Cozy 1-Bedroom Apartment in Lavender Bay Complex

Invest in Your Dream Retreat: A Closer Look at Lavender Bay’s 1-Bedroom Apartment

Imagine stepping into your own private sanctuary, nestled in the stunning landscapes of Morinj, Kotor. The cozy 1-bedroom apartment at Lavender Bay invites you to indulge in a life of leisure and opportunity, seamlessly merging comfort with the vibrant allure of the Adriatic coast.

Discover the Enchantment of Lavender Bay

Morinj, known for its serene beauty and quaint charm, is rapidly becoming a sought-after destination for both tourists and investors. This well-located apartment offers a perfect gateway to experience the rich culture and history of Montenegro. Strolling through the picturesque streets, you will encounter traditional stone houses, delightful cafes, and the warm hospitality of the locals. The enchanting blend of nature and culture truly makes it a unique investment.

Explore Local Developments and Points of Interest

The vicinity of Lavender Bay is brimming with exciting developments that enhance your investment potential. A new waterfront promenade is under construction, promising to further elevate the area’s charm while attracting more visitors. In addition, local markets and shops are expanding, providing residents with an array of dining and shopping options just a stone’s throw away.

Key attractions nearby include:

– **Kotor Old Town**: A UNESCO World Heritage site, just a short drive away, bursting with medieval architecture, bustling squares, and a vibrant arts scene.
– **Perast**: A scenic town known for its stunning islands, where visitors can enjoy boat trips or simply soak in the breathtaking vistas.
– **Hiking Trails**: For nature enthusiasts, the nearby mountains offer countless trails that promise both adventure and tranquility.

These developments not only add value to your property but also increase the attractiveness of the area to potential renters.

Unmatched Luxurious Amenities

Residing in Lavender Bay means embracing a lifestyle filled with conveniences. The complex is designed to cater to your relaxation and wellness needs. Imagine lounging by the stunning swimming pool, absorbing the panoramic views of Boka Kotorska Bay, or finding peace in the sauna and steam room after a day of exploring.

Moreover, the well-maintained children’s playground ensures that families will feel right at home, making the complex suitable for a wide range of guests, from couples to families.

A Promising Investment Return

The position of this apartment within the Lavender Bay complex not only offers luxurious living but also solid investment prospects. The combination of stunning natural beauty and continuous urban development gives this property the potential for significant rental income year-round.

Projected Rental Income

The apartment’s prime location ensures a steady flow of tourists, particularly during peak season. Consider this breakdown of potential earnings:

– **Peak Season (June – September)**: Estimated rental income of 1 000€/month.
– **Off-Peak Season (October – May)**: Estimated rental income of 500€/month.

Using these estimates, you could anticipate an annual rental income of approximately 12 000€. Factoring in essential expenses, such as maintenance fees and management costs, which are approximately 2 000€ annually, your net income would place you in a favorable position financially.

Simplifying the ROI Calculation

To truly appreciate this opportunity, let’s look at the simple ROI calculation based on a hypothetical purchase price of 170 000€:

ROI = (Net Income / Investment) × 100

ROI = (10 000€ / 170 000€) × 100 = 6.67%

This return is an attractive prospect, especially in today’s fluctuating market.

Conclusion: Your Investment Awaits

Choosing to invest in the cozy 1-bedroom apartment at Lavender Bay is not just about acquiring a property; it’s about embracing a lifestyle of luxury, comfort, and financial opportunity. With its beautiful surroundings, excellent amenities, and promising rental returns, this apartment is perfect for both personal enjoyment and wise investment—a true slice of paradise in the stunning Adriatic coast. Secure your future today in Lavender Bay!