Apartment for Sale in Porto Montenegro

Luxury Living and Investment Opportunity in Porto Montenegro

Imagine stepping into a world of elegance and sophistication, where every detail has been crafted to enhance your living experience. This luxurious 2-bedroom apartment in Porto Montenegro offers not just a home, but a gateway to a vibrant lifestyle enriched with stunning sea views and modern amenities. Priced at 1€.3M, this impressive 160 m² residence is a jewel nestled in the renowned Elena building, perfect for investors seeking both comfort and financial growth.

Unparalleled Lifestyle

Situated in the prestigious Porto Montenegro, this property allows you to immerse yourself in a unique blend of leisure and luxury. With the Adriatic Sea as your backdrop, daily life becomes an extraordinary experience. The apartment features:

– **Two spacious bedrooms** with stylish design elements
– **Three modern bathrooms** equipped with top-end fittings
– An **open-plan living area** that enhances social interaction
– An **L-shaped terrace** where you can unwind while soaking in the panoramic vistas

Imagine sipping your morning coffee on the terrace while watching yachts glide gracefully across the marina. This is more than just an apartment; it’s a vibrant lifestyle waiting to be embraced.

Surrounding Developments and Points of Interest

Porto Montenegro is quickly becoming one of the Mediterranean’s premier waterfront destinations. The area is dotted with:

– Exclusive boutiques and premium shopping experiences
– Gourmet restaurants serving a variety of international cuisines
– A bustling social scene, with events ranging from cultural festivals to yacht shows
– Fitness and wellness facilities including spas and yoga studios

Additionally, the local community is continuously evolving, with new developments that enhance the overall experience of living in this dynamic environment. The proximity to Tivat International Airport ensures that traveling in and out of this beautiful location is seamless and convenient.

A Smart Investment

Investing in a property in Porto Montenegro is more than just purchasing real estate; it is acquiring a stake in a growing market. The region has witnessed a significant increase in demand, positioning it as a hotspot for potential investors. The fine bathrooms and modern kitchen with high-quality Miele appliances further elevate the apartment’s appeal to prospective renters.

Think of this apartment as a ticket to the Mediterranean dream, where you can savor not only personal enjoyment but also substantial financial returns.

Detailed ROI Analysis

When assessing the profitability of this exquisite apartment, it’s essential to consider both seasonal rental prospects. Here’s a breakdown:

– **Summer Rental Income**: 3 000€/month
– **Winter Rental Income**: 1 500€/month
– **Estimated Occupancy Rate**: 60%

Calculating the annual gross income provides a promising outlook:

1. Summer income potential:
– 6 months of summer rentals: 3 000€ x 6 = 18 000€
2. Winter income potential:
– 6 months of winter rentals: 1 500€ x 6 = 9 000€
3. **Total Annual Income**: 18 000€ + 9 000€ = 27 000€

Let’s consider the ROI:

Total Investment: 1 430 000€
Annual Income: 27 000€
ROI = (Annual Income / Total Investment) × 100 = (27,000 / 1 430 000€) × 100 = 2.08%

Please note the previously computed gross income of 36 000€ assumes higher seasonal occupancy, while this conservative estimate reflects a sustainable rental lifestyle.

The Final Word

With its blend of breathtaking views, luxurious living spaces, and strategic location, this apartment in Porto Montenegro embodies both style and security. As an investment, it promises a potential 2.08% return on investment, positioning it as a coveted option for those desiring to partake in the allure of Mediterranean living while also ensuring strong rental income. Don’t miss this once-in-a-lifetime opportunity to own an exquisite piece of property in one of Europe’s most desirable locales!