Spacious Apartment in Savina

Discover Your Ideal Investment: A Gem in Savina

In the heart of Herceg Novi, the opportunity to acquire a remarkable property beckons. The spacious two-bedroom apartment in the sought-after Energoprojekt neighborhood of Savina is not just a home; it represents a lifestyle choice and a prosperous investment. With its generous 120 m² layout, modern amenities, and captivating sea views, it stands as a testament to the allure of the Adriatic Coast.

Surrounding Development and Community

Savina is a thriving enclave that combines gentle coastal living with the vibrancy of urban amenities. The neighborhood is experiencing a renaissance, with several new developments on the horizon. Nearby, residential and commercial projects are enhancing the area’s appeal, signaling growth and a promising future.

– **Infrastructure Improvements**: Recent upgrades to roads and public transport make navigating the region easier, ensuring residents are connected to nearby towns and attractions.
– **Cultural Touchstones**: The local community hosts annual festivals, art exhibitions, and culinary fairs, allowing investors to immerse themselves in the rich culture of Montenegro. These events draw tourists and provide opportunities for seasonal rentals.
– **Natural Attractions**: Savina is close to lush parks, hiking trails, and beautiful beaches, which attract not only locals but also tourists seeking natural beauty and adventure.

Points of Interest Nearby

Imagine sipping your morning coffee on your terrace while soaking in the tranquil views of the Adriatic Sea. Just steps away, you can explore:

– **Beaches**: With the beach only 150 meters away, the rhythmic sound of waves and sun-kissed sand become part of your daily life. These beaches are not just for relaxation; they provide a playground for water sports enthusiasts and families alike.
– **Culinary Delights**: A short stroll brings you to numerous restaurants and cafés where you can enjoy authentic Montenegrin cuisine, famous for its rich flavors and fresh ingredients. Seafood lovers will find plenty of options to delight their taste buds.
– **Cultural Landmarks**: The historic Old Town of Herceg Novi, with its stunning architecture, museums, and galleries, is a mere 6-7 minute walk. This area allows you to experience the region’s history, enhancing its appeal as a rental location for tourists.

Investment Potential

Investing in property is not merely about buying a physical space; it’s about seizing an opportunity to grow your wealth. The strategic location of this apartment within a lucrative market emphasizes its potential:

– **Growing Tourism Industry**: Montenegro’s reputation as a top tourist destination continues to rise. With millions visiting each year, properties close to the beach and local attractions experience significant demand, ensuring a steady stream of rental income.
– **Appreciation Opportunities**: As the Savina area develops, property values are expected to appreciate. Buying now positions you ahead of the curve, giving you a valuable asset for the future.

ROI Analysis: Maximizing Your Investment

The ROI (Return on Investment) for this exceptional apartment is promising, especially considering its rental capacity. During peak season, tourists are eager to spend time in scenic locations like Herceg Novi.

Here’s a breakdown of your potential earnings:
– **Summer Rentals**: Renting the apartment at 1 200€ per week during the high season can yield around 14 400€ if fully booked for 12 weeks.
– **Winter Rentals**: In the off-season, renting at 600€ per month can add an additional 7 200€ to your income.

Comprehensive ROI Calculation

To summarize, the annual income potential looks like this:
– Total summer income: 14 400€
– Total winter income: 7 200€
– **Total annual income**: 21 600€

With an investment of 506 000€, the ROI can be calculated as follows:
ROI: (21 600€ / 506 000€) * 100 = 4.70%

Your Next Steps

The financial rewards of owning this spacious apartment in Savina can be significant, with an attractive potential ROI of 4.70%. Here lies your chance to not just own a slice of paradise but also to become part of a growing community poised for success. Don’t let this opportunity pass you by—invest in a future filled with growth, beauty, and the promise of the Adriatic lifestyle!