House for Sale in Sutorina

Investment Opportunities in the Heart of Sutorina

Sutorina, located in the picturesque Herceg Novi, is an emerging gem along the Adriatic coast. This area not only boasts stunning natural beauty but also presents significant investment potential for discerning buyers. This exceptional 12-bedroom house, featuring six independent residential units, is a remarkable opportunity that offers a slice of paradise while ensuring profitability.

A Glimpse of the Surroundings

The allure of Sutorina extends beyond its charming properties. As you explore this coastal enclave, you’ll encounter a harmonious blend of serene landscapes and vibrant community life. The property is nestled in a tranquil setting, just 3 kilometers from the azure waters of the Adriatic Sea. Enjoy leisurely strolls along the pristine coast, where quaint cafes dot the shoreline, tantalizing your taste buds with fresh seafood and local delicacies.

A short drive will take you to Herceg Novi, where rich historical sites, vibrant markets, and cultural festivals create a lively atmosphere. The stunning architecture of the old town, combined with modern amenities, offers a unique experience for locals and tourists alike. Imagine owning a property that not only provides a comfortable living space but also places you at the heart of this thriving community.

Unmatched Views and Amenities

What sets this property apart is its magnificent panoramic views of the bay and the majestic Lovćen Mountain. Picture yourself sipping coffee on the balcony, basking in the sunlight while gazing over the shimmering Adriatic waters. Each residential unit, with its spacious design of 61 m², includes two bedrooms, a bathroom, and an airy living area with a kitchen, all designed to maximize comfort and relaxation.

The functional layout caters to modern living, while the sun-drenched plot promises a future filled with leisure. The potential of adding a luxurious 10×6 m swimming pool adds to the charm, offering an enticing retreat for residents and guests alike. With four garages and four additional parking spaces, convenience is paramount.

Competitive Edge in Rental Market

Investing in Sutorina allows you to capitalize on a growing rental market. As tourism flourishes in the region, the demand for quality accommodations is rising. With peak summer rental rates reaching approximately 100€ per unit per night for 60 nights and a more modest winter rate of 50€ for 120 nights, the potential for revenue is substantial.

Consider the possibilities:

– **Peak season**: 6 units x 100€ x 60 nights = 36 000€
– **Off-peak season**: 6 units x 50€ x 120 nights = 36 000€

Annual revenue stands at an impressive 72 000€, showcasing a lucrative opportunity.

Simple ROI Calculation

To provide a clear picture, here’s a straightforward calculation of your return on investment:

Annual Revenue: (100€ x 60) + (50€ x 120) = 6 000€ + 6 000€ = 12 000€
Total Investment: Estimated purchase price of 300 000€
ROI: (12 000€ / 300 000€) x 100 = 4%

Future Growth and Development

As the area evolves, so too does the promise of increased rental income. The local government has plans to enhance infrastructure and promote tourism, ensuring that Sutorina remains a prime destination. The scenic backdrop, coupled with improved accessibility, positions this property for increased value appreciation over time.

Imagine a future where you are not only earning a steady income from rentals but also watching your investment grow in value as more visitors flock to this enchanting location.

Conclusion

In conclusion, this remarkable property in Sutorina is more than just a house; it is a gateway to a profitable investment opportunity set against the backdrop of one of the most beautiful coastlines in the world. With its unparalleled views, modern amenities, and a thriving rental market, this is a chance to take advantage of a burgeoning location primed for growth. Don’t miss out on this unique opportunity – the ideal blend of serenity and investment awaits you in Sutorina!