalj is rapidly becoming one of Montenegro’s most desirable spots. Its close proximity to Budva—a lively hub known for its stunning beaches, vibrant nightlife, and rich cultural heritage—positions this property perfectly for those seeking both relaxation and excitement. Imagine waking up to coastal breezes, taking leisurely strolls along sandy shores, and enjoying an array of local eateries and entertainment options.

Thriving Development in the Vicinity

The surrounding area is witnessing robust development, making it a hot spot for real estate investment. New cafes, shops, and recreational facilities are continually emerging, enhancing the charming village vibe of Grbalj while providing modern conveniences. Scenic coastal roads lead to nearby historical sites, such as the ancient city of Kotor and the iconic St. Stefan, promising endless exploration opportunities.

Modern Design and Thoughtful Features

Step inside your potential new home, which covers a spacious 79 m², designed to maximize comfort and functionality. The apartment boasts a generous open-plan living area with panoramic windows that invite natural light to dance across the stylish interiors. Imagine hosting friends and family in the inviting living room, or enjoying quiet evenings on your lovely terrace.

The two well-appointed bedrooms provide a sanctuary of tranquility, complete with electric shutters that ensure peace whenever needed. High-quality finishes and tasteful design create not just living spaces, but a lifestyle infused with elegance and ease.

Community Life and Shared Amenities

Living in this apartment means being part of a vibrant community. The shared amenities—a delightful pool, picnic area, and ample parking spaces—cultivate a sense of belonging. Whether you wish to relax by the pool or enjoy a barbecue with friends in the picnic zone, this property caters to all aspects of social living.

A Strong Investment Proposition

With a purchase price of 122 000€, this apartment presents an attractive entry point into Montenegro’s real estate market. For investors, the opportunity for significant returns is evident. Below are examples of the fantastic rental potential this property offers:

– **Summer Rentals**: With an average of 120€ per night for about 60 nights, the seasonal appeal of the area can generate impressive income.
– **Winter Rentals**: With a more stable yet lower occupancy of 120 nights at 50€ per night, the winter months still contribute to a healthy revenue stream.

Projected Rental Income

Summing up both seasons, total rental income could reach an impressive 11 000€ annually.

ROI Analysis: A Smart Investment Choice

Let’s break down the numbers:

– **Total Investment**: 122 000€
– **Projected Annual Income**: 11 000€
– **ROI Calculation**: (11,000 / 122 000€) x 100 = 9.95%

This calculated ROI of 9.95% not only makes this apartment a fantastic living space but also a strategic investment opportunity in an evolving market.

Final Thoughts: Seize Your Opportunity