Exceptional Seaside Home in Meljine

Explore the Beauty and Investment Potential of Meljine’s Coastal Gem

Investing in a property is not only about the bricks and mortar; it’s about the lifestyle and the opportunities that come with it. This exceptional seaside home in Meljine, Herceg Novi, offers a unique blend of charm, versatility, and commercial potential. With its picturesque surroundings and appealing amenities, this is not just a house; it’s a gateway to a vibrant coastal life.

Prime Location with a Touch of Elegance

Nestled in a desirable area just a stone’s throw from the Lazure complex and marina, this vintage stone house embodies elegance by the sea. Imagine waking up to the gentle sounds of waves lapping against the shore, with the sun casting golden rays over crystal-clear waters. The southern exposure ensures that your home is bathed in sunlight, enhancing the beauty of the stunning sea views. This is a place where every sunrise paints a new masterpiece in the sky, making daily life feel like a perpetual vacation.

Versatility for Diverse Needs

One of the outstanding features of this property is its flexibility. The house currently operates as a successful restaurant with apartments, making it perfect for an investor looking to capitalize on the bustling tourism market. With three thoughtfully designed living spaces—a cozy studio, a spacious two-bedroom unit, and a studio with two separate bedrooms—this home can accommodate families, couples, or even larger groups.

The property boasts four terraces, providing ample outdoor spaces for relaxation and entertainment. Picture enjoying a morning coffee on the expansive 70m² front terrace, gazing out over the serene seascape, while the intimate courtyard terraces invite moments of peace and reflection.

Unmatched Investment Potential

The parcel behind the house, stretching 346m², opens the door to exciting development possibilities. With construction eligibility and existing plans for expansion already submitted, the potential for increasing property value is undeniable. Whether you envision extending the current structure or adding new features, the canvas is wide open for your creative ideas.

In a region known for its breathtaking landscapes and growing tourist appeal, this property stands as an attractive investment option. As the tourism industry flourishes, the demand for rental accommodations continues to rise, further enhancing the prospects for long-term gains.

ROI: A Clear Path to Profitability

This seaside property not only offers lifestyle advantages but also solid financial returns. The numbers speak for themselves, with strong rental income potential during peak seasons.

Simplified ROI Calculation

To give you an overview of what you can expect, let’s break down the potential rental income:

– **Summer Rentals (6 months)**: Approximately 3 000€/month
– **Winter Rentals (6 months)**: Approximately 1 500€/month

Calculating annual income:
– Annual Rental Income = (3 000€ x 6 months) + (1 500€ x 6 months) = 18 000€.

Accounting for annual costs (including maintenance and taxes) estimated at 3 600€, your net income stands at:
– Net Income = 18 000€ – 3 600€ = 14 400€.

Thus, the ROI can be calculated as follows:
– ROI = (Net Income / Investment Price) x 100 = (14 400€ / 1 650 000€) x 100 = 0.96%.

The Bigger Picture

Owning this property means becoming part of a community that thrives on beauty, culture, and outdoor adventure. Herceg Novi is not just a destination; it’s a lifestyle enriched by local history, exquisite cuisine, and activities that range from sailing to hiking along breathtaking coastal trails.

Imagine investing in a property that is not only a personal oasis but also a catalyst for financial growth. This seaside home in Meljine is a unique opportunity; its charm and potential are waiting to be explored. Don’t let this chance slip away—make it yours today and step into a brighter, more profitable future!