Three-Bedroom Apartment in Igalo

Explore the Allure of Igalo: A Prime Investment Opportunity

In the charming coastal town of Igalo, Herceg Novi, a hidden gem awaits your discovery. This three-bedroom apartment is far more than just a living space; it’s an enticing opportunity wrapped in the beauty of the Adriatic Riviera. With its breathtaking sea views and spacious interiors, this property promises a lifestyle of comfort and elegance, while also positioning itself as a lucrative investment.

Surrounding Development and Community

Igalo is undergoing exciting developments that make it a flourishing community for residents and investors alike. With recent infrastructure improvements and an increase in tourism, the region has become a hotspot for potential growth. The local government is investing in amenities such as parks, leisure facilities, and cultural events, enhancing the overall appeal of the area.

Imagine strolling along the waterfront promenade, where vibrant markets and delightful cafes invite you to experience the local culture. From historical sites such as the Igalo Healing Institute, renowned for its therapeutic treatments, to charming beach clubs and scenic hiking trails, there is no shortage of activities.

Points of Interest Nearby

– **Beaches:** The pristine beaches of Igalo are just a stone’s throw away, providing the perfect background for sunbathing, swimming, and water sports.
– **Restaurants and Cafés:** A variety of local eateries serve delicious Mediterranean cuisine, showcasing the freshest seafood and regional specialties.
– **Cultural Hotspots:** The town is steeped in history, with nearby Fortica Fortress and the UNESCO World Heritage site of Kotor within driving distance.
– **Health and Wellness:** With its rich history in wellness tourism, Igalo offers plenty of spa amenities and wellness retreats, appealing to health-conscious travelers.

Why Invest in This Apartment?

Investing in this stunning apartment not only secures a tranquil home but also acts as a gateway into an increasingly sought-after rental market. With the consistent influx of tourists year after year, properties in Igalo are in high demand, especially during the peak summer season.

Imagine the delight of bustling summer evenings where visitors flock to enjoy local events or those serene off-peak months when winter travelers seek a warm retreat. This dynamic ensures steady rental occupancy and profitability.

Income Potential: A Detailed Analysis

The financial prospects of the three-bedroom apartment in Igalo are particularly promising. Leveraging a diverse rental strategy enhances the appeal for various tenants, from vacation seekers to winter escapists.

Utilizing the estimated rental income:
– **Summer Peak Rental:** 100€ per night for about 30 nights, totaling 3 000€ monthly for 5 months.
– **Winter Rental:** A more modest 800€ average monthly for 7 months.

Estimated ROI Calculation

– Summer Income: 3 000€ x 5 months = 15 000€
– Winter Income: 800€ x 7 months = 5 600€
– **Total Annual Income:** 20 600€
– **Initial Investment:** 161 000€

Projected Return on Investment

Calculating the expected ROI, we find a total annual return of 20 600€ on an investment of 161 000€. This results in an impressive expected ROI of approximately 14.09%. As a potential investor, this statistic transforms the notion of owning a vacation home into a strategic financial decision.

A Final Word

As you contemplate this three-bedroom apartment in Igalo, envision the blend of relaxation and profitability it offers. With surrounding development on the rise and nature’s beauty at your doorstep, this property stands not just as a residence but as a stepping stone into a flourishing market. Don’t miss the chance to claim your piece of this Adriatic paradise!