Seafront Apartment in Savina

A Coastal Gem Awaits You in Savina

Investing in real estate is not merely about purchasing property—it’s about acquiring a lifestyle, a community, and a profit-generating asset. This stunning seafront apartment in the picturesque region of Savina, Herceg Novi, encapsulates these elements effortlessly. Imagine waking up to the glistening sea and spectacular sunrises right outside your window, all while knowing you are securing a sound investment in a prime location.

A Serene Location with Rich Cultural Heritage

Nestled along the captivating Montenegrin coastline, Savina is renowned for its natural beauty and cultural richness. This neighborhood is not just a place to live; it’s a destination. From its beautiful beaches to local historic sites, residents enjoy an enviable lifestyle marked by tranquility and excitement.

– **Beaches:** Just a short stroll from your apartment, discover pristine beaches where golden sands meet azure waters, perfect for sunbathing, swimming, or enjoying water sports.
– **Cultural Landmarks:** Dive into the history of Herceg Novi with visits to famed landmarks such as the Savina Monastery and the Old Town fortifications, which narrate tales of centuries past.
– **Local Markets:** Experience the vibrant local culture by exploring nearby markets filled with fresh produce, artisanal goods, and a variety of local delicacies.

These attributes not only enhance your living experience but also attract tourists, adding to the rental potential of your property.

Thriving Community and Infrastructure Developments

Over the past few years, Herceg Novi has witnessed significant infrastructural improvements and community developments. Investments in public transport, road upgrades, and enhanced services have made this region more accessible. A plethora of restaurants, cafes, and shops have sprung up, enriching the local economy and lifestyle.

– **Dining and Nightlife:** Enjoy a diverse culinary scene, from traditional Montenegrin dishes to international cuisine, ensuring there’s something for everyone.
– **Recreational Activities:** Engage in a variety of outdoor activities, including hiking trails, cycling routes, and water sports, catering to adventure enthusiasts and relaxation seekers alike.
– **Community Events:** Throughout the year, the city hosts vibrant festivals and events, bringing together locals and visitors, fostering a sense of community and cultural exchange.

These developments not only contribute to the overall charm of Herceg Novi but also promise a steady influx of tourists and potential renters, ensuring your investment remains profitable.

Financial Viability: The Path to Profitable Ownership

Successful investments hinge on understanding the return on investment (ROI) potential, and this seafront apartment does not disappoint. With its strategic location and increasing interest from travelers, you can anticipate significant rental income.

Consider the projected rental revenues:

– **Summer Rentals:** With an average of 120€ per night and an estimated occupancy rate yielding approximately 90 rental days, you could see a revenue of:
– 90 x 120€ = 10 800€

– **Winter Rentals:** During the off-peak season, with an average of 60€ per night over 60 rental days, your revenue could tally:
– 60 x 60€ = 3 600€

The total annual revenue, when combined, amounts to 14 400€.

ROI Calculation: A Solid Investment Decision

Taking into account a purchase price estimated at 250 000€, you can calculate the ROI as follows:

ROI = (Annual Revenue / Investment) x 100
ROI = (14 400€ / 250 000€) x 100 = 5.76%

This remarkable ROI indicates a reliable investment that not only promises a beautiful escape but also a lucrative financial opportunity.

Seize This Unique Opportunity

With its breathtaking views, prime location, and solid investment potential, this savina seafront apartment is truly a hidden treasure waiting to be discovered. Whether you are looking for a personal getaway or a wealth-building investment, this property represents a rare combination of luxury and profitability.

contact us today for more details and to embrace the coastal lifestyle combined with financial growth. The perfect investment awaits in Savina, Herceg Novi!