Modern House with 5 Apartments in Tivat

Explore the Potential of a Prime Investment in Tivat

Investing in real estate is akin to planting a seed; with the right nurturing and environment, it can grow into a flourishing entity. This modern house with five independent apartments, ideally located between Budva and Tivat, presents an outstanding opportunity for astute investors looking to enhance their portfolios. With the backdrop of Montenegro’s stunning coastline and a burgeoning rental market, this property is a prime candidate for generating substantial returns.

Strategic Location

Nestled in a sought-after area, this modern house benefits from its proximity to two of Montenegro’s most vibrant coastal towns – Budva and Tivat. Both towns are renowned for their scenic beauty, lively atmosphere, and rich cultural heritage, drawing tourists from around the globe. Investing in a location that attracts visitors ensures a steady demand for rental properties, enabling you to capitalize on this lucrative market.

– **Budva:** Known for its picturesque old town, beautiful beaches, and vibrant nightlife, Budva is a top destination for tourists seeking both relaxation and entertainment.
– **Tivat:** Home to the luxurious Porto Montenegro, Tivat is rapidly emerging as a hotspot for upscale living and yachting. With its marina and stunning views, it attracts high-net-worth individuals, further enhancing the rental appeal of properties in the area.

Property Features and Flexibility

Spanning a generous total area of 340 m², this property is designed with flexibility in mind. The five apartments, each with distinct layouts, cater to a variety of tenant preferences, from small families to solo travelers. The potential to combine units into larger living spaces provides an additional layer of versatility that can adapt to changing market demands.

– **First Floor:** Features a spacious 80 m² two-bedroom unit, perfect for families, alongside a cozy 50 m² one-bedroom unit, ideal for couples or solo travelers.
– **Second Floor:** Comprises three units including a 50 m² one-bedroom, a 40 m² one-bedroom, and a charming 30 m² studio, appealing to different demographics in the rental market.

Such diverse accommodation options ensure that your investment can cater to various clientele, maximizing rental potential.

The Rental Market Advantage

The current occupancy rate of four out of five apartments generating an annual income of 15 000€ demonstrates the robust demand for rental properties in this prime location. This consistent revenue stream not only contributes to the property’s financial viability but also showcases its attractiveness to potential tenants.

With the additional floor permit already secured, there is ample opportunity for growth through further development, which could significantly increase rental capacity and corresponding income.

Analyzing Your Investment: A Look at ROI

When examining the potential returns of this investment, it is crucial to understand the mechanics of ROI—in essence, how the numbers stack up. The current investment stands at 517 000€, with an annual rental income of 15 000€ from the existing apartments.

To calculate ROI, the formula is as follows:

Annual Income: 15 000€
Investment: 517 000€
ROI = (Annual Income / Investment) x 100 = (15,000 / 517 000€) x 100 ≈ 3.19%

This 3.19% ROI indicates a solid foundation for ongoing income-generation and built-in potential for future appreciation as the neighborhood continues to develop.

A Bright Future Awaits

As the real estate market in Montenegro flourishes, this property not only provides immediate financial returns but also offers long-term investment potential. With the stunning backdrop of the Adriatic Sea and the vibrant culture of the surrounding areas, your investment remains a coveted asset for years to come.

Owning this modern house in Tivat is akin to possessing a ticket to an exciting journey in the real estate world—one filled with promise, growth, and enriching returns. Your opportunity to invest in this stunning property awaits, and with it, the chance to be part of Montenegro’s thriving future. Don’t let this moment pass you by!