House in Herceg Novi

Your Dream Investment Awaits in Herceg Novi

Imagine waking up to breathtaking sea views, basking in the warmth of the Adriatic sun, and being just a stone’s throw away from sandy beaches. This enchanting house in Herceg Novi, located in the tranquil neighborhood of Srbina, perfectly embodies this dream. With its modern amenities and spacious layout, this property presents an exceptional opportunity for savvy investors looking to make their mark in one of the Mediterranean’s most desirable locales.

Exploring the Neighborhood

Herceg Novi is more than just a scenic town; it is a vibrant hub brimming with cultural landmarks, delicious cuisine, and a welcoming community. The Old Town, just a short distance away, boasts cobbled streets lined with charming cafes, boutiques, and historic sites. When you invest in this property, you are not just buying a house; you are embracing a lifestyle enriched by the natural beauty and cultural authenticity of Montenegro.

Here are some of the highlights of the surrounding area:

– **Proximity to Beaches:** Just 600 meters away, you’ll find stunning beaches perfect for sunbathing, watersports, and enjoying leisurely strolls along the coastline.
– **Local Amenities:** The neighborhood is fully equipped with shops, supermarkets, and pharmacies within easy reach, providing convenience for day-to-day living or vacationing.
– **Vibrant Nightlife:** Experience the lively atmosphere of Herceg Novi’s nightlife with bars and restaurants offering fresh seafood and local wines just minutes from your doorstep.
– **Cultural Events:** Participate in numerous local festivals and events that celebrate the rich heritage and traditions of the area throughout the year.

Property Features: A Perfect Blend of Comfort and Versatility

This house spans 190 m² of well-designed living space on a 400 m² plot, offering a myriad of possibilities:

– **Ground Floor:** A self-contained one-bedroom apartment, perfect for guests or rental income, comes complete with its own garage—ideal for your vehicle or additional storage.
– **First Floor:** Enjoy a spacious kitchen designed for gatherings, a cozy living room that promises comfort, three inviting bedrooms, and two well-appointed bathrooms. The outdoor area beckons for al fresco dining or simply soaking in the sun.
– **Attic Potential:** An open attic presents a canvas for your imagination—transform it into a cozy den, an additional guest room, or a creative workspace.

Unlocking Investment Potential

The property is not merely a residence; it is a gateway to financial gain. The burgeoning real estate market in Montenegro, accentuated by tourists eager for unique experiences, sets the stage for substantial profitability. With a robust demand for short-term rentals, this house can seamlessly transition into a profitable venture.

The calculations speak volumes:

Rental Calculation:
– **Summer Income:** 150€/night for 20 nights over 4 months = 12 000€
– **Winter Income:** 80€/night for 20 nights over 8 months = 12 800€
– **Total Annual Income:** 24 800€
– **Estimated Purchase Price:** 300 000€
– **ROI:** (24 800€ / 300 000€) * 100 = 8.27%

These figures illustrate a compelling opportunity for an estimated ROI of 8.27%. Whether you choose to enjoy the home yourself or utilize it as a rental, you can expect ample returns on your investment.

A Golden Opportunity Not to Be Missed

Investing in this stunning house in Herceg Novi is an invitation to not just own property, but to secure a bright future in an increasingly prosperous market. Montenegro is establishing itself as a favorite destination for travelers and investors alike, making this property a valuable asset for the discerning buyer.

Don’t miss your chance to seize this extraordinary opportunity. Take the first step towards realizing your investment dreams in the sun-kissed paradise of Herceg Novi!