Charming Coastal House in Strp

Discover the Allure of Strp: A Coastal Investment Gem

Imagine waking up each morning to the sound of gentle waves lapping against the shore and the stunning backdrop of the Adriatic Sea. This captivating 3-bedroom house in Strp, Kotor, is not just a home; it is a window into a lifestyle filled with serenity and commercial promise. With its proximity to the sea and the enchanting beauty of the surrounding area, this property is an irresistible opportunity for those looking to invest in Montenegro’s thriving real estate market.

Endless Natural Beauty

Nestled in the idyllic village of Strp, the property is ideally situated just 250 meters from the beach. Picture yourself exploring the coastal paths lined with Mediterranean flora, or perhaps enjoying a quiet moment on the terrace, gazing out at the breathtaking vistas of Boka Bay. The region boasts numerous natural attractions, including hidden coves and stunning viewpoints that can captivate the hearts of tourists and locals alike.

Local Development and Growing Interest

The area surrounding Strp is experiencing a surge in development, positioning it as a hotspot for future investments. New restaurants, cafes, and shops are emerging, appealing to both locals and visitors. The proximity to Perast, just 3 km away, adds to the charm, as this historic town with its picturesque scenery attracts countless tourists every year. The vibrant Porto Montenegro, located about 15 km away, has positioned itself as a luxury destination, further enhancing the allure and potential rental demand for your property.

Unforgettable Experiences Await

Choosing to invest in this charming coastal house means tapping into the myriad of experiences the region offers. From adventurous activities such as sailing and hiking to cultural explorations of Kotor’s UNESCO World Heritage sites, your property can serve as a gateway to unforgettable moments for your guests. Families can enjoy day trips to nearby islands, while couples may delight in romantic dinners overlooking the sea. Every aspect of this beautiful location beckons visitors to return again and again.

Flexible Living Spaces

The versatile design of this house makes it suitable not only for personal use but also as a lucrative vacation rental. The ground floor includes a separate studio apartment that’s perfect for accommodating guests, thereby maximizing your rental income. Imagine the stories shared over warm meals in the expansive living space of the first floor, where a cozy fireplace creates an inviting atmosphere during cooler months. Meanwhile, the top-level apartment with a private terrace provides an intimate retreat for couples or families looking for a relaxing getaway.

Turnkey Opportunity with Minimal Updates

With mostly cosmetic updates needed, you can swiftly transform this property to meet your personal style or rental needs. Efficient upgrade options might include refreshing the interiors, enhancing outdoor seating areas, or adding some local art to create a unique coastal ambiance. These simple enhancements can significantly increase your property’s appeal and value.

Prospective Rental Income: A Beacon of Profitability

Let’s delve deeper into the financial prospects associated with this investment. With the rental market flourishing in the region, especially during peak tourist seasons, the potential income generated from this property is striking.

– **Summer Rentals:** During peak season, charging 2 000€ per week for 12 weeks could yield an impressive 24 000€ in rental income.
– **Winter Rentals:** In the winter months, with a rental price of 1 000€ per month for 6 months, an additional 6 000€ can be accumulated.

Combining summer and winter income, the total potential rental income amounts to 30 000€ annually. After accounting for estimated expenses of 6 000€, which is roughly 20% of gross income, you could enjoy a net profit of 24 000€.

Visualizing Success: A Promising ROI

The attractiveness of this investment cannot be overstated. With an asking price of 583 000€, your calculated ROI stands at an impressive 4.53%. This is not just another transaction; it is an opportunity to secure a valuable asset that can generate income while offering a lifestyle filled with the beauty of coastal living.

Embrace Your Future in Strp

In conclusion, this stunning coastal house in Strp represents much more than just a real estate investment. It encapsulates a lifestyle filled with natural beauty, cultural richness, and commercial potential. Whether you envision it as your personal sanctuary or a thriving rental business, this property is a rare chance to embrace the best of what Montenegro has to offer. Seize this opportunity and step into a future of promising returns and unforgettable experiences.