Charming Apartment in Đenovići

Explore the Allure of Đenovići: A Land of Opportunity

Nestled along the scenic coastline of Montenegro, Đenovići is not just a picturesque town with breathtaking views of the Adriatic Sea; it is also a burgeoning hub for real estate investment. The charming one-bedroom apartment you are considering is situated in the heart of this vibrant locale, offering both comfort and convenience.

A Thriving Community

Đenovići has blossomed in recent years into a sought-after destination for both tourists and residents. Local infrastructure continues to improve, with new shops, restaurants, and recreational facilities springing up, enriching the community for both visitors and long-term inhabitants. The nearby marina provides opportunities for boating and water sports, while lush walking trails invite you to immerse yourself in the area’s natural beauty.

Accessibility and Convenience

One of the standout features of this property is its proximity to the sea—just a short 500-meter stroll away. Imagine stepping out of your apartment and within moments feeling the refreshing sea breeze as you walk along the shoreline.

Key points of interest in and around Đenovići include:
– The stunning beaches perfect for sunbathing and swimming.
– Gourmet restaurants inviting you to indulge in local cuisine made from fresh, regional ingredients.
– Vibrant markets where you can find unique handicrafts and fresh produce.
– Historical landmarks that tell the rich story of the Montenegrin culture.

Pursuing Relaxation and Enjoyment

Inside the apartment, thoughtful design offers warmth and comfort. The open-concept kitchen and living area make it easy to entertain guests or simply unwind after a day exploring. The well-designed bathroom and cozy bedroom provide all the amenities you need for a restful retreat. Venturing outside, the private garden serves as your personal oasis—a tranquil setting to savor a morning coffee or a serene place for evening contemplation.

Rental Potential

As an investor, the potential for generating a substantial return is tantalizing. This location is perfect for short-term holiday rentals, especially during the summer season when the influx of tourists boosts demand. Your apartment could be the perfect home away from home for visitors looking for a peaceful getaway.

ROI Analysis and Profit Potential

Calculating potential returns on investment is essential for any astute investor. The expected summer rental income of approximately 700€/month (for 3 months), combined with winter rentals averaging 400€/month (for 9 months), leads to the following calculations:

1. **Total rental income calculation**:
– Summer: 700€ x 3 = 2 100€
– Winter: 400€ x 9 = 3 600€
– **Grand Total**: 2 100€ + 3 600€ = 5 700€/year

2. **Expenses**:
– Estimated property expenses: 1 200€/year

3. **Profit Calculation**:
– Profit after expenses: 5 700€ – 1 200€ = 4 500€/year

With this initial investment of 110 000€, the ROI is calculated as follows:
– Annual ROI = (4 500€ / 110 000€) x 100 = 4.5%

This annual return demonstrates that your investment in Đenovići can yield steady and profitable earnings.

Conclusion: A Wise Investment Choice