Duplex Apartment with Sea View in Igalo

A Prime Investment in the Heart of Igalo

Embark on a journey to discover an exceptional duplex apartment nestled in the picturesque locale of Igalo, Herceg Novi. This property offers an unparalleled combination of space, comfort, and breathtaking views, making it the perfect investment for discerning buyers.

Idyllic Surroundings

Imagine waking up every day to the sound of gentle waves and the sight of vibrant sunsets over the Adriatic Sea. This residence is strategically positioned just 500 meters from the pristine coast, ensuring that every day feels like a vacation. Surrounded by natural beauty and tranquil hills, the area is not only a peaceful retreat but also a hub for modern amenities and cultural richness.

Local Development & Amenities

Igalo is more than just a beautiful destination; it is an area on the rise. The local government has been investing heavily in infrastructure, enhancing roads, and improving public transport connections. New cafes, gourmet restaurants, and boutique shops are sprouting up, enriching the community and making it a lively place to live. Additionally, the proximity to Herceg Novi, with its historical significance and bustling marina, adds to the allure of this location.

Key local attractions include:
– **Spa Facilities**: Renowned for therapeutic wellness centers that draw visitors year-round.
– **Historic Sites**: Explore the ancient fortresses and charming old town that narrate the tales of the past.
– **Outdoor Activities**: Hiking trails, water sports, and diving opportunities abound for adventure enthusiasts.

Captivating Design & Layout

The duplex apartment itself is a masterpiece of design and utility. Spanning over 123 m², the layout promotes a sense of openness and warmth. The spacious living room welcomes you in, seamlessly flowing into a fully equipped kitchen where the aroma of home-cooked meals blends with the sea breeze. Each bedroom serves as a serene escape, while the two modern bathrooms ensure convenience for family and guests alike.

Perhaps the most delightful feature is the expansive terrace. Picture hosting lively gatherings with friends or enjoying a peaceful evening with a glass of wine, all while soaking in that panoramic view of the sparkling azure waters.

A Steady Rise in Demand

Investing in this duplex apartment means tapping into the growing rental market of Igalo. The popularity of this area among tourists ensures a robust demand for rental properties. The blend of natural beauty, cultural experiences, and modern conveniences draws visitors both in the summer and winter seasons.

As more travelers begin to recognize Montenegro as a prime destination, the need for comfortable and aesthetically pleasing accommodations will only escalate. Here, your property is not just a home; it’s a lucrative asset that can yield consistent returns.

ROI: A Big Picture Perspective

Understanding the potential for ROI with this duplex apartment is straightforward. The projected rental income for summer months reaches an impressive 1 200€/month, while winter rentals can provide around 600€/month. This diverse income stream showcases the versatility and appeal of the property.

With a projected annual income of 10 800€, you can see why this investment is enticing:
– **Annual Income**: 10 800€
– **Purchase Price**: 150 000€
– **ROI Calculation**:
ROI = (Annual Income / Purchase Price) × 100 = (10,800 / 150 000€) × 100 ≈ 7.94%

Ultimate Conclusion

This duplex apartment is more than just a property; it’s an opportunity. With an enticing ROI of approximately 7.94%, you have the chance to enjoy both a stunning living space and a rewarding investment in Montenegro’s growing real estate market. Embrace the chance to own a piece of paradise and watch your investment flourish in the coming years. Don’t let this opportunity pass you by!