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šŸ”„ Invest in a Lifestyle: Tivatā€™s Best-Kept Real Estate Secret Revealed

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Hello STR Scout Members,

šŸŒ STR Property Snapshot: How to invest better for less, our local scout shares a luxury 1/1 STR pied-Ć -terre in Tivat, Montenegro.

šŸ” Explore 19 STR listings across 8 U.S destinations.

šŸ“° Stay informed with the latest trends to make smart investment moves.

Thank you for being a valued member in our STR investor community.

Kind regards,

Andy Thoms
STR Scout

šŸ˜Ž Discover hidden gems and enrich your lifestyle in premier overseas destinations. Grow your wealth with strategic global pied-Ć -terres. We're scouting the bestā€”explore, dream, and invest!

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Investment in a Lifestye: Tivatā€™s Best-Kept Real Estate Secret Revealed

Discover Tivat: Montenegroā€™s Hidden Gem

After years of investing in real estate across the U.S., exploring opportunities overseas brings a refreshing perspective. Among the worldā€™s most stunning destinations, Montenegro stands out as a place where life and investment potential align beautifully.

Why Tivat?

Our interest in Tivat was originally sparked during the evaluation of a STR pre-sale deal in the region. While that particular opportunity didnā€™t meet our criteria, it highlighted the hidden potential of the area.

Montenegro, with its unique blend of old-world charm and modern amenities, stands out as a destination offering an exceptional quality of life at a fraction of the cost of other European retreats. The real estate market here presents unparalleled value and significant growth potential.

During our recent scouting of the region, we were drawn to Tivat, particularly the neighborhood of Donja Lastva. Just steps from Porto Montenegro and the tranquil Tivat Bay, we discovered a one-bedroom condo that offers more than just a place to live. Itā€™s an investment in a lifestyle that seamlessly combines relaxation with financial growth.

As always, we are not financial advisors, this not investment advice, and always seek professional and legal advice before investing in real estate.

A Glimpse of Porto Montenegro

Imagine a place where the deep blue Adriatic embraces an exclusive marina, where yachts dock against the backdrop of rugged mountains and Mediterranean charm. This is Porto Montenegroā€”a destination where luxury transcends lifestyle and becomes a way of being.

In Porto Montenegro, the air hums with the sounds of diverse languages, the gentle clinking of glasses, and the soft lapping of waves. Here, sophistication meets those who seek the finest experiences. Yet, Porto Montenegro is more than a playground for the elite; itā€™s a gateway to one of Europeā€™s most affordable and sought-after regions.

A Closer Look at the Property

This condo is a rare find, especially in a market where demand is high and quality deals are scarce. Identified with the help of trusted local experts, it stands out for its prime location and exceptional value. The property features spacious rooms, high ceilings, and a private terrace surrounded by lush greenery.

Imagine starting your day with a gentle bay breeze and your morning coffee on the terraceā€”knowing youā€™ve secured a piece of paradise at a fraction of the price youā€™d pay in other parts of Europe.

Lifestyle Investment Potential

The financial potential here is compelling. With conservative gross revenue (shared by local manager) projections of ā‚¬2,130 per monthā€”equivalent to 10.2% of the sales price annuallyā€”and a low expense ratio of just 22.5%, this property offers solid yields and strong growth potential.

It provides a lock-and-walk cash flow lifestyle potential, combining ease of ownership with attractive returns, and high quality of life for less.

The demand for both nightly and monthly rentals is robust and growing, and with a conservative occupancy estimate of 65%-75%, steady returns are assured by the local managers.

Moreover, Montenegroā€™s low cost of living, combined with its low expense ratios and affordable labor costs, allows your investment to go further.

Here, you can enjoy luxury living without the hefty price tag typically found in comparable destinations, such as the French or Italian Riviera. The cost of owning a rental property in Montenegro is just a fraction of what you would pay in the U.S.

The Tivat Vibe

Step into a world where old-town charm meets luxury living, set against a backdrop of breathtaking natural beauty and a lively, cosmopolitan community. Tivat isnā€™t just a destination; itā€™s a lifestyle. Whether youā€™re in search of a personal retreat or a savvy investment, Tivat seamlessly combines value with quality, offering something truly special.

ā›·ļøšŸŒ“ šŸ‡®šŸ‡¹ If you love the mountains, skiing, biking, and hiking are just a short drive away. And if regional exploring is on your list, this spot is an ideal starting point for adventures in Greece, the Balkans, Europe, and beyond. Minutes away from the airport.

Property Overview

This turnkey one-bedroom condo in Donja Lastva is ideally locatedā€”just 100 meters from Tivat Bayā€™s beaches and a 5-minute walk from Porto Montenegro. The blend of modern comfort and prime location makes it an exceptional investment.

Key Highlights:

  • Price: ā‚¬249,950 ($277,793)

  • Location: 100 meters from Tivat Bayā€™s beaches and a 5-minute walk to Porto Montenegro

  • Luxury Living: Spacious rooms, high ceilings, and a private terrace surrounded by lush greenery

  • Strong Rental Demand: Consistent income stream with high demand for both nightly and monthly rentals

  • Occupancy: Estimated annualized occupancy rate of 65% ensures steady returns

  • Gross Revenue Projections: ā‚¬2,130 per month, translating to 10.2% of the sales price annually

  • Low Expenses: Monthly expense ratio of 22.5%, offering substantial net income potential

  • Turnkey Investment: Fully furnished with high-end furnishings, underground parking, and backup systems for convenience and security

This condo serves as an ideal Airbnb and pied-Ć -terreā€”a perfect base camp for exploring Europe and the Adriatic. Itā€™s an opportunity to be part of a growing, vibrant community while enjoying the financial and lifestyle benefits that come with it.

For more information, you can reach out to our local STR expert, Peter:

Agent: Peter Flynn / Director ntRealty, Tivat
Email: [email protected] 
Call WhatsApp: +38267268805

Learn why these propertiesā€”and the areaā€”are catching the eye of STR investors worldwide. - Peter Flynn

Charming Coastal Cottage in Rockport's Coral Reef Community 

šŸ” $418K | Rockport, TX: 3BD, 2.5BA cottage, 1224 sqft, turnkey investment with rental income potential.

  • Neighborhood pool and playground, water views

  • Just a short drive to the Cove Harbor boat ramp and trendy restaurants.

View Property Details 
STR Agent: Kathleen Miller
Text or Call: (361) 815-8991
Website

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šŸ“Š Home prices rise in June, but pace slows amid market uncertainty: The latest S&P Case-Shiller Index shows that U.S. home prices continued to rise in June 2024, though at a slower pace than earlier in the year. The ongoing inventory shortage is keeping prices elevated, but economic uncertainty and fluctuating mortgage rates are causing some buyers to hold off, resulting in a more tempered increase. Read more

šŸ“‰ Mortgage rates inch up but stay near 16-month low: Mortgage rates have ticked up slightly but remain close to a 16-month low, sitting at 6.35%. This marginal increase hasn't yet deterred potential buyers, although the housing market continues to face headwinds from economic uncertainties and fluctuating demand. Read more

šŸ  Pending home sales drop to a new low despite more inventory: U.S. pending home sales have plunged to their lowest level on record, signaling a deepening buyer's strike even as the number of homes for sale has surged. Buyers are holding back, potentially waiting for better deals or more stable economic conditions. Read more

šŸŒŽ Montenegro's Bay of Kotor offers adventure and stunning beauty: Montenegro's Bay of Kotor is a hidden gem for travelers, offering breathtaking views, historic towns, and endless outdoor adventures. Whether you're into hiking, sailing, or simply soaking up the culture, this region provides a perfect blend of excitement and relaxation. Read more

šŸŒ“ Latin American paradise sets new tourist arrival record: A Latin American destination is breaking records as tourists flock in like never before. Known for its pristine beaches, vibrant culture, and affordable luxury, this tropical gem continues to attract visitors looking for both adventure and relaxation in paradise. Read more

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