Historic Seaside Villa

Unlock the Charm of Coastal Living with a Historic Gem

Imagine waking up to the serene sound of waves lapping gently against the shore, the stunning backdrop of the Montenegrin coastline painting your mornings with vibrant hues. This historic villa, nestled in the heart of Prčanj, offers not just a breathtaking living space but an enticing investment opportunity that captures the essence of coastal living while offering lucrative returns.

Architectural Elegance Meets Modern Comfort

Constructed in the 18th century, this Gothic-style villa stands as a beacon of history and craftsmanship. With a total living area of 222 m², it envelops guests and residents alike in an atmosphere of charm and sophistication. Each of the four fully equipped apartments delivers a unique experience, complete with private terraces that invite you to savor the stunning sea views. The architecture itself, with its intricate details and classic design, tells a story of an era gone by, while modern amenities ensure comfort and convenience for today’s discerning traveler.

Thriving Locale with Endless Attractions

The villa’s prime location in Prčanj enhances its appeal immeasurably. Just a stone’s throw from a delightful local restaurant and a mere 100 meters from a grocery store, it integrates the best of both worlds—quiet coastal retreat and access to local conveniences.

Furthermore, the surrounding area is rich with points of interest. Visitors can explore the UNESCO World Heritage site of Kotor, known for its medieval architecture and stunning fjord-like bay. Adventurous souls can partake in various outdoor activities like hiking, sailing, and exploring charming neighboring villages. The proximity to bustling towns like Tivat and Budva offers endless opportunities for cultural and nightlife experiences, making this villa a perfect home base for a diverse range of visitors.

Maximize Your Investment with a Turnkey Operation

Currently thriving as a successful aparthotel, this property provides a ready-to-go business model for investors. The established reputation of the villa coupled with its captivating charm makes it a magnet for seasonal travelers seeking a unique stay. Owners can step into a seamless operation, giving them peace of mind while reaping the financial rewards.

Comprehensive Revenue Potential

The calculated annual revenue exemplifies its significant income-generating capacity. With a simplified breakdown:

– **Summer Revenue Calculation**:
4 apartments × 100€/night × 90 days = 36 000€

– **Winter Revenue Calculation**:
4 apartments × 50€/night × 180 days = 36 000€

– **Total Annual Revenue**:
72 000€

With operating costs sitting around 30%, the estimated net income reaches 50 400€. This direct connection between location, visitor attraction, and operational readiness makes the villa a golden opportunity for any investor looking to make a mark in the hospitality sector.

Robust ROI Analysis

With an initial investment of approximately 600 000€, the return on investment (ROI) stands at a notable 8.4%. This compelling figure underscores the property’s financial viability, promising not just returns but the pleasure of owning a piece of history in a stunning coastal destination.

Conclusion

Harnessing the beauty of the sea, the allure of its rich history, and the potential for financial success, this historic villa in Prčanj is the complete package for savvy investors. Whether you envision a peaceful retreat for yourself or a thriving hospitality venture, this property invites you to step into a lifestyle of elegance and profit. Don’t let this unique opportunity pass by; embrace the chance to invest in the enchanting charm of Montenegro.