Charming Stone House in Morinj

Unlock the Potential of a Rustic Gem in Morinj

Discover a unique opportunity in the idyllic village of Morinj, Kotor, with this charming stone house that holds immense potential for both personal enjoyment and investment gains. The property, with its 100 m² of living space and additional auxiliary building of 37 m², is perfectly suited for those who cherish nature and seek a retreat away from the urban grind.

A Tranquil Escape with Modern Conveniences

Nestled in Gornji Morinj, this stone house offers a serene atmosphere where you can unwind amidst the rolling hills and vibrant greenery. With 1,091 m² of land, the generous outdoor space includes a lovingly maintained courtyard and a large 15 m³ cistern, ensuring a luscious garden year-round. Imagine sipping your morning coffee while surrounded by blooming flowers and the soothing sounds of nature.

Prime Location with Growth Potential

Despite its tranquility, Morinj is conveniently located just a 20-minute drive from the stunning Adriatic coast, perfectly blending peace with accessibility. As Kotor continues to gain popularity amongst tourists and expats alike, this area is witnessing a gradual development which enhances its allure. Nearby, you’ll find charming seaside cafes, vibrant markets, and exquisite hiking trails, making it a desirable destination for both locals and visitors.

Investment Insights: A Bright Future Ahead

The charming stone house not only serves as a delightful residence but also as a promising investment opportunity. The added parcels of land available at 15€ per m² mean you can expand your horizons—perhaps create vacation rentals or invest in developing prefabricated homes, capitalizing on the growing tourist market.

Key Points for Potential Investors:
– The growing popularity of Kotor and its surroundings boosts rental demand.
– An average rental of 100€ per night during peak season could yield impressive returns.
– Possibility to increase property value through strategic development.

Maximizing Your Return: Simple ROI Analysis

Let’s break down the numbers. Assuming you rent the stone house for 100€ per night with a 60% occupancy rate over three months during the peak tourist season, you could generate around 5 400€. If your total investment, including purchase and renovations, amounts to 150 000€, this sets the stage for an annual ROI of approximately 3.6%.

Long-Term Growth Prospects:
With additional land at your disposal, the potential for growth is immense. Your long-term ROI could soar beyond 8%, especially as interest in the region rises.

Why Morinj? The Allure of Montenegrin Paradise

Morinj is not just about the property; it encompasses a lifestyle enriched by culture, nature, and community. Envision leisurely strolls along the waterfront, fresh seafood dining experiences, and engaging with friendly neighbors who share a love for the beauty of their homeland. This charming village hosts numerous festivals throughout the year, showcasing traditional Montenegrin life, making it all the more captivating.

In conclusion, purchasing this stone house offers you not only a beautiful dwelling but also a key to unlocking the extraordinary potential within Montenegro. Whether you’re looking for a serene escape or an investment that promises returns, this property is a treasure waiting to be uncovered. Don’t miss out on securing your slice of this Montenegrin paradise!