House in Herceg Novi, Đenovići

Explore the Allure of Herceg Novi’s Đenovići: A Smart Investment Awaits

Nestled along the breathtaking Montenegrin coast, this remarkable property in Herceg Novi, Đenovići, isn’t just a house; it’s an opportunity to embrace a life of luxury while enjoying the beauty of the Adriatic. With its prime location just 50 meters from the beach, this stunning home combines comfort, elegance, and the promise of good returns.

Unveiling the Neighborhood

Đenovići is more than a location; it’s a vibrant community filled with charm and allure. The neighborhood is praised for its hospitality and beautiful streets, where the scent of Mediterranean flora fills the air. Here’s what you can expect:

– **Accessibility**: The area is easily reachable, with good transport links to nearby attractive cities such as Kotor and Tivat, making this a desirable spot for both locals and travelers.
– **Cultural Richness**: Immerse yourself in a rich history and culture. Explore traditional markets, sample local cuisine, and engage with friendly residents.
– **Natural Beauty**: The scenic coastline is dotted with stunning beaches, while lush hills offer hiking opportunities that connect adventure lovers with the region’s breathtaking landscape.

Endless Points of Interest

Whether you are seeking relaxation or adventure, Đenovići has something to offer everyone. Here are some nearby attractions that make this area truly special:

– **Portonovi Marina**: An extraordinary destination for boating enthusiasts, this nearby complex is currently gaining recognition and will heighten property values in the surrounding areas.
– **Historical Sites**: Venture into Herceg Novi’s old town, where you can explore ancient fortifications, churches, and charming alleyways that tell the tale of a vibrant past.
– **Water Sports**: The Adriatic Sea serves as a playground for those inclined to dive, sail, or jet ski, with numerous rental options available along the coast.

Understanding the Long-Term Investment Potential

When considering real estate investments, the potential for appreciation should always be a key factor. This property not only features aesthetic appeal but also signifies an alluring financial prospect. Here’s a deeper analysis of its investment potential:

– **Market Trends**: Montenegro’s real estate market has shown consistent growth. The increasing popularity of Montenegro as a tourist destination ensures a ripe environment for real estate appreciation.
– **Rental Opportunities**: Beyond its charm as a personal retreat, this house can easily attract summer tourists and winter visitors alike, making it a versatile investment.
– **Long-Term Value**: The unique characteristics of this property, combined with its prime location, suggest that it will hold its value and potentially appreciate over time, especially as development continues in the area.

Financial Overview: Calculating Your ROI

As a savvy investor, it’s essential to evaluate the potential return on investment (ROI) before committing to a property. Here’s a simplified breakdown based on the investment in this house:

– **Summer Rentals**: Generating an estimated 1 200€/month during the peak season (June to September).
– **Winter Rentals**: Offering a steady income of 600€/month in the off-season (October to May).

The annual income calculation is straightforward:
– Summer: 1 200€ x 4 months = 4 800€
– Winter: 600€ x 8 months = 4 800€
– **Total Annual Income**: 9 600€

With an estimated purchase price of 350 000€, investors can expect an ROI calculated as follows:
(b 9 600€ / 350 000€) x 100 = 2.74%

While the ROI of 2.74% may seem modest, the overall potential for market appreciation, combined with a desirable location and lifestyle, makes this property an attractive option for those looking to invest in Montenegro’s flourishing real estate market.

Conclusion: A Jewel in the Adriatic

In essence, this home in Đenovići stands not only as a beautiful residence but as a wise investment in a region rich in history, culture, and natural beauty. With the breathtaking view of the Adriatic right at your doorstep and diverse highlights surrounding you, this property is set to enhance both your lifestyle and investment portfolio. Don’t let this opportunity slip away; embrace the coastal lifestyle and secure your piece of paradise!