House for Sale in Herceg Novi

Exceptional Investment: House for Sale in Herceg Novi

If you’re searching for a property that combines serene living with an attractive investment opportunity, look no further than this charming house in Španjola, Herceg Novi. Nestled just 800 meters away from the sparkling Adriatic Sea, this 320 m² residence offers an idyllic retreat for both personal enjoyment and rental potential.

Unmatched Location

Situated in one of Montenegro’s most desirable regions, Herceg Novi is renowned for its captivating beauty and vibrant culture. Imagine waking up to the sound of gentle waves and the sight of stunning sea views right from your terrace. The surrounding area is rich with local attractions, including:

– **Historical Sites:** Visit the impressive forts and old town, which reflect a rich cultural heritage dating back centuries. The Castle of Forte Mare and the clock tower are must-see landmarks.

– **Natural Attractions:** Enjoy hikes through picturesque landscapes, with trails that promise stunning views of the coastline and lush greenery. The nearby beaches, such as Igalo and Herceg Novi Beach, are perfect for sunbathing and water sports.

– **Culinary Delights:** Explore a range of delightful restaurants and cafés offering local Montenegrin cuisine. Fresh seafood and traditional dishes made with locally sourced ingredients await you.

Additionally, with the ongoing development in the Herceg Novi area, you’ll find community amenities like supermarkets, healthcare, and recreational facilities flourishing, making it an even more appealing place to live and invest.

Property Features: A Home Designed for Comfort

This house is thoughtfully designed across three spacious levels, making it versatile and appealing. The layout includes:

– **Ground Floor:** A cozy studio apartment that can host guests or serve as a rental unit, a welcoming living room, a fully-equipped kitchen, a comfortable bedroom, and two bathrooms. Step outside onto the lovely terrace to bask in morning sunlight with a cup of coffee.

– **First Floor:** An expansive open-concept living area, perfect for entertaining family and friends. This floor also hosts two additional bedrooms, two bathrooms, and a terrace with endless possibilities for relaxation and gatherings.

– **Second Floor:** This level remains a blank canvas, allowing you the freedom to design your dream space according to your vision, from an art studio to additional guest rooms or entertainment areas.

Exciting Investment Potential

Investing in this property is not merely about acquiring a beautiful home; it’s about securing a lucrative investment. The demand for vacation rentals in Herceg Novi continues to rise, given its popularity among tourists who flock to the Adriatic coastline seeking sun-soaked holidays.

Imagine the potential of turning this property into a high-yield rental through platforms like Airbnb or Booking.com. With calculated rental income projections, you could see a significant return on investment (ROI):

– **Summer Season:** Assuming an average rental price of 150€ per night, with a 70% occupancy rate over 60 nights, the potential income would be 9 000€.
– **Winter Season:** With lower demand, if you rented for 50€ per night with a 30% occupancy over 90 nights, this adds another 4 500€ to your annual revenue.

When you combine these figures, your total annual revenue could reach 13 500€, leading to an estimated ROI of around 10-12% per year. This investment not only provides a gorgeous space for personal enjoyment but also ensures a steady income stream throughout the year.

Conclusion

This house for sale in Herceg Novi represents an outstanding opportunity for buyers seeking a blend of lifestyle and investment potential. Whether as a cherished family home or a strategic addition to your real estate portfolio, this property encapsulates the charm, beauty, and promise of serene living in one of the Adriatic’s most sought-after locations. Don’t let this chance slip away; embark on your journey to own a slice of paradise today!