Apartment for Sale in Igalo, Herceg Novi

Your Perfect Investment Awaits in Igalo, Herceg Novi

If you’ve been dreaming of exploring real estate opportunities in the Mediterranean, look no further than this exceptional apartment in Igalo, Herceg Novi. With its ideal location, charming features, and impressive rental potential, this property is not just a home; it’s a gateway to a lifestyle that many only dream of.

Captivating Coastal Lifestyle

Imagine waking up to the gentle sound of waves lapping against the shore, with the sun casting a warm glow on your terrace. This is the everyday experience awaiting you in your new apartment, situated a mere 300 meters from the sparkling Adriatic Sea. Enjoy mornings filled with leisurely strolls along the beach, afternoons spent exploring charming cafés, and evenings indulging in delicious local cuisine at nearby restaurants.

The town of Herceg Novi is brimming with history and culture, boasting numerous points of interest. From the historic Savina Monastery to the stunning botanical gardens of the nearby Savina Winery, there is no shortage of attractions to entice you. In addition to its rich heritage, the area offers an array of modern amenities, making life here both convenient and enjoyable.

Thriving Community and Development

Igalo is not just a beautiful place to live; it is also a thriving community that is continuously evolving. Recent urban developments and investments in infrastructure are transforming this picturesque area into a hub of modern living. New shops, restaurants, and recreational facilities are emerging, providing both residents and visitors with ample opportunities to enjoy themselves.

Furthermore, Igalo is just a stone’s throw away from Herceg Novi’s vibrant town center. Enjoy the lively atmosphere of outdoor markets, cultural festivals, and seasonal events that bring the local community together. Whether you prefer leisurely beach days or engaging cultural experiences, you’ll find it all within reach.

Unmatched Rental Potential

For investors, this apartment offers exceptional return on investment (ROI) potential. The burgeoning tourism sector in Herceg Novi is driving demand for holiday rentals, making this property an attractive option for generating income. With the ability to accommodate families or groups of friends, your apartment can cater to a wide array of travelers seeking an unforgettable vacation.

To illustrate the potential profitability, consider this: if you successfully rent the apartment for 120 days in the bustling summer months at 100€ per night, you could earn 12 000€. In the quieter winter months, renting it for 180 days at 50€ per night would yield an additional 9 000€, bringing your total annual income to an impressive 21 000€.

ROI Analysis

Let’s break down the expected ROI from your investment:
– **Summer Income**: 100€ x 120 nights = 12 000€
– **Winter Income**: 50€ x 180 nights = 9 000€
– **Total Annual Income**: 21 000€

With a purchase price of 150 000€, we can easily calculate the ROI:
ROI = (Annual Income / Investment) * 100 = (21 000€ / 150 000€) * 100 = 14%.

This attractive ROI of 14% places this property squarely in the category of lucrative investments in one of Montenegro’s most sought-after locales.

Conclusion: Take the Leap

Owning this apartment in Igalo, Herceg Novi is more than just acquiring real estate; it’s investing in a lifestyle, a vibrant community, and a promising future. With both personal enjoyment and potential income opportunities, this property is a gem waiting to be uncovered. Don’t let this golden opportunity pass you by; contact us today and start your journey towards a rewarding investment in Montenegro!