Apartment for Sale in Kumbor, Herceg Novi

Unveiling the Hidden Gem of Kumbor

Situated in the picturesque setting of Kumbor, Herceg Novi, this 1-bedroom apartment is more than just a place to live; it’s an opportunity to embrace the beauty of coastal living and smart investing. The allure of this region extends beyond its stunning sea views and modern design—it’s about becoming part of a thriving community set against the backdrop of the magnificent Adriatic.

The Ever-Growing Kumbor Community

Kumbor is not only a scenic village; it is rapidly transforming into one of the most desirable areas along the Montenegrin coast. With ongoing developments that include modern amenities, charming shops, and exquisite dining establishments, residents and visitors alike are drawn to Kumbor’s vibrant social life. Some highlights of the surrounding area include:

– **Beaches**: Within an 800-meter stroll, you can find sandy shores perfect for sunbathing, water sports, and family outings.
– **Historic Landmarks**: Immerse yourself in local culture by exploring nearby historical sites, like the beautiful Forte Mare, a 14th-century fort that overlooks the bay.
– **Outdoor Activities**: Enjoy breathtaking hikes or leisurely strolls along the waterfront promenade, with stunning scenic spots perfect for photography enthusiasts.
– **Dining Scene**: Savor delicious local cuisine at seaside restaurants, offering fresh seafood and traditional Montenegrin dishes that cater to every palate.

Investing in this apartment means not just a property acquisition; it means embracing a lifestyle filled with culture, adventure, and beauty.

Capitalizing on Investment Trends

As an investor, understanding the potential growth of your investment is crucial. The real estate market in Herceg Novi is on an upward trajectory, with property values increasing annually due to heightened demand. Given the rise in tourism, especially during the vibrant summer season, Kumbor emerges as a prime location for rental opportunities.

Consider the following factors that add to the property’s desirability:

– **Tourist Attraction**: Herceg Novi attracts thousands of visitors each year, looking for a combination of relaxation and exploration. With beautiful landscapes and cultural events, the area continues to capture the interest of tourists.
– **Accessible Location**: Located just a short drive from the international airport and major cities, Kumbor is easily reachable for both local and foreign visitors, ensuring a steady stream of potential renters.
– **Future Developments**: The municipality has plans to enhance infrastructure and services, which will further increase property values and appeal to investors.

A Closer Look at Rental Potential

To illustrate the lucrative possibilities of this investment, let’s delve deeper into the potential rental income:

– During the high season (90 days), if rented at 70€ per night, your revenue could be 6 300€.
– During the off-peak winter season (30 days) at 30€ per night, the income could generate an additional 900€.

Combining both, your potential annual rental income could amount to 7 200€.

Calculating your Return on Investment (ROI) becomes straightforward:

– **Annual Income**: 7 200€
– **Investment**: 90 000€
– **ROI**: (7 200€ / 90 000€) × 100 = 8%

An ROI of 8% indicates a healthy and rewarding investment, especially when compared to traditional savings accounts or even the stock market.

Conclusion: Your Future Awaits in Kumbor

This apartment is not merely a dwelling; it’s a gateway to experiencing the idyllic lifestyle along the Adriatic coast while being a savvy investor. The blend of modern living, rich cultural surroundings, and the promise of a solid financial return creates a compelling case for this property. Whether you seek a permanent residence, a vacation home, or an investment that yields substantial returns, this enchanting apartment in Kumbor, Herceg Novi, is an opportunity you shouldn’t miss.