Apartment with Sea View in Kotor Bay

Explore the Unmatched Charm of Kotor Bay Real Estate

Kotor Bay embodies the essence of coastal living, with its majestic mountains cradling serene waters, making it a true jewel of Montenegro. Investing in property here is not just about acquiring real estate; it’s about becoming part of a community rich in history, culture, and natural beauty. This stunning two-bedroom apartment, located in the beautiful area of Kostanjica, offers an unparalleled lifestyle and investment opportunity that is hard to resist.

Surrounding Developments Enhancing Property Value

The area surrounding the apartment is experiencing rapid development, with numerous projects enhancing infrastructure, amenities, and tourism. New restaurants, cafes, and shops are flourishing, catering to both locals and tourists. Notably, the nearby quaint village of Prcanj, known for its charming waterfront and historic stone architecture, adds to the allure of Kotor Bay.

For those interested in outdoor activities, the region is dotted with hiking trails, cycling routes, and water sports facilities, ensuring that adventure is just a stone’s throw away. As property investment in Montenegro continues to grow, the demand for vacation homes in such stunning settings is expected to soar, making this apartment a prime choice for savvy investors.

Local Points of Interest Enhancing Lifestyle

Imagine starting your day with the sun rising over the Adriatic Sea, sipping coffee on your terrace while admiring the breathtaking views. Kotor Bay is rich in history and culture with attractions like the medieval city of Kotor, a UNESCO World Heritage site, where cobbled streets and ancient fortresses tell tales from centuries past. The bay is also renowned for its lively festivals, culinary delights, and vibrant nightlife, perfect for experiencing the local flavor.

Additionally, just a short drive away, you’ll find the enchanting town of Perast, famous for its stunning islands and baroque architecture. The region’s rich cultural heritage combined with modern conveniences elevates the experience of owning this property beyond mere living space—it becomes a gateway to a lifestyle brimming with exploration and excitement.

Attractive Features of the Apartment

This apartment is not just beautiful but also boasts a myriad of attractive features. Some highlights include:

– **Spacious Layout:** The 67.5 m² design seamlessly integrates space for relaxation, dining, and modern living.
– **Air Conditioning:** Ensuring comfort in warmer months.
– **Secure Living:** The residential complex is equipped with video surveillance and secure access, providing peace of mind.
– **Fully Furnished:** Designed for immediate occupancy or rental, saving you time and effort.
– **Private Beach Access:** An exclusive perk for residents, making leisure time a breeze.

A Strategic Investment in a Booming Rental Market

The investment potential for this apartment is substantial, making it an attractive asset in the ever-expanding Montenegrin real estate market. As highlighted earlier, with seasonal rental prices soaring—up to 150€ per night in the summer and averaging 70€ during the winter—the possibilities for generating income are significant.

Exploring the ROI Potential

To further illustrate the investment opportunity:

1. **Summer Rental Income:** 150€/night x 120 nights = 18 000€
2. **Winter Rental Income:** 70€/night x 130 nights = 9 100€
3. **Total Annual Income:** 18 000€ (summer) + 9 100€ (winter) = 27 100€

With a modest occupancy rate of 65%, the equation presents a rosy picture:

– **Expected Annual Income:** 27 100€
– **Initial Purchase Price:** 200 000€
– **ROI Calculation:**
ROI = (Annual Income / Property Price) × 100 = (27 100€ / 200 000€) × 100 = 13.55%

Seize the Opportunity Today!

With a projected ROI of 13.55%, this apartment is not merely a property; it’s an investment in a desirable lifestyle and a significant financial asset. The combination of breathtaking views, modern amenities, and a prime location positions this apartment as a truly unique find in Kotor Bay. Don’t miss out on the chance to secure your piece of this paradise and tap into a thriving rental market in one of Europe’s idyllic coastal regions. Your dream investment awaits!