Spacious Apartment in Igalo

Investment Haven: The Allure of Igalo

In the mesmerizing coastal town of Igalo, nestled along the sparkling Adriatic Sea, lies an investment opportunity that is both inviting and lucrative. This stunning three-bedroom duplex apartment is perfectly engineered for those eyeing a profitable venture in the booming real estate market of Herceg Novi. With its prime location, modern amenities, and lush surroundings, this property stands out as a beacon for savvy investors.

Modern Design Meets Coastal Charm

Picture yourself strolling into a home that seamlessly blends contemporary design with coastal elegance. This spacious 110 m2 duplex apartment has been meticulously crafted to provide comfort and style. Each of the three bedrooms is designed to be a sanctuary, decorated to offer a tranquil retreat after a fulfilling day by the sea. The two modern bathrooms boast sleek fixtures, ensuring a touch of luxury amidst a relaxed seaside atmosphere.

Imagine the joy of hosting family gatherings in a bright, airy living space that opens up to views of the picturesque landscape. Natural light floods the interior, creating a warm ambiance that invites relaxation and socializing.

Unbeatable Location: A Gateway to Enjoyment

When it comes to real estate, location is everything. This property is more than just a home; it’s situated just a heartbeat away from the renowned Instituto Igalo—a haven for wellness and health enthusiasts. The benefits of living this close to such facilities are endless: easy access to health treatments, a vibrant community, and the opportunity to engage with like-minded individuals seeking a balanced lifestyle.

If you seek culinary experiences, Igalo offers a delightful array of local restaurants featuring traditional Montenegrin cuisine alongside international dining options. Picture enjoying fresh seafood while gazing at picturesque sunsets over the Adriatic Sea, an experience that will enhance the allure of owning this stellar duplex.

Leverage the Investment Potential

Investing in real estate is like planting a seed that promises growth. The demand for rental properties continues to surge in Herceg Novi, making this apartment a treasure trove of potential returns. With both summer tourists and winter travelers flocking to this beautiful region, your investment can generate consistent income year-round.

To illustrate its attractive financial prospects, let’s consider some numbers. If we project a rental rate of €1000 per month during the summer season (six months) and 500€ during the winter months, you are looking at a remarkable total annual income of 12 000€. After deducting property management fees estimated at 10%, your net income stands at 10 800€.

Now, considering the property price of 150 000€, the ROI calculation is straightforward:

ROI = (Net Income / Property Price) × 100 = (10,800 / 150,000) × 100 = 7.2%

A promising 7.2% ROI is indicative of an exciting opportunity to expand your financial portfolio while enjoying the famous Mediterranean lifestyle.

Community and Culture: More Than Just a Property

The beauty of Igalo extends beyond the stunning landscapes and azure waters. The community is vibrant and welcoming, often hosting cultural events, festivals, and markets that allow residents and visitors alike to connect with the essence of Montenegrin culture. Whether you’re exploring art galleries, attending music festivals, or engaging in local sports, there is always something happening that fosters a sense of belonging.

Investing in this property means more than just acquiring an apartment; it offers a lifestyle enriched with connections, culture, and an invigorating sense of adventure. Residents frequently enjoy leisurely walks along the beach promenade, discovering quaint shops, or indulging in wellness treatments at nearby facilities.

As you contemplate this investment, remember that the picturesque backdrop of Igalo provides not only a community but a vibrant backdrop for a life well-lived. Whether you want a personal getaway or a profitable rental income, this apartment captures the essence of what it means to embrace the coastal lifestyle in Montenegro.

Don’t let this golden opportunity pass by. Allow yourself the chance to secure this gem and potentially reshape your future with a wise investment today. Contact us to arrange a viewing and step closer to making your real estate dreams a tangible reality.