House for Sale in Igalo

Your Ideal Investment Awaits in Igalo

If you are searching for an investment that harmoniously combines comfort and potential, look no further than this exquisite family house in the picturesque locale of Igalo, Herceg Novi. With a spacious living area of 176 m² on a generous 340 m² lot, this property is a perfect canvas for both personal adaptation and commercial opportunity.

Community Growth and Development

Nestled in a thriving area, Igalo is witnessing significant development that promises to enhance property value over time. The local government has initiated various projects, including improved transport links, parks, and recreational spaces that will not only beautify the community but also attract more visitors and potential renters. As the area develops, the allure of Igalo as a vacation destination will only increase, resulting in heightened demand for rental properties.

Points of Interest Nearby

One of the many perks of this location is its proximity to various attractions:

– **Beaches**: With the azure Adriatic Sea just 1000 meters away, you are close to several stunning beaches like Plaza Igalo, ideal for sunbathing or water sports.
– **Restaurants and Cafés**: Igalo offers a diverse culinary scene, from quaint local diners to elegant waterfront restaurants, allowing you to savor delicious Mediterranean cuisine.
– **Health Tourism**: Known for its therapeutic mud and sea baths, the region attracts wellness tourism that can provide additional revenue opportunities for rentals in the area.
– **Cultural Sites**: Herceg Novi features historical fortifications and charming old town streets, enriching the visitor experience with a taste of the region’s vibrant heritage.

The appeal of these nearby attractions makes this property even more enticing for prospective renters seeking both relaxation and adventure.

Investment Analysis and Future Prospects

As you consider this property, it’s essential to recognize its potential for profit. The location’s popularity and the rising trend of vacation rentals make it an attractive investment opportunity.

Consider the average rental market for properties like this:

– **Peak Season (June to September)**: Rentals could reach approximately 1 200€ per month
– **Off-Peak Season (December to March)**: Expect around 600€ per month

This allows for a lucrative annual projection:

Calculation:
– Summer Income: 1 200€ × 4 = 4 800€
– Winter Income: 600€ × 3 = 1 800€
– Total Annual Rental Income: 6 600€

Given the investment cost of 242 000€, the simple calculation of ROI paints a promising picture:

ROI Evaluation:
– Annual Rental Income: 6 600€
– Investment Cost: 242 000€
– Approximate ROI: 3% annually

Such a return, coupled with property appreciation as the area continues to develop, signifies a sound investment.

Conclusion: A Dream Home and Investment Reloaded

This charming family home not only serves as your ideal escape but also stands as a robust investment opportunity. Imagine mornings spent sipping coffee while gazing at the stunning coastline and evenings immersed in the fascinating local culture. Whether you are ready to make this your next family haven or an investment venture that generates income, seize this unique opportunity in Igalo.

Don’t let this remarkable chance slip away—contact us today to embark on your journey towards ownership and profitability!