Apartment for Sale in Herceg Novi

Your Ideal Investment Awaits in Herceg Novi

Welcome to Herceg Novi, a gem nestled along the Adriatic coast of Montenegro. This charming coastal town is an enchanting blend of rich history, vibrant culture, and breathtaking natural scenery, making it a prime location for your next investment. Imagine the pleasure of owning a stylish 2-bedroom apartment in such an idyllic setting, where the sun kisses the sea, and the air is filled with the scent of Mediterranean flowers.

A Serene Oasis of Comfort

Step into a world of comfort with this 94 m² apartment that boasts an efficient layout designed for modern living. The two well-appointed bedrooms promise restful nights, while the contemporary bathroom caters to all your needs. With generous windows allowing natural light to stream in, every corner radiates warmth and serenity.

Thriving Local Development

Herceg Novi is undergoing dynamic transformations with new infrastructure projects and amenities being developed to enhance the overall living experience. Recent investments in the area include:

• Revamped waterfront promenades, perfect for leisurely strolls.


• New shopping centers featuring boutiques and fine dining options.


• Expanded public transport connections ensuring easy access to nearby cities.

This development momentum not only enhances the quality of life but also increases property values, making your investment more promising than ever.

Endless Points of Interest

The allure of Herceg Novi lies not just in its tranquil lifestyle but also in its array of attractions. Explore the possibilities:

• Visit the historical Savina Monastery, which dates back to the 12th century.


• Enjoy sun-filled days at the pristine beaches, like Škver Beach or the beautiful beaches of Meljine.


• Experience the vibrant local markets filled with fresh produce and artisanal products.


• Engage in outdoor activities such as hiking in the nearby mountains or sailing in the crystal-clear waters.

With both cultural and recreational offerings, there is never a dull moment in Herceg Novi, making it a sought-after destination among locals and tourists alike.

Financially Savvy Investment

As an investor, you desire a rewarding return, and this apartment stands out in that regard. With seasonal rentals being particularly lucrative, the apartment can generate impressive revenue. The potential for increased rental income during the summer months is significant, often averaging 150€/night. To illustrate:

• High Season Earnings: During the summer, you might achieve a total of 13 500€ for 3 months of rentals.


• Winter Income: The winter rentals can provide an additional 8 100€ over 9 months.

Simple ROI Calculation

As previously outlined, your total annual revenue could approximate:

Total annual revenue: 21 600€.

With the property cost of 341 000€, this results in an annual ROI of:

(21 600€/341 000€) x 100 ≈ 6.97%

Conclusion

This beautiful apartment in Herceg Novi is more than just a place to live; it represents a valuable investment in a flourishing market. With a potential ROI of 6.97%, it offers a sound opportunity for both personal enjoyment and financial security in the years to come. Seize the moment and make this coastal retreat yours today – the enchanting lifestyle of Herceg Novi awaits!