Beautiful Villa in Prčanj

Investment in the Heart of Montenegro: Your Dream Villa Awaits

Nestled in the enchanting village of Prčanj, this unfinished villa presents an exceptional opportunity for discerning investors seeking both a tranquil retreat and a lucrative investment. Set just 50 meters from the azure waters of the Bay of Kotor, this property is a gem waiting to be polished. Its stunning views set the stage for an extraordinary lifestyle, while the surrounding area offers a myriad of attractions and conveniences that make it an ideal choice for both personal enjoyment and financial success.

Unmatched Location and Scenic Beauty

Prčanj is a picturesque coastal village known for its charming streets, historical architecture, and breathtaking natural beauty. The villa sits amidst a landscape infused with Mediterranean allure, where the lush green hills meet the sparkling sea. Residents and visitors can explore quaint cafes, indulge in local cuisine, and enjoy waterfront activities just moments away.

The Bay of Kotor itself is not only a UNESCO World Heritage site but also one of the most stunning bays in the world. As you stroll along the waterfront, you’ll be captivated by the dramatic mountains and peaceful ambiance. The surrounding area is rich in cultural heritage, with nearby towns like Kotor and Perast, offering historical sites, vibrant markets, and a lively atmosphere.

A Wealth of Investment Opportunities

The investment potential of this villa extends beyond its stunning beauty. With a total land area of 1,684 m², including a vacant adjacent parcel, the possibilities for future development are vast. Investors could consider building additional rental units, enhancing the property’s income-generating potential. Here are just a few ideas:

– **Expand the Current Villa**: Add more living spaces to accommodate larger families or groups.
– **Build Additional Rental Units**: Develop the adjacent parcel with prefabricated houses or vacation apartments, catering to the growing demand for short-term rentals in this sought-after destination.
– **Create Luxury Amenities**: Consider adding a spa, gym, or even a small restaurant that could attract locals and tourists alike.

With the growth of tourism in Montenegro, particularly in Kotor and its surroundings, this is a strategic investment poised to appreciate over time.

Accessibility and Modern Conveniences

Prčanj is conveniently located within a short drive from Tivat Airport, making it easily accessible for both international and domestic travelers. The nearby town of Kotor offers a host of amenities, including supermarkets, banks, and healthcare facilities. This combination of accessibility and convenience enhances the attractiveness of the villa as a rental property, likely to draw vacationers year-round.

Strong Rental Market

The burgeoning rental market in Montenegro provides a compelling case for investment. Summer months see high demand, with rental rates averaging around 2 500€ per month. In contrast, winter months still offer a solid return, with rates around 1 200€ per month. This diversity ensures that income is consistent throughout the year, an essential factor for any investor looking to maximize returns.

Calculating Your ROI

The financial aspect of this villa presents an exciting opportunity for growth. With an annual rental income estimate of 27 600€, your ROI calculation further solidifies the property’s attractiveness:

– **Investment**: 935 000€
– **Annual Income**: 27 600€
– **ROI Calculation**: (Annual Income / Investment) x 100 = (27,600 / 935 000€) x 100 = 3.24%

However, this is just the beginning. If you choose to develop the adjacent parcel, your ROI could see significant increases, potentially reaching well beyond the estimates provided.

Your Path to Paradise Awaits

Imagine owning a piece of paradise, where the gentle sound of waves lapping at the shore combines with the scent of Mediterranean herbs wafting through the air. This villa in Prčanj is more than just a property; it represents a lifestyle filled with adventure and relaxation.

Seize this opportunity to invest in not only a home but also in a burgeoning market that holds immense potential for growth. Contact us today to schedule a viewing and take the first step toward making your dream investment a reality!