Apartment for Sale in Igalo

Exploring the Charms of Igalo: Your Next Investment Opportunity

Nestled along the serene coastline of Montenegro, the picturesque town of Igalo offers not just a home, but a lifestyle infused with sun-soaked beaches and vibrant culture. This luxurious 1-bedroom apartment is an exceptional find, perfectly positioned just a stone’s throw away from the sparkling Adriatic Sea. Imagine waking up to the gentle sound of waves and a breathtaking view every morning, all while knowing that your investment continues to appreciate over time.

A Growing Community

Igalo is more than just a holiday destination; it’s a community on the rise. In recent years, the area has seen significant development, with new amenities and infrastructure enhancing the living experience. Residents and tourists alike benefit from a variety of local shops, delightful cafes, and fine dining establishments that make the most of fresh, local ingredients. The investment in public services and facilities, such as parks and recreational areas, ensures that Igalo remains an attractive location for both long-term residents and seasonal visitors.

Top Attractions Nearby

The location of this apartment makes it ideal for those looking to explore all that the region has to offer. Here are just a few of the attractions you’ll find within easy reach:

– **Historical Heritage**: Discover the rich history of Herceg Novi with its charming old town, dotted with ancient fortresses, churches, and cultural sites.
– **Natural Wonders**: The stunning landscapes of Montenegro are inviting for outdoor enthusiasts, making hiking, kayaking, or simply strolling along the waterfront enjoyable activities.
– **Wellness and Relaxation**: Igalo is renowned for its wellness centers, where you can indulge in rejuvenating treatments and therapies inspired by the healing properties of the sea.

A Promising Future for Investors

The real estate market in Herceg Novi is on an upward trajectory, making this apartment an ideal option for savvy investors. With its competitive pricing and the potential for both rental income and property appreciation, it represents a smart choice for those looking to diversify their investment portfolio.

Attractive Rental Opportunities

In addition to the beauty and comfort of the apartment itself, the potential for generating income is substantial. With rising tourism in Igalo, investors can expect strong rental demand. Consider this potential:

– **Peak Season**: During the summer months, you can expect rental income of approximately 100€ per night for 60 days, leading to a lucrative summer income.
– **Off-Peak Season**: Even outside peak times, you can generate revenue with rentals averaging 50€ per night for 90 days.

Altogether, the estimated annual rental income could reach an impressive 10 500€, providing a solid foundation for your investment’s profitability.

ROI Calculation Explained

Understanding your return on investment is crucial. Here’s the simple breakdown:

Total Investment: 97 000€
Annual Rental Income: 10 500€
ROI = (Annual Income / Total Investment) x 100 = (10,500 / 97 000€) x 100 = 11.88%

This calculated return explicitly showcases the attractiveness of this property as a financial venture.

A Piece of Paradise Awaits