Spacious Four-Bedroom Apartment by the Sea

Explore the Idyllic Charm of Škaljari, Kotor

Imagine waking up to the gentle sound of waves lapping against the shore, with the sparkling sea just outside your window. This spacious four-bedroom apartment in Škaljari, Kotor, is not just a home; it’s an invitation to embrace the beauty of coastal living. With a generous area of 115 m², the second-floor residence offers ample room for both relaxation and entertainment, all while basking in stunning sea views.

Proximity to Natural Wonders

Located on the first line to the sea, this apartment is perfectly positioned to take advantage of the region’s natural beauty. The nearby beaches provide an idyllic setting for sunbathing, swimming, or simply enjoying a tranquil stroll along the coastline. Kotor’s enchanting fjord invites outdoor enthusiasts to explore breathtaking hiking trails, kayaks, and boat excursions, making every day an opportunity for adventure.

A Thriving Neighborhood

Škaljari is more than just a picturesque location; it is a vibrant neighborhood bustling with life. Within walking distance, residents can find an array of local amenities, including:

– **Authentic Seafood Restaurants**: Taste the rich flavors of the Adriatic with fresh catches prepared by skilled chefs.
– **Cultural Landmarks**: Discover the ancient city walls and historical sites that tell the story of Kotor’s rich heritage.
– **Convenient Access to Services**: Kotor’s hospital and local shops are just a stone’s throw away, ensuring that all essential services are within reach.

With both quiet charm and lively surroundings, this area strikes an ideal balance for families and investors alike.

Maximizing Investment Potential

As you consider this property, the potential for return on investment becomes a key point of interest. The additional 92 m² attic space offers the possibility to expand and customize your property further, paving the way to increased value and rental opportunities. This spacious apartment promises to attract both short-term vacationers and long-term renters seeking a special place to stay in beautiful Kotor.

Understanding Revenue Opportunities

Investors looking at the rental market can benefit significantly from this property. Here’s a more detailed breakdown to understand the financial benefits clearly:

– **Summer Rental Potential**: With an estimated rental price of 200€/night for 90 days, the summer season can generate significant income.
– **Winter Rental Strategy**: In the winter, renting at 100€/night for 120 days provides an attractive alternative that keeps your property occupied year-round.

When totaling the projected annual rental income, the calculation is as follows:

– Summer income: 200€ x 90 = 18 000€
– Winter income: 100€ x 120 = 12 000€
– **Total Annual Income**: 18 000€ + 12 000€ = 30 000€

With an estimated annual maintenance cost of 3 000€, the *net income* would be 27 000€.

Calculating the ROI yields impressive results:

ROI = (Net Income / Investment) x 100
ROI = (27 000€ / 250 000€) x 100 = 10.8%

In this scenario, the apartment boasts an enticing ROI of approximately 10.8%—a clear indication of the investor-friendly nature of this exceptional space.

Your Future Awaits

This spacious four-bedroom apartment in Škaljari isn’t just about owning property; it’s about investing in a lifestyle filled with beauty, culture, and warmth. Whether you envision a cozy family retreat or a lucrative rental opportunity, this home is poised to make your dreams a reality. Don’t miss the chance to secure your piece of paradise in Kotor, where every day feels like a vacation.