Apartment for Sale in Igalo, Herceg Novi

Discover Your Coastal Haven in Igalo, Herceg Novi

Investing in property by the sea is akin to planting a tree that bears fruits for years to come. This charming apartment in Igalo, Herceg Novi, is that tree—set in a region brimming with promise and potential. With breathtaking views and a vibrant local culture surrounding it, this apartment is not just a purchase; it’s an opportunity to embrace a lifestyle filled with sunshine and tranquility.

A Gem in a Flourishing Community

Igalo is a quaint coastal town that has captured the hearts of many. Its prime location—just 10 meters from the pristine Adriatic Sea—makes it an attractive destination for tourists and investors alike. The town is continuously evolving, with new developments and amenities popping up that enhance the quality of life for residents and visitors.

– **Cafés and Restaurants:** Savor the local cuisine at charming cafés and restaurants that dot the coastline.
– **Wellness Retreats:** Igalo is famous for its spas and wellness centers, drawing those seeking relaxation and rejuvenation.
– **Cultural Events:** Experience the vibrant culture through local festivals, art exhibitions, and music performances that take place throughout the year.

One cannot forget the extraordinary natural beauty that surrounds you, with breathtaking mountains and the sparkling sea providing a picturesque backdrop that enhances your living experience.

Exploration and Activities at Your Doorstep

Living in this picturesque apartment allows for a truly enriching lifestyle. Here are just a few activities that await you right outside your door:

1. **Water Sports:** Dive into adventure with options for kayaking, sailing, and snorkeling in the clear waters of the Adriatic.
2. **Hiking Trails:** Explore miles of scenic hiking trails that wind through the surrounding hills, offering stunning views and fresh air.
3. **Local Markets:** Enjoy fresh produce and handmade crafts from local markets, where you can immerse yourself in the authenticity of Montenegrin culture.

This is not merely an investment in property; it is an investment in a lifestyle that embraces adventure and relaxation.

Stable Investment with Promising Returns

The strategic location of this apartment in Herceg Novi places it in the heart of a tourism hotspot, ensuring a constant influx of visitors. With an average summer rental price of 50€ per night, the opportunity for profitability is robust. Let’s break down the financial rewards further.

Maximizing Your Investment

– **Rental Income:** With an estimation of 60 rental days during the peak summer season, you could see a potential income of 3 000€.
– **Expenses:** Account for approximately 600€ in annual costs for maintenance and utilities.

To calculate the net income, we apply the formula:
Net Income = 3 000€ – 600€ = 2 400€

Finally, to understand your return on investment:

ROI Calculation

ROI = (Net Income / Property Price) * 100
ROI = (2 400€ / 76 000€) * 100 ≈ 3.48%

Conclusion: Your Future Awaits

With an estimated ROI of approximately 3.48%, this property not only represents a comfortable living space but also a smart investment in one of Montenegro’s prime coastal locations. Immerse yourself in the Adriatic experience and let your investment flourish in a thriving community filled with life and opportunity. Don’t let this chance slip away; the coastal life you desire awaits you in Igalo, Herceg Novi.