2-Bedroom Apartment in Igalo

Explore the Charm and Potential of Igalo

Located just 400 meters from the breathtaking Adriatic Sea, the 2-bedroom apartment in Igalo is more than just a property; it’s an invitation to embrace a lifestyle that many dream of. A fusion of modern living with the allure of coastal charm, this apartment offers an opportunity for both personal enjoyment and financial gain that is hard to resist.

Immersed in Natural Beauty

The picturesque town of Igalo, part of Herceg Novi, is renowned for its stunning coastal views, lush greenery, and welcoming ambiance. Imagine waking up to the gentle sounds of waves lapping against the shore and stepping out for a morning stroll along the sandy beaches. The nearby promenades are adorned with charming cafes and bustling markets, making it a perfect gateway for those who love the vibrancy of coastal life.

– **Nearby Attractions**:
– Just a short walk away, you’ll find the renowned Health and Wellness Center, celebrated for its therapeutic treatments and rejuvenating experiences.
– Historic landmarks, such as the iconic Forte Mare, provide a glimpse into the rich heritage of the region.
– Outdoor enthusiasts can savor hiking trails offering panoramic views of the Bay of Kotor and beyond.

As an investor, you’ll appreciate that Igalo not only draws tourists for its beautiful beaches but also attracts health tourists seeking wellness treatments, ensuring a steady stream of potential renters.

A Thriving Community

Igalo boasts a vibrant community that thrives on tourism, hospitality, and local culture. Numerous festivals and events take place throughout the year, enhancing the quality of life and creating an appealing environment for both visitors and residents alike. The warm hospitality of the locals makes it an inviting place for newcomers, fostering a sense of belonging and community.

Additionally, the area is undergoing significant development with improvements to infrastructure, including new restaurants, cafes, and shopping facilities, all within a short distance from the apartment. These enhancements not only add to the charm of Igalo but also bolster property values over time.

Analyzing Your Investment Potential

When evaluating this opportunity, consider the growing demand for rental properties in Igalo. With the surge of interest from international buyers and the influx of tourists, rental rates are expected to continue rising, making now the ideal time to invest.

– **Rental Income Opportunities**:
– Summer rentals can easily reach 1 000€/month, particularly during peak tourist season.
– Off-season, the apartment can still generate income through platforms like Airbnb, with potential earnings of 300€/month.

ROI Estimation Breakdown

Investing in this apartment represents not just a place to stay, but a smart financial decision with tangible benefits. Here’s a closer look at your return on investment:

– **Annual Income Calculation**:
– Summer Rentals: 6 000€ (6 months at 1 000€)
– Winter Rentals: 3 600€ (12 months at 300€)
– **Total Annual Return**: 9 600€

ROI Calculation:
Investment: 171 000€

Annual Return: 9 600€

Return Percentage: (9 600€ / 171 000€) * 100 = 6.19%

In conclusion, the 2-bedroom apartment in Igalo is not merely a property—it’s an opportunity to secure your financial future while enjoying a piece of paradise. With an attractive ROI of 6.19% and the potential for consistent rental income in an area poised for growth, this investment is one that savvy investors cannot afford to overlook. Don’t wait; take the first step towards owning a slice of this coastal haven and reaping the benefits that come with it!