Luxury Apartment with Sea View in Savina

Discover the Jewel of Savina: A Real Estate Investment with Promise

Investing in real estate is not just about acquisition; it is about seizing opportunities and crafting a future for prosperity. This luxurious one-bedroom apartment in Savina, Herceg Novi, represents a unique chance to immerse yourself in a vibrant community while reaping potential financial rewards.

Surround Yourself with Nature and Culture

Herceg Novi is often referred to as the “City of Sunshine,” known for its year-round temperate climate and stunning coastal scenery. With a rich cultural heritage, this area boasts historical landmarks, fresh seafood markets, and charming cafés lining the picturesque promenades. Imagine sipping coffee while absorbing the warm sun and listening to the waves caress the shore.

– **Nearby Parks and Beaches:** The beautiful sandy and pebble beaches are just a stone’s throw away, offering a perfect escape during the hot summer months. The nearby parks provide serene walking trails adorned with lush Mediterranean flora.
– **Cultural Landmarks:** Key attractions such as the Savina Monastery and the historic Forte Mare Fortress are easily accessible. These sites give insight into Montenegro’s rich history and offer vibrant cultural experiences.

Comfort and Convenience at Your Fingertips

This exquisite apartment is not merely a structure; it is a sanctuary of comfort and relaxation. The generously sized interior of 70 m² is designed to maximize both space and aesthetic appeal, ensuring that every corner feels inviting. The expansive terrace, also 70 m², invites you to host gatherings under the stars, bask in the sun, or simply relax while enjoying the stunning sea vistas.

– **Fully Furnished:** Transitioning into your new home is effortless with fully furnished interiors designed for modern living.
– **Parking and Storage:** The addition of a 50 m² parking space and 15 m² storage ensures that practicality is not sacrificed for elegance.

An Attractive Proposition in Real Estate

The enviable location of this apartment not only enhances your lifestyle but also serves as a cornerstone for a successful investment portfolio. As Montenegrin tourism continues to thrive, properties in sought-after areas like Savina remain in high demand. With investment opportunities flourishing, now is the perfect time to consider this prime offering.

– **Growing Tourism:** Herceg Novi draws millions of visitors each year, eager to experience the stunning Adriatic coast and the region’s rich history. This influx adds to the vibrancy and potential income from rental opportunities.
– **Real Estate Market Trends:** As the appeal of Montenegro rises on the global stage, property values in areas such as Savina are poised for steady appreciation.

ROI Analysis: Your Path to Financial Growth

Exploring the financial benefits further, the potential returns from this luxury apartment are impressive. By leveraging the dual rental potential during the summer and winter months, investors can realize substantial income.

– **Projected Summer Earnings:** Renting at an average rate of 120€ per night for 90 nights yields approximately 10 800€.
– **Projected Winter Earnings:** With a winter rental period of 120 days at 70€ per night, the potential earnings add another 8 400€.
– **Total Annual Earnings:** This brings the annual rental income to a commendable 19 200€.

Calculating Your Returns

Understanding the ROI is crucial:

Total annual rent: 19 200€
Purchase price: 352 000€

ROI = (Annual Rent / Purchase Price) x 100 = (19,200 / 352 000€) x 100 = 6%

Final Thoughts

This apartment stands as a beacon of opportunity in a vibrant coastal community. The luxurious amenities paired with exceptional rental potential present a rare combination of comfort and profit. As such, securing this property offers not just a luxury abode but a strategic avenue for growth in Montenegro’s flourishing real estate market. Don’t let this opportunity pass; invest in your future today and embrace the serene and prosperous life that awaits in Savina.