House in Igalo

Explore the Investment Potential of a Beautiful Home in Igalo

Nestled within the stunning landscapes of the Montenegrin coastline, this charming 3-bedroom house in Igalo is not just a property; it’s an investment in lifestyle and a gateway to potential. Offering a perfect blend of comfort and accessibility, this home is ideal for families, vacationers, or investors looking to capitalize on a growing market.

Location: A Coastal Gem

Imagine waking up to the sound of waves gently lapping against the shore, just a stone’s throw away from your front door. Located only 400 meters from the beach, this residence offers unrivaled access to the sparkling Adriatic Sea. The surrounding area is vibrant with life; quaint shops, cozy cafes, and an array of restaurants tantalize the senses and beckon you to explore. The cultural richness of Herceg Novi is just a short 10-minute drive away, providing both convenience and a touch of urban flair.

Property Features

The main house provides a total of 52 m² of thoughtfully designed living space, ideal for relaxation or entertaining. Key features include:

– A welcoming living room that invites warmth and comfort
– A fully equipped kitchen, perfect for whipping up local delicacies
– Two spacious bedrooms that promise restful nights
– A well-appointed bathroom
– Two terraces where you can savor morning coffee or evening sunsets

Additionally, the property boasts a one-bedroom apartment of 35 m², ideal for guests or as a lucrative rental space. The generous plot of 358 m² includes dedicated parking that adds to the convenience, making this property practical for both personal use and investment strategies.

Investment Insights: A Smart Financial Choice

Purchasing this house for 440 000€ opens doors to a river of opportunities. The real estate market in Igalo is thriving, driven by the allure of the Mediterranean lifestyle. This home not only serves as a retreat but as a financial asset with noteworthy potential for rental income.

Consider the following financial projections based on the local rental market:

– **Summer Rental Income:** Average 1 200€/month
– **Winter Rental Income:** Average 600€/month

With these figures, annual rental income could reach up to 15 600€, creating a powerful return on your investment. The calculation for ROI (Return on Investment) is clear:

ROI = (Annual Income / Investment) * 100
ROI = (15 600€ / 440 000€) * 100 = 3.9%

This healthy 3.9% annual return on investment illustrates that your purchase is not just a dream home—it’s a smart financial strategy.

Local Development: Growth on the Horizon

The future looks bright for Igalo. As development continues in the region, property values are increasing, and investment in local infrastructure promises greater accessibility and amenities. The charm of traditional coastal culture, combined with modern developments, means that this area is poised for growth.

The allure of Igalo as a destination is undeniable, drawing both local and international visitors year-round. With its breathtaking scenery and a robust tourist economy, owning property in this location is not only a delightful experience but a strategic investment for the future.

Seize the Opportunity

Don’t let this chance slip away! Owning a property in Igalo means embracing a lifestyle of sun, sea, and serenity, while simultaneously reaping the financial benefits of a sound investment. Whether you are looking to create a vacation haven or to build your rental portfolio, this charming house is waiting for you.