Panoramic Apartment in Savina

Discover the Allure of Savina: A Prime Investment Opportunity

Imagine waking up every day to the gentle sound of waves lapping against the shore, as breathtaking panoramic views of the picturesque bay greet you. This is not just a dream; it’s a reality waiting for you in this stunning two-bedroom apartment located in Savina, Herceg Novi. Priced at 286 000€, this property not only offers an exquisite living experience but also an attractive investment opportunity that is hard to resist.

Exceptional Location

Savina is known for its rich history and vibrant culture, creating an enchanting atmosphere for residents and visitors alike. Located just 300 meters from the azure Adriatic Sea, this apartment is perfectly positioned for those who appreciate the beauty of coastal living. The surrounding area boasts an array of amenities, including:

– **Cozy cafés and gourmet restaurants:** Savor authentic Mediterranean cuisine just a short stroll from your door. Enjoy dining al fresco with the view of the sunset painting the sky.
– **Long sandy beaches:** Spend your days basking in the sun or engaging in water sports, making the most of the pleasant climate that Herceg Novi is known for.
– **Rich cultural sites:** Immerse yourself in the local tradition by exploring historic landmarks, galleries, and charming old towns that narrate Montenegro’s captivating history.

This apartment is not merely a space; it’s a gateway to a luxurious lifestyle filled with adventure and exploration.

Impressive Amenities and Features

The apartment itself is a testament to modern design and functionality. Spanning 87 m², it offers ample space for comfort and relaxation. Here’s what you’ll find:

– **Two private terraces:** Enjoy your morning coffee or an evening glass of wine while taking in the stunning views. These terraces serve as private sanctuaries away from the world.
– **Modern kitchen and dining area:** Cook up a feast with family or guests in a well-equipped kitchen that flows seamlessly into the dining and living areas.
– **Well-designed living space:** A bright and airy living room serves as the heart of the home, perfect for relaxing or entertaining.

Whether you’re lounging in one of the cozy bedrooms or hosting friends on the terrace, the overall atmosphere exudes both warmth and tranquility.

Smart Financial Investment

An investment in this apartment not only promises aesthetic and lifestyle benefits but also financial ones. With clear legal documentation and no encumbrances, you can rest easy knowing that this property can function as a source of steady income. Here’s a breakdown of the potential return on investment (ROI):

– **Summer rental rates:** Approximately 100€ per night for 90 days.
– **Winter rental rates:** Around 40€ per night for 180 days.

This translates to an annual income of 16 200€, calculated as follows:
Rental Income = (100 * 90) + (40 * 180) = 9 000€ + 7 200€ = 16 200€.

After accounting for annual expenses of 2 200€ for maintenance and management, the net income stands at 14 000€. Hence, with a purchase price of 286 000€, the ROI is:
ROI = (14,000 / 286 000€) * 100 ≈ 5.38%.

This appealing ROI indicates that your investment can yield steady and reliable returns while allowing you to enjoy all that this delightful location has to offer.

Seize the Opportunity!