Two-Story Apartment by the Sea in Perast

Embrace Coastal Living and Investment in Perast

Imagine waking up to the soothing sound of waves lapping against the shore, with stunning views of the sun rising over the tranquil waters of the Bay of Kotor. This lifestyle can be your everyday reality in this beautiful two-story apartment in Perast, Montenegro. Not only is this residence a sanctuary for relaxation, but it also represents a remarkable investment opportunity.

Unmatched Living Experience

As you step into this 83 m² space, you are greeted by an intelligently designed layout that effortlessly combines comfort and style. The expansive living room flows into a beautifully appointed dining area, perfect for entertaining guests or enjoying cozy meals with family. Two generously sized bedrooms provide ample space for rest, ensuring that everyone can find their personal haven. The highlight of this property, however, is the private terrace, an outdoor extension of your living space where you can sip your coffee while absorbing the breathtaking vistas of the blue Adriatic Sea.

The Allure of Perast

Perast is not just a location; it’s a destination steeped in history and culture. Known for its stunning baroque architecture and historical landmarks, this charming town is a mosaic of cobblestone streets, elegant churches, and beautiful coastal views. Visitors to Perast can explore the nearby islands of Our Lady of the Rocks and St. George, both of which add a unique flair to the region. The local markets, delectable seafood restaurants, and vibrant cafés ensure that life here is always lively and engaging.

In addition, Perast is strategically positioned near Kotor and Tivat, making it accessible yet set apart from the hustle and bustle of larger tourist destinations. This balance makes it easier to attract visitors year-round, enhancing your property’s rental potential.

A Bright Investment Horizon

Investing in this apartment isn’t merely purchasing a property; it’s about seizing a golden opportunity to enter the thriving Montenegrin real estate market. With tourism on the rise in Montenegro, this investment can lead to impressive returns, especially in the vibrant Perast area.

Here’s a breakdown of potential rental income:
– **Summer Rates**: 150€-200€ per night
– **Winter Rates**: 80€-120€ per night
– **Estimated occupancy**: 60% during peak holiday seasons

Using these figures, it is easy to calculate a potential annual income:
Annual Revenue = (0.6 x (150 x 90)) + (0.4 x (100 x 180)) = 8 100€ + 7 200€ = 15 300€.

Taking the estimated purchase price around 200 000€ into account, you’re looking at an enticing ROI of approximately 7.65%. This figure could rise efficiently with ongoing appreciation in property values and the incorporation of additional amenities to enhance the rental experience.

Make Your Move Today

Don’t let this enchanting residence slip away. Whether you’re searching for a vacation retreat or a sound investment opportunity, this two-story apartment offers it all. With its prime location, charming community, and impressive rental potential, it embodies everything you need for a prosperous investment venture in the breathtaking backdrop of the Adriatic coast. Embrace this opportunity and make Perast your next investment haven!