One-Bedroom Apartment in Igalo

Explore the Beauty of Igalo: A Prime Investment Destination

Imagine waking up every morning to the soothing sound of waves lapping against the shore and the sun casting golden rays across the Adriatic Sea. This is the lifestyle that awaits you with the purchase of this stunning one-bedroom apartment in Igalo, Herceg Novi. Not only is this property a beautiful retreat, but it also represents a golden investment opportunity in one of the most sought-after coastal locations in Montenegro.

Vibrant Community and Surrounding Development

Igalo is not just a place to live; it’s a thriving community filled with life and excitement. Over the years, this charming seaside town has witnessed significant development, offering residents and tourists alike a plethora of amenities. You’ll find a wide array of restaurants serving delicious local cuisine, cozy cafes perfect for enjoying a cup of coffee while soaking up the sun, and boutique shops featuring unique local crafts.

Furthermore, the area is known for its health and wellness facilities, including renowned spas and wellness centers that take advantage of the region’s natural resources. The famous Igalo Institute, specializing in rehabilitation and wellness, attracts visitors seeking relaxation and healing.

Outstanding Points of Interest

The allure of Igalo lies not just in its remarkable coastline but also in its proximity to various cultural and historical landmarks. Just a short stroll from your apartment, you will find:

– **Herceg Novi Old Town**: A charming labyrinth of cobbled streets, ancient fortifications, and historical monuments that tell the story of the region’s rich past.
– **Savina Monastery**: A beautiful 18th-century monastery perched on a hilltop, offering stunning views and a peaceful atmosphere.
– **Local Markets**: Experience the vibrant local culture by visiting weekly markets filled with fresh produce, artisanal goods, and traditional crafts.

Living in Igalo places you at the heart of these attractions, making it not only a beautiful residence but also a strategic location for tourists visiting the area.

Exceptional Return on Investment

Investing in this one-bedroom apartment in Igalo is a decision that promises rewarding returns. With the vibrant tourist influx during the summer months, the demand for rental properties is consistently high. Given the purchase price of 176 000€ and a projected rental income of 1 000€ per week during peak season, your investment can flourish.

Detailed ROI Analysis

Let’s break down the financials further. With an estimated peak rental season of 12 weeks, your potential annual rental income could be as much as 12 000€. After accounting for maintenance and management costs, generally around 20%, your net income would amount to approximately 9 600€.

Calculating the ROI:

ROI = (Net Income / Property Price) x 100 = (9 600€ / 176 000€) x 100 = 6%.

This consistent 6% annual return on investment reflects not only the desirability of this property but also the potential for property appreciation in a rapidly developing area.

Why This Apartment is the Opportunity You’ve Been Waiting For

Owning this one-bedroom apartment in Igalo combines comfort, beauty, and financial success. Picture yourself enjoying evenings on your terrace, savoring the stunning sea views, while simultaneously securing a promising investment. It’s more than just a property; it’s a gateway to a lifestyle where relaxation meets opportunity.

In conclusion, whether you are looking for a personal oasis or a strategic investment that provides stable returns, this apartment is a unique offering in a vibrant and growing location. Don’t miss out on this chance to own a piece of paradise in Igalo!