Stone House in Kostanjica

Embrace the Adriatic Lifestyle: A Stone House Investment in Kostanjica

Nestled along the breathtaking Kotor Bay, the charming village of Kostanjica is a hidden gem that beckons to those seeking a serene coastal lifestyle. This remarkable stone house, a canvas for your creativity and vision, offers more than just shelter; it encapsulates a unique opportunity to immerse yourself in the vibrant culture and stunning landscapes of Montenegro.

Captivating Architecture and Unmatched Space

The allure of traditional stone architecture radiates from this spacious residence spread across three levels. With three well-appointed bedrooms, there’s ample room for family and guests alike. The two modern bathrooms ensure convenience during busy mornings or relaxing evenings. Imagine unwinding in the comforts of a beautiful garden, surrounded by the gentle sounds of nature, where you can host delightful barbecues under the sun or simply indulge in quiet reflection.

This property not only promises comfort but also boasts practicality with designated parking spaces, making access effortless for you and your visitors. A mere stroll away lies the sparkling coastline, where the rhythmic waves invite you to enjoy swimming, sunbathing, or sailing in the picturesque bay.

Thriving Development in the Area

Kostanjica is currently undergoing a transformation, with several new developments and amenities enhancing its appeal. The local government is investing in infrastructure, expanding access to schools, shops, and healthcare facilities. This growth signifies the village’s commitment to becoming a prime destination for both residents and tourists. As the area thrives, property values are likely to rise, providing an even stronger foundation for your investment.

Attractive Points of Interest Nearby

The location also offers an array of enticing attractions, ensuring that life here is never dull:

– **Kotor Old Town**: Just a short drive away, this UNESCO World Heritage site enchants with its medieval charm, cobbled streets, and rich history.
– **Mount Lovćen National Park**: An ideal escape for nature lovers, hiking trails provide breathtaking views of the surrounding landscapes.
– **Local Cuisine**: Discover delightful restaurants and cafes serving up traditional Montenegrin dishes that celebrate the region’s rich culinary heritage.

With such diverse offerings, Kostanjica is poised to attract both tourists and potential renters, cementing its status as a sought-after location.

Business Opportunities and Rental Potential

In today’s trending market, the potential for short-term rentals is skyrocketing. As the secret of Kostanjica spreads, your stone house could serve as a charming retreat for vacationers. The estimated rental income stands impressively at around 1 500€ per month during the bustling summer months, providing a substantial cash flow. Even in the quieter winters, you can still expect roughly 800€ a month, making this property a year-round investment prospect.

Smart Investment Calculation

Let’s break down the numbers further to demonstrate the financial attractiveness of this investment:

– **Annual Rental Income**: 18 600€ (calculated as 1 500€/month for 6 months + 800€/month for 6 months)
– **Renovation Costs**: Approximately 30 000€
– **Total Investment**: 250 000€ (including both the house and renovation)

To assess the return on investment (ROI), we employ the formula:

ROI = (Annual Income / Total Investment) x 100

Thus, with careful calculations:

ROI = (18 600€ / 250 000€) x 100 = 7.44%

This figure indicates a robust investment opportunity reflective of the rising market trends in Kostanjica.

Conclusion: A Prime Investment Opportunity Awaits

By acquiring this stone house in Kostanjica, you are not just purchasing a property; you are investing in a lifestyle and the potential for substantial returns. With its captivating surroundings, burgeoning local economy, and robust rental market, this charming residence stands as a beacon for savvy investors looking to indulge in the beauty of Montenegro while securing their financial future. Don’t let this opportunity pass you by – discover your stone house in Kostanjica today!