Furnished Apartment in Igalo

A Hidden Gem in Igalo: Your Investment Awaits

Are you searching for the perfect blend of charm, convenience, and investment potential? Look no further than this exquisite furnished apartment in Igalo, Herceg Novi. Nestled in a vibrant neighborhood, this property offers a gateway to the enchanting Mediterranean lifestyle, while presenting an exceptional opportunity for investors seeking passive income.

Location, Location, Location

The success of any investment property hinges largely on its location, and this apartment does not disappoint. Igalo is renowned for its stunning coastline, picturesque promenades, and a hub of cultural activities. Imagine waking up to the soothing sound of waves, taking leisurely strolls along beautiful beaches, and dining at local cafes that serve delicious Mediterranean cuisine.

Just a stone’s throw away, you will find:

– Beaches: Renowned and pristine, you can indulge in sunbathing, swimming, or watersports in a matter of minutes.
– Parks and Recreational Areas: Enjoy outdoor activities and community events in the nearby parks, ideal for families and individuals alike.
– Cultural Attractions: Explore local museums, historical sites, and artisan shops that reflect the rich culture of Herceg Novi.

The well-connected public transport and strategic access to major roads make it easy for you and your guests to explore beyond Igalo, expanding opportunities for both relaxation and adventure.

Modern Amenities for Comfortable Living

Your new home comes fully furnished with modern amenities that guarantee comfort and convenience. The cozy yet stylish design of the apartment harmonizes functionality with aesthetics.

– Spacious Living Area: The combined living room and kitchen area create an inviting atmosphere for social gatherings, further enhanced by large windows that let in natural light.
– Two Cozy Bedrooms: Rest easy in well-appointed bedrooms, which provide a peaceful retreat after a day of exploration.
– Terraces with a View: Picture sipping your morning coffee or enjoying an evening glass of wine while soaking in the breathtaking views of the surrounding hills and sea.

Why Invest in Igalo?

The allure of this apartment extends beyond its physical attributes. Igalo is experiencing a rejuvenation, with continued development in tourism, hospitality, and infrastructure.

– Rising Demand: As travel to Herceg Novi grows, so does the demand for short-term rentals. This makes owning property in this area a smart move.
– Smart Growth: The redevelopment of surrounding facilities, such as shopping centers and entertainment venues, is drawing more visitors to this picturesque town.
– Strong Rental Market: Properties like this can achieve high occupancy rates, ensuring that your investment works for you.

Maximizing Your Investment with Rental Opportunities

With a robust rental strategy, the prospects for earning from your furnished apartment are promising. During peak seasons, properties in Igalo command premium pricing. The rental income calculations reveal a remarkable potential.

– Summer Rentals: At an average of 100€ per night, you’ll maximize profits with a 60% occupancy rate during the peak summer months, yielding an impressive 9 000€ over just 90 days.
– Winter Rentals: Offering lower rates in winter, even with moderate demand, you can still expect a steady income of 9 000€ for the season.

In total, your potential annual income could reach 18 000€, underscoring the financial viability of this investment.

Conclusion: A Sound Investment for a Bright Future

When you factor in operational costs—estimated at around 30%—your net income stands to be approximately 12 600€ annually. This impressive figure translates to a remarkable ROI of 7.4%, paving the way for a secure financial future.

Owning a furnished apartment in Igalo is not just about securing a property; it’s about opening the door to an investment laden with opportunities. With its enchanting atmosphere, booming rental market, and modern amenities, this property is the ideal choice for savvy investors eager to plant their roots in one of the Adriatic’s most sought-after locations. Don’t let this opportunity slip away—invest in your slice of paradise today!