House for Renovation in Baošići

Your Gateway to Investment in Baošići

Are you seeking a prime investment opportunity in one of Montenegro’s most charming locales? Look no further than this renovation house in the idyllic village of Baošići, Herceg Novi. With a competitive price of 88 000€, the property, sprawling across a substantial 300 m² plot, is a blank canvas waiting for your creative vision.

Transformative Potential Awaits

This property is not just a house; it is an opportunity to create something truly special. Picture yourself transforming this existing structure into a modern masterpiece, blending the traditional charm of Montenegro with contemporary design elements. Imagine creating an inviting atmosphere that could attract both locals and tourists, making it a perfect retreat or rental property.

Location: The Heart of Development

Baošići is strategically located, providing easy access to major roadways and nearby attractions. The ongoing development in the area makes this the perfect time to invest. Surrounded by charming cafes, local markets, and pristine beaches, your future property can become a sought-after getaway nestled in the vibrant Montenegro landscape. The allure of this area attracts visitors seeking respite from bustling city life, ensuring a steady flow of clientele.

Investment Analysis: A Bright Financial Horizon

Investing in real estate often leads to a fruitful journey, and this property exemplifies that. By reimagining this house, you can step into a world of profitable possibilities. The breakdown of potential rental income adds color to your investment strategy:

– **Summer (4 months)**: With elevated tourist activity, you could charge 800€/month, generating 3 200€.
– **Winter (8 months)**: Even during the quieter months, a rental rate of 400€/month could yield another 3 200€.

Bringing the annual income to a promising total of 6 400€, the ROI stands at an impressive 8%. This calculation illustrates how real estate in Baošići is not merely a purchase but an investment in your financial future.

Utilities That Simplify Renovation

One of the standout features of this investment is the available utility connections for water and electricity. This invaluable asset means less hassle and faster turnaround when it comes to renovation. With the existing urban development conditions (UTU) granting you the flexibility to construct a new dwelling of up to 250 m², the doors are wide open for you to design a residence that reflects your aspirations.

A Community on the Rise

Join the growing number of investors who see the potential of Baošići. This community is rapidly becoming a hotspot for both tourism and residential living. By investing here, you are not just purchasing property; you are becoming part of an evolving story, one that is rich in local culture and natural beauty.

Conclusion: Take the Next Step

This house for renovation in Baošići is more than just an opportunity to buy real estate. It is a chance to invest wisely, harnessing the vibrant energy of a community that is on the rise. The combination of location, potential, and market dynamics makes this property a promising venture for any keen investor.

Seize this opportunity to transform your vision into reality. Contact us today to learn how you can embark on this exciting journey in beautiful Montenegro!