House for Sale in Savina, Herceg Novi

Unmissable Investment in Herceg Novi: Your Mediterranean Dream Awaits

Nestled between the majestic mountains and the sparkling Adriatic Sea, this charming house for sale in Savina, Herceg Novi, represents an unparalleled opportunity for discerning investors. Just steps away from the shoreline, this property combines breathtaking views with a prime location that embodies the essence of coastal living. This 200 m² house, set on a 226 m² plot, provides an idyllic setting for both leisure and investment.

Local Developments Enhancing Investment Potential

Herceg Novi is a thriving town with ongoing developments that are boosting its appeal among tourists and investors alike. The local government has prioritized the enhancement of infrastructure, ensuring that transportation, amenities, and services are continuously improving. New restaurants, boutique shops, and entertainment venues are redefining the local landscape, making it more attractive for visitors and residents year-round. The revitalization of the waterfront promenade invites leisurely strolls, allowing residents and tourists to enjoy the panoramic sea views while indulging in local delicacies at charming cafes.

Timeless Charm Coupled with Modern Comfort

The house itself embodies a perfect blend of classic architecture and modern living. With a thoughtfully designed layout featuring a duplex and a one-bedroom apartment, it offers versatility for family living or rental opportunities. Imagine sipping your morning coffee on a sun-drenched terrace, surrounded by the aroma of the Mediterranean flora, while the soothing sounds of waves play in the background. The meticulous renovations ensure that you can enjoy contemporary conveniences without sacrificing the property’s historic charm.

Vibrant Community and Lifestyle

Living in Savina means becoming part of a vibrant community that celebrates the beauty of coastal living. Fresh produce markets, cultural events, and local festivals provide a sense of belonging while enriching your daily life. The nearby beaches beckon for sun-soaked days, while the surrounding mountains offer hiking adventures, marking Savina as a true gem for nature enthusiasts.

Exceptional Rental Income Potential

As an investor, not only does this property serve as a splendid home, but it also opens doors to impressive income-generating options. With the continuous influx of tourists, the demand for rental properties in Herceg Novi remains high. The investment potential is further highlighted by an analysis of seasonal rental income.

– **Summer Income:** With an average of 120€/night for 60 days, you can earn approximately 7 200€.
– **Winter Income:** For the remaining 120 days, the typical rate of 65€/night contributes an additional 7 800€.
– **Total Annual Income:** This brings your total potential annual income to an impressive 15 000€.

ROI Analysis: A Smart Financial Move

Considering the estimated property value of 250 000€, let’s break down the Return on Investment (ROI):

– **Total Income:** 15 000€
– **Property Value:** 250 000€
– **ROI Calculation:** (Total Income / Property Value) x 100 = 6%

With a projected ROI of 6%, this property stands as not only a beautiful residence but a sound investment poised for growth in one of Montenegro’s most desirable locations.

Conclusion: A Gate to Prosperity in Montenegro

Seize the opportunity to invest in this stunning house for sale in Savina, Herceg Novi. With its unique charm, exceptional rental income potential, and the continuous development of the region, this property truly represents a golden ticket in the world of real estate investment. Don’t wait—your Mediterranean dream awaits, ready to enhance your portfolio and lifestyle.