House for Sale in Igalo

Explore the Investment Opportunity in Igalo

Nestled in the picturesque coastal town of Igalo, Herceg Novi, this remarkable house for sale stands as a dream for both homeowners and savvy investors. With its impressive architectonic design and prime location, this 8-bedroom, 6-bathroom property is a rare find that seamlessly combines elegance, functionality, and potential profit.

A Perfect Location for Relaxation and Adventure

Located just 350 meters from the mesmerizing shores of the Adriatic Sea, this house is perfectly situated for those who love the sun, sea, and sand. Imagine enjoying your morning coffee on one of the 12 spacious terraces, basking in the Mediterranean sun, or taking leisurely strolls to the beach and the vibrant Pet Danica promenade. The area thrives with a variety of restaurants, cafes, and local shops, ensuring that every day can be filled with delightful experiences.

Community and Development Around Igalo

The charm of Igalo is enhanced by an array of points of interest. The remarkable health and wellness facilities, known for their therapeutic properties, attract visitors from around the world, increasing the demand for rental properties. Moreover, the ongoing development in the area, including improved infrastructure and enhanced public amenities, is anticipated to boost property values significantly.

The allure of Herceg Novi extends beyond its natural beauty. This thriving coastal town features historical landmarks, cultural festivals, and a robust calendar of events. The famous Herceg Novi Fortress and the beautiful beaches draw tourists year-round, transforming Igalo into a sought-after destination and ensuring an influx of rental opportunities.

Investment Potential and Analysis

This stunning property is not just a beautiful home; it is a strategic investment position. The increasing demand for rentals in this desirable location presents a phenomenal opportunity for generating substantial income. By capitalizing on the property’s layout, which features separate living units, investors can maximize their returns while providing guests with a comfortable vacation experience.

Investing in this property stands to offer a promising ROI, particularly during peak seasons. With an estimated rental income potential, one can see how the numbers translate into a solid financial venture.

Understanding Rental Income

– **Summer Season** (3 months):
– Rental price: 200€/night
– Estimated occupancy: 70%
– Total summer income: 90 days x 200€ x 0.7 = 12 600€

– **Winter Season** (6 months):
– Rental price: 80€/night
– Estimated occupancy: 70%
– Total winter income: 180 days x 80€ x 0.7 = 10 080€

The summed potential annual rental income of 22 680€ provides a compelling reason to invest in this property.

The Investment’s Financial Overview

The investment cost for this beautiful property is 1 210 000€, which leads to an annual ROI of 2.06% based on the outlined rental income. This modest return still reflects a stable opportunity for growth, especially as the real estate market in Igalo continues to gain traction.

Conclusion: A Worthwhile Investment

In summary, this house for sale in Igalo is more than just a place to live; it represents a golden chance for investors looking to enter a flourishing market. With its splendid location, potential for rental income, and close-knit community, this property is poised to generate not only financial returns but also a delightful lifestyle. Don’t miss out on this extraordinary investment opportunity—take action today to secure your future and bask in the Mediterranean allure of Igalo!