One-Bedroom Apartment for Sale in Sveta Vrača

Investing in a One-Bedroom Apartment in Kotor: A Hidden Gem

Looking for a promising investment opportunity in one of Montenegro’s most enchanting locations? Look no further than this charming one-bedroom apartment in Sveta Vrača, Kotor. Priced at 167 000€, this property not only offers modern comforts but also stands at the threshold of a thriving real estate market.

Prime Location: An Oasis of Serenity

Tucked away in the peaceful neighborhood of Sveta Vrača, this apartment is your gateway to the stunning beauty of Kotor. The serene environment is perfect for unwinding after a bustling day, yet Kotor’s vibrant energy is just a stone’s throw away. Imagine waking up in a tranquil space where the sound of chirping birds fills the air, and ending your day with the picturesque views of Kotor’s breathtaking mountains and the Adriatic Sea.

Developments in the Area

The neighborhood is experiencing significant growth, with new amenities and infrastructure blossoming every year. Here are a few exciting developments that enhance the appeal of Sveta Vrača:

– **New Restaurants and Cafés**: A variety of dining options are sprouting up, offering everything from local delicacies to international cuisine. This adds convenience for residents and attracts tourists seeking authentic experiences.
– **Improved Infrastructure**: Road enhancements and public transport options are underway, ensuring easy access to Kotor’s main attractions, including the UNESCO World Heritage site of the Kotor Old Town.
– **Increased Tourism**: Kotor is becoming an increasingly popular destination for travelers. As tourism growth continues, the demand for vacation rentals will also rise.

Points of Interest Around Kotor

Living in Sveta Vrača means you are surrounded by numerous points of interest that can enrich your lifestyle or drive rental appeal:

– **Kotor Old Town**: A short drive away, this historical gem is filled with cobblestone streets, charming shops, and vibrant squares.
– **Perast**: Just a few minutes from Kotor, this quaint village offers stunning waterfront views and opportunities for boat tours to the UNESCO-listed islands of Our Lady of the Rocks and St. George.
– **Lovćen National Park**: A haven for nature enthusiasts, this park boasts hiking trails, breathtaking views, and the iconic mausoleum of Petar II Petrović Njegoš.

Maximizing Your Investment Potential

The real question likely on your mind is: How can this one-bedroom apartment generate a return on your investment? Understanding possible rental incomes is key.

By analyzing the potential seasonal rental rates, this property can become a lucrative source of passive income. Here’s a breakdown of estimated incomes:

– **Summer Income**: For the peak summer months, the apartment can command rates of approximately 1 000€ per month. Over the three summer months, this totals 3 000€.
– **Winter Income**: During the quieter winter season, a rental price of 600€ per month is reasonable, leading to an annual total of 3 600€ for six months.

Adding these figures together gives us an annual gross rental income of 6 600€.

Calculating Your Return on Investment

With an investment of 167 000€ and an estimated annual income of 6 600€, calculating your ROI offers valuable insight into your property’s profitability:

ROI = (Annual Income/Investment) * 100 = (6 600€ / 167 000€) * 100 ≈ 4.33%.

This respectable ROI not only underscores the long-term potential of this property but also positions it as an attractive investment in a burgeoning real estate market.

Why This One-Bedroom Apartment is Your Best Investment

In summary, this charming one-bedroom apartment in Sveta Vrača offers an excellent blend of comfort, aesthetics, and investment potential. With its prime location, upcoming local developments, and rich cultural and recreational offerings, you are making a wise choice in securing this property. Whether you envision it as a personal sanctuary or a profitable rental, this opportunity is not to be overlooked. Invest today and embrace the promising future of Kotor!