Luxury Apartment in Savina

A Gem by the Adriatic: Your Luxury Apartment Awaits

Experience the unparalleled charm and beauty of Montenegro with this exquisite 2-bedroom apartment in Savina, Herceg Novi. Nestled just a stone’s throw from the azure waves of the Adriatic Sea, this property not only offers stunning views but also places you in the heart of a vibrant and developing region. As an investor, you’ll be drawn to the numerous advantages that accompany this luxurious living space.

Surrounding Development: A Growing Community

The Savina area is rapidly evolving, making it a hot spot for real estate investment. Recent infrastructure improvements and urban development projects have attracted a wave of local and foreign investors, leading to enhanced facilities and amenities. Nearby, you’ll find:

• Restaurants and Cafés: A variety of dining options await you, ranging from traditional Montenegrin cuisine to modern international fare, catering to both locals and tourists.


• Shopping Venues: Local boutiques and shops offer unique products, ensuring that you have everything you need within reach.


• Leisure Activities: Numerous beaches, parks, and recreational facilities provide opportunities for relaxation and enjoyment right at your doorstep.

Attractions and Points of Interest

Herceg Novi is famed for its rich history and cultural heritage. The proximity of your apartment to various historical sites, such as the iconic Forte Mare and Savina Monastery, adds to the allure. Consider exploring:

• Local Festivals: Experience the vibrant cultural scene with various summer festivals that celebrate music, art, and gastronomy.


• Natural Wonders: The region is surrounded by breathtaking natural beauty, including lush mountains and stunning coastal landscapes, perfect for hiking and exploration.


• Nearby Cities: A short drive will take you to neighboring towns such as Kotor and Tivat, both offering unique experiences and further investment opportunities.

Analysis of Investment Potential

Your investment in this luxury apartment not only offers a beautiful living space but also translates into a sound financial opportunity. The buoyant rental market in Herceg Novi means your property has tremendous potential for generating income.

Maximizing Your ROI

The calculated potential return on investment (ROI) reveals the possibilities available to you. Imagine spending a summer evening on your terrace, enjoying the gentle sea breeze while guests arrive to appreciate your pristine property. The calculations suggest:

• Seasonal Rental Strategy: Renting during peak summer months can yield 150€ per night. With a 75% occupancy over 90 days, your summer income can reach an impressive 13 500€.


• Winter Rentals: Even off-peak seasons can be lucrative, with potential rentals at 70€ per night. This could add another 4 200€ to your annual income with a 30% occupancy over 60 days.

This brings total estimated annual income to 17 700€. With the property valued at 300 000€, your ROI stands at a commendable 5.9%, making this a prudent choice in a rapidly growing market.

Conclusion

Seize this extraordinary opportunity to own a luxury apartment in Savina, Herceg Novi—where stunning coastal views meet modern living. With its rich culture, thriving community, and promising investment potential, this residence represents an ideal venture for discerning investors. Enjoy the beauty of coastal life and the satisfaction of a sound investment. Your dream property awaits!