Two-Bedroom Apartment with Sea View in Kotor

Unveiling a Coastal Gem: Investment Potential in Kotor

Nestled in the enchanting region of Dobrota, this two-bedroom apartment represents not just a home, but a harmonious blend of luxury, comfort, and opportunity. With its exquisite 78m² layout enriched by captivating sea views, this property offers a lifestyle that dreams are made of. As an investor, you will appreciate the unique features that make this apartment a prime choice in Montenegro’s thriving real estate market.

Exploring the Local Landscape

The surroundings of this apartment are as impressive as the residence itself. Kotor, known for its stunning bay, historical significance, and vibrant culture, is a magnet for tourists year-round. With the apartment located only 200 meters from the shimmering Adriatic Sea, you have the chance to experience the best of coastal living.

The nearby local amenities are abundant. Imagine having world-class restaurants, charming cafés, and boutique shops just a leisurely stroll away. The famed Huma Bay Resort, with its pristine beach and scenic promenade, enhances the allure of this location, providing endless options for relaxation and entertainment.

Tourist Attractions and Activities

Kotor is a UNESCO World Heritage site and is rich in history. Some of the local attractions that draw visitors in include:

– **Kotor Old Town**: With its medieval architecture, labyrinthine streets, and historical monuments, it is a perfect old-world charm destination.
– **Fortress of San Giovanni**: Hike up to this fortress for breathtaking views of the bay and a glimpse into the city’s storied past.
– **Scenic Kayaking and Sailing**: The tranquil waters of the bay offer myriad opportunities for kayaking, sailing, and swimming, both for fun and relaxation.

For those who appreciate outdoor beauty, nearby mountains and hiking trails provide a stunning backdrop for daily adventures, transforming every day into a new opportunity for exploration.

An Attractive Rental Market

The growing trend of tourism in Kotor signals a compelling market for short-term rentals. This apartment is perfectly positioned to capitalize on the influx of visitors seeking both adventure and tranquility.

Consider the investment angles:

– **Seasonal Demand**: The peak summer months invite travelers in search of sun-soaked experiences. The average rental rate of 150€ per night during the summer translates to a substantial income.
– **Winter Leisure**: With winter tourism burgeoning, particularly for those seeking a serene retreat, the off-peak average rental rate of 70€ per night ensures year-round appeal.

Detailed ROI Analysis

To evaluate the potential profitability of this investment, let’s break down the numbers:

Estimated Annual Income based on high demand:
– Summer (90 days at 150€/night): 13 500€
– Winter (275 days at 70€/night): 19 250€
– **Total Estimated Income**: 32 750€

Now, consider the operating expenses. If we deduct maintenance and management costs, estimated at 20% of the total income, we arrive at:
– **Net Profit**: 32 750€ – 6 550€ = 26 200€

Finally, let’s calculate the return on investment:

Calculation

Investment: 264 000€
Net Profit: 26 200€
ROI: (Net Profit / Investment) x 100 = 10.92%

Conclusion

This apartment is not merely a dwelling; it’s a gateway to a lucrative investment opportunity with an attractive projected ROI of 10.92%. With its stunning sea views, exceptional location, and substantial rental potential, it truly is a golden opportunity in Montenegro’s blossoming tourism landscape. Don’t wait; seize this chance to invest in your future in this picturesque coastal paradise.