House in Prčanj, Kotor

Invest in Your Dream: A Property Opportunity in Prčanj, Kotor

Investing in real estate often leads to unexpected treasures, especially when the location is as enchanting as Prčanj, Kotor. Imagine a tranquil village embracing the enchanting Adriatic Sea, where the azure waves kiss the shore just 40 meters from your doorstep. This charming house offers more than just a place to live; it presents a golden opportunity for savvy investors seeking to capitalize on a growing tourism market or to renovate a space that could be transformed into a coastal gem.

The Allure of Prčanj

Nestled along the picturesque Bay of Kotor, Prčanj is not just a destination; it’s a postcard from your dreams. With its ancient stone houses, stunning mountain backdrop, and warm community atmosphere, this vibrant locale attracts visitors from around the globe. The region is steeped in history, with centuries-old churches and abandoned forts that tell tales of a bygone era. Whether it’s the serene environment or the adventurous spirit of outdoor activities waiting to be discovered, the charm of Prčanj is irresistible.

Key Features of the Property

The house itself, spanning 180 m², is a blank canvas waiting for your vision. Here are some features that make this property particularly enticing:

— **Two Levels of Potential**: With 82 m² on the ground floor and 97 m² on the upper floor, there is ample space to create modern living spaces or separate rental units.
— **Outdoor Space**: The generous land area of 349 m² offers possibilities for garden areas, recreational spaces, or even additional constructions to enhance rental appeal.
— **Proximity to the Sea**: Living just 40 meters from the beach opens doors to a lifestyle filled with sun, leisure, and adventure, bringing both personal enjoyment and tenant attraction.

Understanding the Market

The real estate landscape in Kotor and its surroundings is thriving, thanks to the increasing interest from international tourists. This investment aligns perfectly with the growing trend of travelers seeking unique accommodations. The potential for generating passive income through short-term rentals is substantial.

Let’s explore the defining characteristics of the local market:

— **Rising Tourist Numbers**: With Kotor being listed as a UNESCO World Heritage Site, more tourists are flocking to the area year-round.
— **Versatile Use**: The property can serve as a seasonal vacation rental or be transformed into luxurious apartments suitable for long-term rentals, attracting both summer tourists and winter visitors.
— **Local Attractions**: The nearby towns of Kotor and Herceg Novi offer cultural experiences and vibrant nightlife, enhancing the attractiveness of your rental for tourists.

Financial Insights

The profitability of investing in this property can’t be overstated. The combination of low initial investment and high rental potential makes it a compelling choice. Here’s a closer look at your possible earnings:

— **Summer Rentals**: Capitalize on a booming demand, with projected income for peak season reaching 30 000€.
— **Winter Rentals**: Added value during the off-peak season, bringing in an extra 10 000€.
— **Total Annual Income**: 40 000€

Calculating the return on investment gives you a clearer picture of the property’s potential.

ROI = (Annual Income / Cost) x 100
For this property:
ROI = (40 000€ / 297 000€) x 100 = 14.81%

Your Path to Success

In the realm of real estate, opportunities like this don’t linger long. The unique blend of location, space, and potential for high returns positions this property as a prime candidate for your portfolio. Whether transforming the space into dream vacation rentals or your personal seaside retreat, the investment stands at the crossroads of lifestyle and financial prosperity.

Seize the moment and invest in a lifestyle that marries beauty with opportunity in the heart of Kotor. The enchanting village of Prčanj awaits your touch to unlock its full potential! Don’t let this opportunity slip away; make it yours today!