House in Herceg Novi

Discover the Potential of Your Dream Investment in Herceg Novi

In the heart of Montenegro, when you think of idyllic coastal living, Herceg Novi shines bright. Nestled in the charming neighborhood of Savina, this stunning family house is not only a magnificent residence but also a golden investment opportunity. Surrounded by natural beauty and vibrant culture, this property offers far more than meets the eye.

Exceptional Location Near Key Attractions

The prime location of this house puts it at the intersection of convenience and allure. A short stroll will take you through the historic streets of the Old Town, filled with cafes, shops, and rich cultural heritage. With the azure Adriatic Sea as your backdrop, local beaches are easily accessible, providing an idyllic setting for sun-soaked afternoons and leisurely swims. Not far from the home, there are:

– Popular coastal promenades perfect for evening strolls
– Authentic local markets offering fresh produce and handmade goods
– Historical landmarks such as the Forte Mare and the clock tower that narrate the town’s storied past
– Scenic hiking trails leading to breathtaking viewpoints

This vibrant environment enhances the living experience and increases the property’s appeal for tourists and locals alike.

A Versatile Space for Every Need

The house’s layout is thoughtfully designed for both family living and rental versatility. With a total living area of 240 m² across four levels, it artfully combines comfort and functionality. The four separate apartments each have individuality, catering to families, friends, or short-term vacationers.

Imagine waking up to the gentle sound of waves and sipping your morning coffee on your private terrace, surrounded by lush gardens featuring olive trees, kiwi, figs, and various ornamental plants. This space not only serves as a beautiful retreat but also offers myriad possibilities for outdoor entertainment, gardening, or even a serene yoga space.

Investment Viability: A Financial Bright Spot

Investing in real estate in Herceg Novi means tapping into a remarkable rental market that flourishes during both summer and winter seasons. The tourism boom in the summer results in spirited demand, with the potential for generating significant income in a short time.

As you weigh this opportunity, consider the following examples of rental income possibilities:

– Summer rentals for 16 weeks at approximately 1 000€ per week
– Winter rentals for long-term stays at about 600€ per month</b, cumulatively amounting to an impressive annual revenue stream

Calculating your potential revenue reveals a lucrative opportunity:

Annual income potential (summer + winter):
(1 000€ x 16 weeks) + (600€ x 8 months) = 16 000€ + 4 800€ = 20 800€.
Initial investment (estimate): 300 000€.
ROI = (20,800 / 300,000) x 100 = 6.93%.

A Bright Future Awaits

This house in Herceg Novi is more than a mere property; it is an opportunity to invest in a lifestyle, a location, and a future filled with potential. With a stable ROI of approximately 6.93%, this is an attractive venture suited for both seasoned investors and those new to the real estate market.

Embrace the chance to become part of this vibrant community while enjoying the financial benefits that come with it. Here lies a unique opportunity to own a stunning residence that promises beauty and profitability in one of Montenegro’s most enchanting locales. Dive in and explore the possibilities awaiting you in Herceg Novi!