Coastal House in Đenovići

Why Invest in the Coastal House of Đenovići?

Investing in real estate is not merely about acquiring property; it is about securing a lifestyle infused with opportunities and experiences. The Coastal House in Đenovići offers not just a residence, but a gateway to a distinctive Mediterranean lifestyle that resonates with charm and potential.

Location Matters: A Hidden Gem

Nestled along the breathtaking coastline of Herceg Novi, Đenovići is a locality that is becoming increasingly popular among investors and vacationers alike. This picturesque area provides easy access to local attractions, making it an appealing destination for both tourists and locals. Some highlights include:

– **Portonovi**: A luxury marina and resort community, just a short distance from the property, is expected to enhance the area’s appeal significantly.
– **Natural Beauty**: The nearby beaches and beautiful landscapes offer a serene environment that is perfect for those seeking relaxation.
– **Cultural Experiences**: Herceg Novi is rich in history, featuring various cultural festivals and events throughout the year. This cultural vibrancy can attract more visitors, enhancing rental opportunities.

Community and Amenities

Living or investing in Đenovići means you are close to everything you need. Within 50 meters, you can indulge in delicious meals at the Bonaca restaurant or quickly run errands at the Idea supermarket. This proximity to essential services makes life convenient and enjoyable.

Additionally, the community is friendly and welcoming, fostering a sense of belonging that enhances the overall living experience.

Endless Possibilities: Customization and Expansion

The Coastal House also presents a remarkable opportunity for personal customization. With the current regulations allowing for the construction of two additional floors, you can tailor the home to meet your needs. Whether you envision a spacious family home, a quaint rental unit, or even a vacation haven with breathtaking views, the possibilities are virtually limitless.

Imagine hosting family gatherings on a newly constructed terrace, where laughter dances with the sound of waves crashing against the shore. The ability to expand opens the door to creating not just a property, but a retreat that resonates with your vision.

A Growing Market: Investment Potential

The Adriatic coast is not just a beautiful locale; it is also a burgeoning market for real estate investment. The steady influx of tourists and expatriates has created a demand for rental properties, particularly those in coveted locations. With the Coastal House, investors can capitalize on this trend and take advantage of the following:

– **High Seasonal Demand**: With rental income peaking during summer months, the opportunity for substantial revenue exists.
– **Year-Round Viability**: Even outside the peak season, the property can generate consistent income with accessible rental options for long-term tenants.

Taking into account the previous calculations, let’s visualize the financial potential:

Detailed Financial Overview

– **Summer Potential**: Assuming a summer rental rate of 1 500€/month for 4 months equals 6 000€.
– **Off-Season Rental**: At 500€/month for 8 months yields 4 000€.
– **Total Annual Gross Income**: 12 000€.

In simpler terms, the calculations lead to:

Annual Income: 12 000€
Purchase Price: 208 000€
ROI Calculation:
ROI = (Annual Income / Purchase Price) x 100 = (12,000 / 208 000€) x 100 ≈ 6.35%

Final Thoughts

At an approximate ROI of 6.35%, this Coastal House in Đenovići stands as a promising investment opportunity that combines both lifestyle benefits and financial growth. This property not only offers a slice of paradise but also a strategic entry point into one of Montenegro’s most attractive real estate markets. Don’t miss the chance to invest in your future—own a part of this stunning coastal community today!