House for Sale in Herceg Novi

Invest in a Slice of Coastal Paradise

Welcome to this exceptional family house for sale in Herceg Novi, where the charm of Mediterranean living meets investment potential. Set against the backdrop of majestic mountains and adjacent to the sparkling Adriatic Sea, this property represents a unique opportunity not just as a home, but also as a gateway to financial success.

Prime Location and Nearby Development

Herceg Novi is a jewel in the crown of Montenegro, known for its stunning landscapes, rich culture, and vibrant lifestyle. As the area continues to develop, residents and investors alike can look forward to numerous benefits:

– **Expansion of Infrastructure**: Recent upgrades to roads, public transport, and facilities enhance accessibility, making it easier for visitors and locals to enjoy everything the region has to offer.
– **Growing Tourism Hotspot**: Herceg Novi has seen a surge in international visitors, with attractions such as the ancient fortresses, beautiful beaches, and lively promenades attracting tourists year-round.
– **Culinary and Cultural Scene**: The city boasts an array of restaurants, cafes, and shops that celebrate Montenegrin culture, providing residents with rich experiences and enhancing the appeal for potential renters.

Being just a short distance from the Old Town means that residents can enjoy the convenience of urban living while still reaping the benefits of a tranquil neighborhood.

Investment Analysis: Unlocking Potential Earnings

The financial prospects of this house extend beyond your immediate satisfaction. Considering the robust rental market fueled by rising tourist numbers, let’s delve deeper into the potential returns this investment can yield.

Imagine this: during the peak months of July and August, your 6-bedroom apartment can be occupied by families seeking a summer retreat. With a nightly rental rate of approximately 150€, you can anticipate an impressive income:

– **Peak Season (3 months)**: 150€/night x 30 nights x 3 months = **13 500€**
– **Off-Peak Season (9 months)**: 70€/night x 30 nights x 9 months = **18 900€**

When we sum those figures, your **Total Annual Rental Income** could reach **32 400€**.

Factoring in Costs

No investment comes without its expenses. Assuming manageable costs of around 6 000€ annually for maintenance and utilities, your **Net Income** becomes:

**Net Income = 32 400€ – 6 000€ = 26 400€**

Now, to understand your return on investment effectively, consider this vital calculation:

– **Property Price**: 400 000€
– **ROI Calculation**: (Net Income / Property Price) * 100 = (26,400 / 400,000) * 100 = **6.6%**

This figure strongly indicates that investing in this property is not only smart but also strategically positioned for continued growth. With Montenegro’s upward trajectory in tourism, your investment can serve both as a family haven and a viable source of income.

Why This House is the Right Choice

Imagine waking up to the sound of waves crashing against the shore, the sun glistening on the sea, and the gentle breeze guiding you from your garden to the vibrant streets below. This house encapsulates that dream while offering immense financial opportunity.

– **Flexible Living Space**: The four separate apartments can cater to various needs—whether you wish to host family gatherings or rent out units for additional income.
– **Outdoor Serenity**: The lush garden and courtyard provide an inviting space for relaxation and gatherings, enhancing the property’s allure for potential renters.
– **Easy Access to Attractions**: From the stunning waterfront to historical landmarks, the location of this house offers residents and guests a plethora of experiences just moments away.

In summary, this charming property in Herceg Novi is a gateway to both a beautiful lifestyle and a robust financial investment. It’s not just about purchasing a home; it’s about embracing a future filled with possibilities. Don’t miss this opportunity to secure your place in this enchanting coastal haven!