Modern Apartment in Kava

Discover the Allure of Kava: A Dream Investment in Tivat

Explore the enchanting region of Kava, Tivat, where this modern two-bedroom apartment awaits you. Nestled just a stone’s throw away—700 meters—from the stunning Adriatic coastline, this property represents an excellent opportunity for investors interested in the booming Montenegrin real estate market. With its modern finishes and tranquil surroundings, the apartment not only serves as an ideal residence but also a lucrative investment.

Location, Location, Location

Kava is becoming a sought-after destination for both tourists and locals, thanks to its idyllic setting and rapid development. The area is witnessing an increase in amenities such as cafes, restaurants, and shops, all of which contribute to a vibrant community atmosphere. Picture yourself enjoying a leisurely breakfast at a seaside café, taking in the fresh sea breeze, or exploring nearby attractions like:

– Tivat Marina: A haven for yachting enthusiasts and home to a variety of upscale dining options.
– Porto Montenegro: A luxury yacht marina featuring exclusive shops, restaurants, and a lively nightlife scene.
– Historical Sites: Explore the rich history of Tivat with visits to the beautiful island of Our Lady of Mercy and the ancient city of Kotor, just a short drive away.

These nearby attractions not only enhance the living experience but also add to the overall appeal for potential renters, making your investment even more enticing.

Attractive Living Experience

The 60 m² apartment features a stylishly designed living space that effortlessly blends comfort and contemporary style. The open-plan layout includes:

– A spacious living area perfect for gatherings with family and friends.
– A modern kitchen equipped for all your culinary adventures.
– Cozy bedrooms that promise restful nights with serene views.
– A chic bathroom ensuring a modern lifestyle.

These amenities make the property not only appealing to owners but also highly attractive to renters, thus maximizing your potential return on investment.

Strong Rental Market and Growth Potential

Investing in this property means tapping into Tivat’s thriving tourism sector. With a consistent influx of tourists, especially during the summer peak season, the demand for short-term rentals continues to rise.

Calculating Your Investment’s Worth

To better understand the financial benefits this apartment offers, let’s break down the potential earnings:

– **Summer Earnings**: If rented for an average of 100€ per night and achieving a 60% occupancy rate across 90 peak days:
– 90 days x 100€ x 0.6 = 5 400€

– **Winter Earnings**: During the quieter months, with rentals at 40€ per night achieving a 30% occupancy over 275 days:
– 275 days x 40€ x 0.3 = 3 300€

Combining these estimates, the apartment can generate an impressive total annual income of 8 700€.

Evaluating Your ROI

If the purchase price is set at 120 000€, your Return on Investment (ROI) can be calculated as follows:

ROI = (8 700€ / 120 000€) x 100 = 7.25%

This promising ROI reveals a compelling financial picture, ensuring your investment not only retains its value but also offers a sustained income stream.

Conclusion: Seize the Opportunity