Cozy Apartment in Herceg Novi

A Gem of Herceg Novi: Your Next Investment

Nestled in the picturesque coastal town of Herceg Novi, this charming 1-bedroom apartment in Topla stands as a testament to vibrant coastal living. The allure of this location is undeniable, and it serves as a brilliant backdrop for both serenity and opportunity. With the mesmerizing Adriatic Sea just 250 meters away, your daily routine can be complemented by the soothing sounds of waves and the inviting scent of saltwater.

Spacious Design and Comfort

The apartment boasts a modern layout that maximizes the use of its 47 m². Imagine stepping into a bright living room, where sunlight streams through spacious windows, illuminating the elegant décor and creating an inviting ambiance. The functional kitchen, complete with a cozy dining area, encourages culinary creativity and intimate gatherings. The spacious bedroom serves as a peaceful retreat, ensuring a restful night after a day filled with adventure. The modern bathroom features contemporary amenities, while the terrace invites you to savor the beauty of your surroundings, making it an ideal spot for morning coffee or evening relaxation.

Thriving Community and Convenient Amenities

This gem is not just about the apartment; it’s about the vibrant lifestyle that comes with it. The community around Topla is rapidly developing, witnessing an increase in infrastructure and amenities. Daily needs are met with ease thanks to nearby schools, healthcare facilities, and a lively promenade brimming with eclectic shops and delectable restaurants. Picture leisurely strolls along the waterfront, where local artisans showcase their crafts and homeowners enjoy evening meals with stunning views of the Adriatic sunset.

Moreover, the nearby beaches—some of the finest along the Montenegrin coast—offer plenty of opportunities for relaxation and recreation. These attractions enhance the overall appeal, making the area attractive to both locals and tourists alike.

Accessibility to Local Attractions

Beyond the immediate vicinity, Herceg Novi itself is steeped in history and charm. Explore the ancient fortresses, wander through the quaint cobblestone streets, or take part in the vibrant cultural events held throughout the year. The beautiful Bay of Kotor is only a short drive away, showcasing dramatic landscapes, historic towns, and fantastic hiking opportunities. This geographical advantage brings countless opportunities for both relaxation and adventure, making it a hotspot for holidaymakers seeking memorable experiences.

Investment Potential in a Growing Market

As an investor, securing a property in such a desirable location presents immense potential. The rental market in Herceg Novi is flourishing, driven by an influx of tourists and a steady demand for holiday accommodations. With the tourism sector rebounding, now is the perfect time to invest.

Realistic ROI Evaluation

Investing in this cozy apartment can yield attractive returns. With summer rentals averaging 80€ per night and expecting a 60% occupancy rate, the potential annual income soars to around 17 520€. Even during the winter months, when rentals average 40€ per night with a 40% occupancy rate, you could add an estimated 5 840€, totaling a robust yearly income of:

Total Annual Income: 23 360€

For those considering the financial side, let’s look at the returns more closely. Assuming a purchase price of 100 000€, the calculated ROI comes to:

ROI = (23 360€ / 100 000€) * 100 = 23.36%

This solid return makes the property compelling for both vacation rentals and long-term living, showcasing a promising ROI of 23.36%.

Seize the Opportunity

In summary, this cozy apartment isn’t just a place to live; it’s a smart investment opportunity in a thriving coastal community. Its charming design, prime location, and strong rental potential combine to create an ideal property for discerning investors. Don’t miss the chance to own a slice of paradise in Montenegro, where the sun, sea, and profitable opportunities await.