Apartment for Sale in Igalo

Experience Coastal Living at Its Finest

When envisioning your perfect investment opportunity, consider the allure of coastal living. Nestled in the enchanting town of Igalo, Herceg Novi, this one-bedroom apartment is an oasis that combines comfort with a prime location, making it an excellent choice for investors seeking a piece of paradise.

The Allure of Igalo

Igalo is more than just a destination; it’s a lifestyle characterized by stunning beaches, vibrant culture, and a warm community. The 49 m² apartment is located a mere 700 meters from the glittering Adriatic Sea, giving residents easy access to the water for sun-soaked days and relaxing strolls along the coastline. Imagine waking up to the sound of waves gently crashing and the salty sea breeze filling your home—a true Mediterranean experience.

Neighborhood Highlights

The Gomila neighborhood is a thriving area packed with amenities and attractions that cater to both locals and tourists. Here’s a glimpse of what you can expect:

– **Local Cuisine**: Enjoy a diverse range of dining options, from charming seaside restaurants serving fresh seafood to cozy cafes perfect for a leisurely coffee break.
– **Outdoor Activities**: The area is a haven for outdoor enthusiasts. Whether it’s hiking in the nearby hills, swimming in the pristine waters, or exploring hidden coves, adventure awaits at your doorstep.
– **Cultural Touchpoints**: Igalo and Herceg Novi boast rich histories that can be explored through local museums, galleries, and traditional festivals. The vibrant culture adds depth to your investment, drawing tourists and creating a sense of community.

Strong Investment Potential

Investing in this apartment goes beyond just owning a property; it’s about capitalizing on a growing market. The price range of 77 000€ to 124 000€ makes it accessible to a diverse group of investors, be it first-time buyers or seasoned real estate moguls. As the demand for vacation rentals in Herceg Novi continues to rise, your investment is poised for appreciation.

Enumerable Benefits for Investors

Consider the following benefits of investing in this apartment:

– **Consistent Rental Income**: The dual-seasonal appeal allows for year-round rental opportunities.
– **High Demand Area**: With an increasing influx of tourists and a growing expat community, rental properties in the region are highly sought after.
– **Enhanced ROI**: Not only does the potential for rental income present a compelling case, but the appreciation of property values in this picturesque locale strengthens your investment portfolio.

Comprehensive ROI Analysis

To further highlight the financial prospects, let’s revisit the figures. If you secure this apartment at 77 000€ and successfully rent it out, you could anticipate:

– **Summer Months**: 800€/month for 6 months = 4 800€
– **Winter Months**: 400€/month for 6 months = 2 400€
– **Total Annual Rental Income**: 4 800€ + 2 400€ = 5 600€

Calculating your ROI:

– **Annual income**: 5 600€
– **Investment cost**: 77 000€
– **ROI**: (Annual Income / Investment Cost) x 100 = (5,600 / 77 000€) x 100 = 7.99%

This substantial return showcases the financial viability of your investment, along with the potential for even greater returns as the market continues to develop.

Conclusion: Your Gateway to Coastal Serenity

In conclusion, the one-bedroom apartment for sale in Igalo offers an attractive blend of lifestyle and economic opportunity, making it a smart investment choice. With potential ROI of 7.99%, a vibrant community, and endless opportunities for enjoyment and relaxation, this property allows you to be part of the breathtaking Adriatic experience. Seize the moment to invest in not just a property but a lifestyle—secure your piece of Igalo today!