House for Sale in Igalo

Invest in Your Dream Home: A Golden Opportunity in Igalo

Imagine waking up every morning to the sound of gentle waves lapping against the shore, the scent of sea breeze wafting through open windows, and uninterrupted views of the stunning Adriatic coastline. This dream can become your reality with the purchase of a magnificent 6-bedroom house in Igalo, Herceg Novi. Priced attractively at 275 000€, this property promises not just a beautiful home but a remarkable investment opportunity.

Serene Surroundings and Exquisite Location

Nestled in the charming village of Igalo, this house is ideally situated just 700 meters from the inviting beaches of the Adriatic Sea. The surrounding area is a mix of vibrant culture, historical sites, and natural beauty. Take a stroll down the promenade, where you’ll find a plethora of cafés, restaurants, and boutique shops. Indulge in the local cuisine that showcases the freshest seafood or relax in one of the many beachside lounges.

Nearby, discover the beautiful historic towns of Herceg Novi and Kotor, both rich in heritage. Herceg Novi, with its stunning fortresses, charming old town, and lush botanical gardens, is a short distance away. Kotor, a UNESCO World Heritage Site, offers breathtaking fjord-like scenery and captivating medieval architecture. These attractions not only enrich your lifestyle but also serve as compelling draws for tourists looking to explore the charm of Montenegro.

Unparalleled Living Space

The architecture of this house is thoughtfully designed for both comfort and functionality. Spanning three levels, it offers a generous 165 m² of residential space. On the ground floor, a warm entrance leads to a fully equipped kitchen with a dining area—perfect for gatherings or festive dinners. This level also includes three spacious bedrooms that provide a restful retreat.

Ascend to the first floor and discover an inviting living room with an airy, open kitchen that invites interaction. A cozy bedroom and a magnificent terrace beckon you to unwind with friends or family as you soak in the panoramic sea views. The top level mirrors the first, featuring another three well-sized bedrooms and yet another large terrace, making it an ideal space for relaxation or entertainment.

Endless Opportunities for Rental Income

For investors, the potential for lucrative rental income is a significant advantage. The vibrant tourism market in Montenegro remains strong, particularly in coastal areas. This property can easily cater to both summer and winter visitors.

During the peak summer months, it’s possible to earn an average of 1 500€ per week for 12 weeks. Transitioning into winter, the property can generate around 800€ per month for an additional six months, targeting long-term renters or those seeking a winter escape in a mild climate.

ROI Analysis for House in Igalo

Let’s break down the figures for clarity:

Potential Annual Income:
– Summer rental income: 1 500€/week x 12 weeks = 18 000€
– Winter rental income: 800€/month x 6 months = 4 800€
– Total Annual Income: 24 800€

ROI Calculation:
– Total Investment: 275 000€
– ROI: (24 800€ / 275 000€) x 100 = 9.92% annually.

With a potential ROI of 9.92%, investing in this property isn’t just about acquiring a house; it’s about securing a profitable financial future while enjoying a lifestyle surrounded by unparalleled natural beauty.

A Perfect Blend of Comfort and Profit

This 6-bedroom house in Igalo stands as an exceptional opportunity for both personal enjoyment and smart investment. With spacious interiors, breathtaking views, and a prime location, it’s an absolute gem. Whether you envision it as your family home or a lucrative rental venture, the possibilities are endless.

Don’t let this chance slip away! Seize the opportunity to own a piece of Montenegro’s enchanting coast and create your delightful oasis in Igalo today!