House for Sale in Herceg Novi

Unlock the Potential of a Coastal Gem in Herceg Novi

Nestled in the quiet village of Mokrine, just a stone’s throw from the lively shores of Herceg Novi, this charming stone property offers exceptional opportunities for both homeowners and investors alike. Imagine transforming this 2-bedroom estate into a personalized sanctuary or a lucrative vacation retreat, all while enjoying stunning vistas of the Adriatic Sea.

Emerging Neighborhood with Great Potential

The area surrounding this property is experiencing a renaissance, characterized by new developments and enhanced infrastructure that make it increasingly attractive. Upcoming projects, such as improved road access and expanded local amenities, are paving the way for a thriving community. As more investors recognize the potential of Herceg Novi, property values are on an upward trajectory, promising a fruitful return for those who act now.

Natural Beauty and Local Attractions

Living in Mokrine means immersing yourself in the beauty of Montenegro’s coastline. Picture yourself sipping coffee on your terrace, basking in the soft Mediterranean breeze as you gaze out at the azure waters. Adventure awaits just outside your door, with hiking trails, pristine beaches, and charming cafes lining the picturesque coastline.

Here are just a few nearby points of interest:
– **Old Town Herceg Novi**: A cultural gem filled with historical architecture, vibrant markets, and delightful eateries.
– **Local Beaches**: Spend lazy afternoons soaking up the sun or swimming in crystal-clear waters.
– **Nature Reserves**: Explore the rich biodiversity of the region through numerous hiking and biking trails.

Seize the Opportunity for Rental Income

For the savvy investor, this property not only provides the chance to create a personal retreat but also opens doors to substantial rental income. The robust tourism sector in Herceg Novi offers excellent prospects for seasonal rentals. With summer bookings potentially generating around 1 200€ per month and winter rentals averaging 600€, your investment can yield impressive financial returns.

Comprehensive ROI Insights

Delving deeper into the numbers, let’s explore the investment’s financial landscape. By onboarding this property, you can expect an annual rental income of 19 200€ when combining summer and winter rentals.

Consider the breakdown:
– **Summer Income**: 12 000€ annually
– **Winter Income**: 7 200€ annually

Your initial investment totals 105 300€ when factoring in both the house footprint and any potential prefabricated expansions needed. This sets the stage for a solid annual return on investment:

Annual ROI = (Annual Income / Total Investment) x 100
Annual ROI = (19 200€ / 105 300€) x 100 ≈ 18.2%

Conclusion: A Unique Investment in Paradise

This alluring property in Herceg Novi isn’t just a house; it’s an opportunity for growth, adventure, and financial success. With an estimated ROI of 18.2%, it’s a prime time to seize this chance and turn your dreams into reality. Don’t let this gem slip through your fingers—invest wisely and embrace the beauty of Montenegro!