Spacious Apartment in Igalo, Herceg Novi

Introduction to a Coastal Lifestyle

Nestled in the charming district of Igalo, Herceg Novi, this generously sized apartment presents not just a living space, but a gateway to a vibrant lifestyle infused with coastal beauty. Imagine waking up each morning to the soothing sounds of waves lapping at the shore, with the stunning Adriatic Sea just a stone’s throw away. The harmonious blend of sun-drenched days and picturesque sunsets creates a living experience that transcends the ordinary.

Neighborhood Development and Local Attractions

The area surrounding this property is experiencing a remarkable transformation, making it an even more appealing destination for investors and residents alike. Herceg Novi, known for its rich history and cultural experiences, boasts a range of amenities and attractions. From quaint cafes and restaurants offering delectable local cuisine to vibrant markets brimming with fresh produce, everything you need is within close reach.

– **Health and Wellness:** The nearby wellness centers and spas provide the perfect retreat for relaxation, ensuring that you can unwind after a long day.
– **Recreational Activities:** With pristine beaches and hiking trails at your fingertips, outdoor enthusiasts will find numerous ways to connect with nature. Activities such as snorkeling, sailing, and cycling are just a few options that highlight the allure of this coastal paradise.
– **Cultural Delights:** The region is rich in history, with charming old towns and cultural festivals that celebrate local traditions, offering plenty of opportunities for exploration and enjoyment.

Exceptional Apartment Features

This apartment is designed for both comfort and practicality. With seven spacious rooms, it caters to families seeking a home or provides ample space for vacation rentals, allowing guests to enjoy the same luxurious experience.

– **Inviting Terraces:** Enjoy leisurely mornings or romantic evenings on two delightful terraces, where the melodious sounds of the ocean become the soundtrack to your life.
– **Modern Conveniences:** The two stylish bathrooms ensure that comfort is prioritized, accommodating both family needs and guests.
– **Private Yard:** The addition of a private yard enhances the outdoor living experience, providing a perfect spot for gatherings or relaxation under the Mediterranean sun.

Investment Potential: A Growing Market

The real estate market beckons with opportunities that cannot be overlooked. As more tourists flock to Herceg Novi and demand for quality accommodations rises, properties like this one stand out as prime investment options. With its desirable location and features, this apartment is not merely a home—it’s an investment in your future.

Detailed Rentability Assessment

Financial considerations are essential for any investor. This apartment’s proximity to the sea positions it perfectly for both short-term vacation rentals and long-term leasing, promising a steady flow of income year-round.

ROI Calculation Explained

Based on an estimated annual rental income of 15 000€, derived from seasonal demand and rental rates reaching approximately 1 250€ per month during peak months, we can assess your investment’s return. If we assume an initial cost of 200 000€, your calculation would be:

ROI = (Annual Income / Investment) x 100% = (15 000€ / 200 000€) x 100% = 7.5%.

Conclusion: A Smart Choice for Investors

With the increasing interest in vacation rentals in the Adriatic region, you can rest assured knowing that this property offers a compelling ROI of about 7.5%. Embrace the opportunity to secure your future while indulging in the tranquility and beauty of coastal living. Investing in this spacious apartment in Igalo isn’t just a purchase; it’s a decision to enhance your lifestyle and financial portfolio. Don’t miss out on the chance to own this slice of paradise!