House for Sale in Tivat

Explore the Charm of Tivat: A Smart Investment Awaits

Nestled in the stunning coastal region of Montenegro, Tivat is a gem that continues to shine brighter as a sought-after destination for both living and investment. This unique house for sale not only offers you a chance to be part of this vibrant community but also presents a lucrative opportunity to capitalize on the area’s booming real estate market.

Prime Location and Development Prospects

Imagine waking up just 70 meters from the serene Adriatic Sea. This house provides you with a prime location, surrounded by the natural beauty of Tivat. As one of the fastest-growing towns in Montenegro, Tivat has seen a wealth of development in recent years. World-class marinas, like Porto Montenegro, enhance the allure of the area, attracting affluent residents and international travelers alike. The coastal promenade, dotted with chic cafes and boutiques, creates a lively atmosphere that appeals to locals and tourists year-round.

Additionally, Tivat’s strategic position makes it an ideal gateway to explore other beautiful Montenegrin coastal towns, such as Kotor and Budva. The ongoing infrastructure improvements and the expansion of Tivat Airport further solidify the area’s growth, ensuring that Tivat remains at the forefront of real estate investments in Montenegro.

Flexible Living Spaces for Diverse Opportunities

This semi-finished house, spanning 80 m² at its base, allows you to tailor the space to meet your unique needs. The ground floor offers two one-bedroom apartments, versatile enough for rental income or hosting guests. Here’s how you can maximize the investment:

– **Rental Income**: After finishing the apartments, consider marketing them to tourists seeking a cozy retreat or even long-term rentals to residents.
– **Personal Use**: The spacious 80 m² upper floor can transform into your dream residence, giving you the luxury of coastal living daily.
– **Future Expansion**: The possibility to renovate or rebuild provides an avenue to increase the property’s value substantially over time.

A Lucrative Rental Market

The rental market in Tivat has seen robust growth, primarily fueled by seasonal tourism. This house stands as a prime candidate for generating significant income through rentals. With summers bustling with activity, here’s a simplified breakdown of the potential revenue:

– **Summer Rentals**: If you charge approximately 150€ per night for a rental duration of 60 days, you could earn 9 000€.
– **Winter Rentals**: A steady occupancy during winter months could yield 800€ per month, adding an additional 9 600€ annually.

When combined, the total potential income reaches an impressive 18 600€ per year!

Calculated Return on Investment (ROI)

With an asking price of 330 000€, the potential ROI becomes quite attractive. The calculation can be illustrated like this:

– Annual Income: 18 600€
– Purchase Price: 330 000€
– ROI = (18 600€ / 330 000€) * 100 = 6.2% annually

This analysis indicates that not only does this property offer a beautiful place to call home, but it also serves as a smart investment choice.

Conclusion: A Dream Opportunity Awaits

Investing in this unique house in Tivat is more than just a real estate transaction; it is an invitation to indulge in a coastal lifestyle with the potential for remarkable returns. The combination of a prime location, flexible living spaces, and a bustling rental market makes this an irreplaceable chance for investors. Don’t miss your opportunity to secure your piece of Tivat and set the stage for a prosperous future. Reach out today and take the first step towards owning a slice of paradise!