House for Sale in Igalo

Explore the Heart of Igalo: Your Future Investment Awaits

If you’re seeking a property that blends charm, comfort, and incredible investment potential, look no further than this delightful stone house in the beautiful town of Igalo. Nestled in a vibrant coastal community, this home offers a unique opportunity that is sure to capture the attention of discerning investors.

Igalo: The Gem of Herceg Novi

Igalo is not just a location; it’s a lifestyle. Renowned for its stunning natural beauty, the area boasts azure waters, lush landscapes, and a climate that invites you to enjoy the outdoors year-round. Just a short stroll from the house will lead you to the beach, where the soothing sound of the waves meets the vibrant energy of sun-seekers and locals alike.

The town is also steeped in history, making it a fascinating place to call home. With the iconic historical landmarks nearby, such as the famous Monastery of Savina, and charming old streets lined with cafes and boutiques, Igalo offers a rich cultural tapestry.

Nearby Developments: A Flourishing Community

Recent developments in and around Igalo have transformed it into a hub of activity. The local government has invested in infrastructure improvements, enhancing road access and public amenities. This investment contributes to the area’s growing popularity, attracting tourists and new residents alike.

You’ll find an array of restaurants, shops, and recreational activities just a stone’s throw away. The thriving tourism industry in Herceg Novi ensures that there will always be a steady stream of guests looking for accommodations, making it a prime location for rental opportunities.

Exceptional Features of the Property

Beyond its idyllic location, the stone house itself encapsulates the allure of Mediterranean living. The layout is meticulously designed to maximize both comfort and livability. Here’s a closer look at what makes this property a gem:

– **Spacious Living Area**: The generous 102 m² space allows for comfortable family living or entertaining guests.
– **Three Well-Appointed Bedrooms**: Each bedroom is a sanctuary, perfect for relaxation after a day of exploring the coast.
– **Lush Garden**: The expansive yard offers a canvas for landscaping, gardening, or simply enjoying the sun with family and friends.
– **Parking Space**: Convenience is key, making room for both residents and visitors.

H3>Investment Merits: A Smart Financial Move

When it comes to investment, this property stands out not only for its immediate appeal but also for long-term financial viability. The combination of location, features, and the booming rental market translates to promising returns on your investment.

Exploring ROI: Calculating Your Gains

The potential income from this property is highly encouraging. With the summer months drawing in higher rates, let’s dive further into the numbers:

– **Summer Rentals**: Securing an average rate of 100€/night for 60 days yields 6 000€.
– **Winter Rentals**: A more modest 50€/night for 90 days brings in an additional 4 500€.

Your estimated annual income stands at 8 500€, maintaining a sustainable and lucrative investment strategy.

ROI Breakdown

Here’s how it shapes up:

– Potential Income: 8 500€
– Purchase Price: 253 000€
– ROI Calculation: (8 500€ ÷ 253 000€) × 100 = 3.70%

Your Next Steps

Investing in this stone house in Igalo is more than just purchasing a property; it’s securing a slice of paradise that promises enjoyment and financial growth. The appealing features, coupled with a robust local economy, place you in a commanding position for success. Whether you dream of retreating to a serene sanctuary or capitalizing on a thriving rental market, this home is your gateway.

Don’t let this exceptional opportunity pass you by. Embrace the charm of Igalo and take the first step towards securing a profitable investment today!