Apartment for Sale in Igalo

Your Gateway to Coastal Living in Igalo

Investors seeking an enticing opportunity in the Mediterranean paradise of Herceg Novi will find this delightful one-bedroom apartment in Igalo irresistible. Just a stone’s throw away—approximately 700 meters—from the pristine shores of the Adriatic Sea, this property is perfectly positioned for both personal enjoyment and investment potential.

Why Igalo? A Perfect Blend of Nature and Culture

Igalo, known for its stunning coastal scenery and rich cultural heritage, is rapidly becoming a hotspot for both local and international investors. As you immerse yourself in the vibrant local community, you’ll find:

– **Beaches and Relaxation:** The nearby beaches, renowned for their crystal-clear waters, offer the perfect setting for sunbathing, swimming, and water sports.
– **Therapeutic Spas:** Igalo is famous for its healing mud and therapeutic waters, attracting health-conscious visitors eager to rejuvenate.
– **Culinary Delights:** The area boasts a range of cafes and restaurants serving delightful Mediterranean cuisine, from fresh seafood to local wines.
– **Cultural Events:** Enjoy various festivals throughout the year, celebrating music, arts, and local traditions that make Igalo come alive.

As development continues around Igalo, with new facilities and amenities sprouting up, the area is not just a coastal retreat but also a thriving community. This evolution ensures that property values remain robust, providing a strong foundation for your investment.

An Inviting Space

Stepping into your future apartment, you’ll be welcomed by a spacious and airy living area of 49 m², designed to amplify natural light and enhance your living experience. The well-appointed bathroom and cozy bedroom ensure comfort and convenience for you or your guests, while modern air conditioning keeps the space fresh during the warmer months.

Imagine enjoying your morning coffee on the balcony, gazing at the endless blue of the sea, as the gentle breeze whispers through the palm trees—this is more than just a home; it’s a lifestyle.

Investment Potential: A Lucrative Opportunity

When it comes to real estate, location is everything. This apartment’s strategic placement in Igalo not only provides access to local attractions but also opens doors to lucrative rental opportunities. The property’s competitive price of 81 000€ offers a strong entry point into a flourishing market.

Calculating Your Returns

Let’s delve deeper into the potential financial rewards of this investment. The rental market in Igalo shows promising yields:

– **Summer Rentals:** With a high demand during tourist season, you can earn approximately 60€ per night for around 60 nights ((60€ x 60) = 3 600€).
– **Winter Rentals:** The demand remains steady, allowing for a rental rate of about 30€ per night for around 150 nights ((30€ x 150) = 4 500€).

This totals an impressive **annual rental income of approximately 8 100€** (calculated as follows):
Annual Rental Income = (60€ x 60) + (30€ x 150) = 3 600€ + 4 500€ = 8 100€.

To sum it up:
ROI = (8 100€ / 81 000€) x 100 = 10.95%.

With a projected return on investment of around 11%, this apartment isn’t just a place to live; it’s an intelligent financial decision that can enhance your portfolio.

Join a Thriving Community

By purchasing this charming apartment in Igalo, you are not only investing in a property but also becoming part of a beautiful coastal community rich in culture and opportunity. With every sunset viewed from your window, you’ll be reminded of the value of your investment—both in terms of lifestyle and financial gain.

Don’t miss your chance to own a slice of paradise. Explore this opportunity today and make a smart move towards a brighter, more prosperous future!