House for Sale in Igalo

Invest in Your Dream Coastal Home in Igalo

Imagine owning a piece of paradise just 250 meters from the crystal-clear waters of the Adriatic Sea. This charming stone house in Igalo, Herceg Novi, is more than just a property; it’s a canvas for your dreams and aspirations. With its 102 m² spread over two stories, this house sets the stage for a beautiful retreat, complete with 4 bedrooms and 2 bathrooms.

Endless Possibilities Await

Upon entering, you’ll be greeted by a warm and inviting hallway that leads you to various spaces filled with potential. The layout includes a spacious bedroom with an en-suite bathroom, providing convenience and privacy. The cozy kitchen with a dining area invites culinary creativity, while the upper floor awaits your personal touch, featuring three additional bedrooms. The attic, currently in the gray phase, beckons for your imagination to transform it into a loft-like space, a home office, or an artist’s sanctuary.

Transform the Outdoors

Step outside into the cascading yard, where nature’s beauty surrounds you. This outdoor SPACE is a blank slate ripe for development, with the potential to add a stunning swimming pool that becomes a centerpiece for relaxation and entertainment. Picture sunny afternoons spent poolside with family and friends, or intimate evening gatherings under the stars. Your south-facing orientation not only welcomes the sun’s warm embrace but also offers partial sea views that remind you of the vacation vibe year-round.

Local Development and Community Growth

Igalo is not just a beautiful coastline; it’s a community that is steadily growing. Recent developments in the area, including new cafes, restaurants, and recreational spaces, are enhancing its charm and accessibility. The local market is flourishing, driven by increasing tourism and demand for vacation rentals. This is a transformation moment, where your investment can benefit from the community’s revitalization. Imagine being part of a burgeoning locale that promises a vibrant lifestyle with opportunities for social engagements and exploration.

A Prime Investment Opportunity

This property is an excellent choice for both a family home and a vacation rental investment. With a thriving rental market, potential owners can tap into lucrative income streams. This investment doesn’t just represent a property; it’s a chance to secure a financial future in a prime location.

Cash Flow Insights

Considering the rental potential, let’s delve deeper into your future income. The estimated rental income for the high-demand summer months can reach around 1 500€/month, while winter rentals are projected at about 800€/month. Here’s a breakdown of the financial forecast:

• Summer Rentals (5 months): 1 500€ x 5 = 7 500€


• Winter Rentals (7 months): 800€ x 7 = 5 600€

Combining these figures gives you an annual income of 13 100€. When we compare this with the investment cost of 253 000€, the return on investment (ROI) can be calculated as follows:

ROI Calculation Breakdown

Annual Income: (7 500€ + 5 600€) = 13 100€
Investment Cost: 253 000€
Estimated ROI = (Annual Income / Investment Cost) x 100 = (13 100€ / 253 000€) x 100 ≈ 5.7%

Your Next Steps

Seize this opportunity to own a charming house in the heart of Igalo. Whether you’re an investor seeking to reinvigorate a property or a family wanting to create lasting memories by the sea, this house offers incredible potential. The estimated ROI of 5.7% proves its viability as a long-term investment. The dream of coastal living is calling—don’t let it pass you by! Explore the possibilities today and turn this house into your coastal retreat.