Apartment for Sale in Igalo

Investment Paradise: Your New Home in Igalo

Are you searching for the perfect investment opportunity that combines serene living with strong financial returns? Look no further than this delightful one-bedroom apartment nestled in the picturesque village of Igalo, Herceg Novi. Just a stone’s throw from the stunning Adriatic coastline, this property offers not only a home but a gateway to a vibrant lifestyle and plentiful investment potential.

A Hidden Gem in the Heart of Herceg Novi

This charming 30 m² apartment offers an intimate and well-organized living space, featuring a cozy living room bathed in natural light, an inviting open kitchen perfect for culinary adventures, and a peaceful bedroom that promises restful nights. The modern bathroom and an extensive 37 m² patio provide additional elements of comfort and functionality. Imagine sipping your morning coffee surrounded by lush greenery or hosting evening gatherings with friends and family under the stars.

Local Development and Amenities

Igalo is not just about stunning beaches; it is a community on the rise. The area continues to see investment in local infrastructure, with improvements to roads, public spaces, and amenities. The neighborhood boasts a variety of shops, restaurants, and cafes, creating a lively atmosphere where you can explore local cuisine and culture. As Herceg Novi evolves, property values in the region are likely to rise, making this the perfect time to invest.

– **Proximity to Essential Services**: Grocery stores, hospitals, and educational institutions are just minutes away.
– **Cultural Experiences**: Enjoy events and festivities that celebrate the local heritage.
– **Natural Beauty**: With breathtaking landscapes and charming villages nearby, outdoor enthusiasts will find plenty of activities, from hiking to water sports.

Attractions Nearby

The allure of Igalo extends beyond its scenic beaches. Within a short distance, you can explore:

– **Tivat and Kotor**: These neighboring coastal towns are just a drive away, offering a rich history and breathtaking scenery.
– **Local Beaches**: Sandy shores and crystal-clear waters invite you for a day of relaxation or adventure.
– **Waterfront Promenade**: Stroll along the waterfront, indulging in local delicacies from various eateries that line the seafront.

Analysing Investment Returns

Investing in real estate, especially in appealing destinations such as Igalo, tends to yield impressive returns. This one-bedroom apartment, priced at a competitive 88 000€, stands as a testament to that potential.

With average rental rates oscillating between 500€ per month during the off-peak winter season and €1000 during the bustling summer months, you could enjoy a significant cash flow.

– **Projected Rental Income**:
– **Winter Months (8 months at 500€)**: 4 000€
– **Summer Months (4 months at 1 000€)**: 4 000€
– **Total Annual Rental Income**: 10 000€

ROI Analysis

Let’s break down the figures:
– **Annual Income**: 10 000€
– **Purchase Price**: 88 000€
– **Annual ROI** = (Annual Income / Purchase Price) * 100
= (10,000 / 88 000€) * 100 = 12.5%.

This remarkable return on investment highlights the advantageous nature of acquiring this property.

Conclusion

By investing in this enchanting apartment in Igalo, you’re not just securing a beautiful home; you are opening the door to a thriving investment opportunity in the Mediterranean. With a projected ROI of 12.5%, your financial future could flourish in this sought-after location. Don’t miss out on making this captivating property your own—step into your next adventure today!