Cozy Apartment in Đenovići, Herceg Novi

Experience Coastal Living at Its Best

Finding the perfect investment in real estate can often feel like searching for a pearl in the vast ocean. However, this charming 30m2 apartment located in Đenovići, Herceg Novi is that hidden treasure you’ve been seeking. Nestled just 500 meters from the sparkling waters of the Adriatic Sea, this cozy retreat combines comfort, modern living, and an enviable location, making it not only a delightful home away from home but also a smart investment opportunity.

Community and Surroundings

The Đenovići area is known for its welcoming atmosphere and community spirit. With friendly locals, stunning coastal views, and an array of amenities, it provides a perfect backdrop for a relaxed lifestyle. Here are a few highlights that add to the area’s charm:

– **Proximity to Attractions**: Just a short drive away, the ancient city of Herceg Novi boasts rich history with its fortress ruins, charming streets, and invigorating cultural festivals.
– **Vibrant Food Scene**: Savor the local Mediterranean cuisine at nearby restaurants, where fresh seafood and regional wines create a culinary experience that tantalizes the taste buds.
– **Outdoor Activities**: From water sports to hiking trails that showcase breathtaking landscapes, the region is a haven for adventure enthusiasts.

Accessibility and Development

As Montenegro continues to grow in popularity, Đenovići is experiencing a wave of development that enhances its allure. The prestigious Portonovi marina complex nearby is one of the main attractions, offering luxurious amenities such as:

– Marina berths for yacht enthusiasts
– Upscale boutiques and shops
– Diverse dining options with breathtaking views

Additionally, improvements in infrastructure mean easier access to major cities and other attractions. The recently constructed roadways and public transport options make traveling a breeze, inviting more visitors to explore this beautiful coastline.

Strong Rental Market

The real estate market in Herceg Novi is flourishing, thanks to its appeal as a tourist destination. The increasing demand for vacation rentals ensures a lucrative opportunity for investors. With a price tag of 116 000€, the charm of this apartment is further amplified by its potential for generating substantial rental income.

Imagine the thrill of welcoming guests to your property, where they can escape to paradise and create lifelong memories. During the peak season from June to August, you could very well earn around 500€ per week, leading to an impressive annual rental yield of approximately 20 000€.

Diving Deeper into the ROI

When assessing the financial viability of an investment, calculating the Return on Investment (ROI) is crucial. Using the provided figures, we can break it down as follows:

– **Annual Income**: 20 000€
– **Total Investment**: 116 000€

This leads us to a straightforward calculation:
ROI = (Annual Income / Total Investment) x 100 = (20,000 / 116 000€) x 100 = 19%.

Your Opportunity Awaits

By purchasing this cozy apartment, you’re not just acquiring a property; you’re investing in a lifestyle, a community, and an opportunity that promises fruitful returns. The projected ROI of 19% illustrates the strong potential waiting within these sun-kissed shores.

Don’t let this opportunity sail away – embrace the charm of Herceg Novi and make your investment dream a reality. Your coastal retreat awaits!