Stone House with Large Lot in Herceg Novi

Explore the Beauty and Investment Potential of Herceg Novi

When considering a property investment, it’s essential to look beyond the walls of a house and envision the opportunities that the surrounding area provides. The charming stone house in Herceg Novi stands as a gateway to not only a serene lifestyle but also a lucrative investment. Let’s delve into the factors that make this property not just a home, but a golden opportunity.

Stunning Natural Surroundings

Located in the captivating landscapes of Montenegro, Herceg Novi is a paradise for those who appreciate nature. The property is enveloped in lush greenery, offering breathtaking views and a serene atmosphere. Imagine sipping your morning coffee while enjoying the songs of birds and the rustle of leaves in the gentle breeze. The extensive 3,100 m² lot allows for various outdoor activities—be it creating a vibrant garden, a cozy outdoor seating area, or even installing a pool to bask in the sun.

Here, nature lovers can indulge in numerous hiking trails, explore local flora, and immerse themselves in the tranquil environment. Revel in the experience of being surrounded by mountains that kiss the sky and a coastline that hugs the Adriatic Sea.

Cultural Richness and Connectivity

Herceg Novi is not just a picturesque retreat; it is a hub of cultural activities and connectivity. This charming town boasts a rich history and is known for its friendly community, vibrant cultural scene, and warm hospitality. With local festivals, artisan markets, and Mediterranean cuisine at your fingertips, you can experience the essence of Montenegrin life.

Moreover, the property is just a 20-minute drive from beautiful beaches and the lively city center. Quick access to essential amenities, health services, and leisure spots ensures that living here is both convenient and enjoyable. Whether it’s shopping for fresh produce at the local market or dining in exquisite restaurants, everything you need is within reach.

Investment Landscape and Development Potential

As the demand for Montenegrin real estate continues to rise, investing in this stone house presents a remarkable opportunity. The serene location and expansive plot offer tremendous possibilities for development. You could consider transforming the property into a holiday rental or enhancing it with additional units to maximize income potential.

With the growing interest in vacation rentals, you can secure a substantial return on investment (ROI). The influx of tourists year-round necessitates quality accommodations, making your property a desirable option. Imagine your stone house becoming a cherished getaway for families, couples, and adventurers alike.

Real Estate ROI: A Closer Look

Focusing on the financial aspects of your investment is crucial. Our simplified ROI calculation offers insight into the potential income:

1. **Summer Rental Income**
– Assuming a rental rate of 100€/night for 90 nights:
– **Total Summer Income**: 90 nights x 100€ = 9 000€.

2. **Winter Rental Income**
– Assuming a winter rate of 50€/night for 60 nights:
– **Total Winter Income**: 60 nights x 50€ = 3 000€.

3. **Total Yearly Rental Income**:
– 9 000€ (summer) + 3 000€ (winter) = 12 000€.

Considering the initial investment of approximately 60 000€ for renovation and land development, the ROI calculation becomes clear:

Calculation of ROI

– ROI = (Total Income / Investment) x 100
– ROI = (12 000€ / 60 000€) x 100 = 20%.

This demonstrates the potential for significant financial returns, giving you a clear pathway to profitable property ownership.

Your Path to Paradise Awaits

In conclusion, this charming stone house in Herceg Novi is not just a property; it represents a lifestyle and an investment opportunity waiting to be seized. Whether you dream of a quiet retreat, an enticing rental, or a combination of both, the possibilities are endless. With natural beauty, cultural richness, and compelling investment potential—this is more than a house; it is a chance to embrace a lifestyle of tranquility while building a prosperous future.

Contact us today to learn more about this unique opportunity and take a step closer to owning a slice of paradise in Herceg Novi!