Luxury Apartment in Njivice

Explore the Allure of Njivice: An Investor’s Dream

Njivice, a hidden gem nestled in Herceg Novi, offers a picturesque escape that combines the splendor of nature with the conveniences of modern living. This luxury apartment not only promises a lavish lifestyle but serves as an exceptional investment in a flourishing market. Let’s delve deeper into what makes this property so compelling for investors and future residents alike.

Prime Location and Accessibility

Situated along the breathtaking Adriatic coastline, Njivice boasts a strategic position that is easily accessible. The close proximity to major roads and the local transportation system means residents can conveniently explore the stunning surroundings. Just a short drive away lies the historical town of Herceg Novi, infused with rich culture and tradition. With landmarks such as the iconic Forte Mare and the delightful local markets, you’ll find an expansive lifestyle just minutes from your doorstep.

Vibrant Community and Lifestyle

Njivice isn’t just a place to live; it’s a vibrant community that welcomes both tourists and expatriates. The area is known for its charming cafés, restaurants, and beach bars that offer delicious local cuisine and refreshing drinks. Whether it’s sipping coffee while watching the sunrise or indulging in fresh seafood by the shore, the lifestyle here appeals to those seeking both relaxation and social engagement.

Thriving Real Estate Market

Herceg Novi’s real estate market is experiencing a surge, with increasing interest from both local and foreign investors. This is particularly true in Njivice, where luxury properties are rapidly gaining value. The combination of competitive pricing, such as 2 700€-2 900€ per m² for our stunning apartment, and rising demand paints a picture of a flourishing market ripe for investment.

– **Why Njivice?**
– **Attractive Coastal Views**: Apartments with stunning sea vistas are always in demand.
– **Growing Tourist Destination**: More visitors mean more rental potential, ideal for investor returns.
– **Quality of Life**: A peaceful environment combined with modern amenities attracts families and expatriates.

Robust Investment Returns

A key aspect for any prudent investor is the potential for returns. With the projected summer rental income of approximately 120€ per night and an expected occupancy rate of 60%, this property stands out as a promising asset. Imagine the delight of earning income while enjoying an exquisite retreat whenever you wish!

ROI Analysis: Numbers That Speak

Let’s break down the investment potential into easily digestible numbers. The initial investment for this 27 m² apartment, priced at 2 800€/m², equates to 85 000€. Based on our earlier calculations:

– **Annual income**: 8 784€
– **ROI Calculation**:
ROI = (Annual Income / Initial Investment) x 100 = 11.6%

This solid return underscores the property’s capability to not only serve as a splendid personal retreat but also as a lucrative investment option.

Conclusion: An Excellent Choice

Investing in luxury real estate in Njivice is more than just acquiring a beautiful apartment; it’s a gateway to a satisfying lifestyle coupled with the promise of substantial returns. With an estimated 11.6% return, this property offers an enticing blend of elegance, comfort, and investment potential. Take the first step towards securing your future by owning this exceptional piece of paradise in Herceg Novi!