Two-Bedroom Apartment in Igalo

Uncover the Beauty and Investment Value of Your Future Home

Nestled in the serene coastal town of Igalo, this two-bedroom apartment represents not just a property, but a way of life. Picture yourself waking up to the gentle sounds of the Adriatic waves and basking in the warm Mediterranean sun. This area is not only a gateway to relaxation but also a burgeoning hub for savvy investors looking for promising opportunities.

Thriving Community and Development

Igalo, part of Herceg Novi, is a vibrant town with a rich history and an exciting future. The local government has invested heavily in infrastructure, ensuring that the area remains attractive to both residents and tourists. Recent developments like new promenades, parks, and recreational facilities enrich the community experience.

Imagine strolling along the waterfront, surrounded by cafes and shops that offer delightful local fare. The proximity to healthcare facilities, schools, and other essential services further enhances the livability of this location. The charming old town is just a short drive away, where cobblestone streets, historical landmarks, and local markets create an inviting atmosphere.

Points of Interest and Activities

Living in Igalo means you have a plethora of activities right at your doorstep. The nearby beaches are perfect for sunbathing, swimming, or engaging in water sports. Activities such as diving, sailing, and beach volleyball attract both adventure seekers and families alike. Additionally, the stunning hiking trails in the surrounding hills offer breathtaking views of the coastline, presenting a perfect blend of nature and leisure.

Cultural enthusiasts will appreciate the numerous festivals and events held throughout the year, showcasing local traditions, music, and cuisine. Whether you’re dining at a seaside restaurant, visiting art galleries, or attending regional fairs, Igalo has something to offer everyone.

Financial Feasibility and Profitability

The financial allure of this apartment goes hand in hand with its beautiful surroundings. With a purchase price of 165 000€, this apartment not only provides a comfortable living space but also an opportunity to tap into a lucrative rental market. Here’s a breakdown of the potential rental income:

– Summer Season (3 months): 1 200€/month
– Winter Season (9 months): 600€/month
– Total Annual Rental Income: 10 800€

While considering your investment, it’s crucial to account for maintenance costs, estimated at around 1 080€ annually. This brings your net income to 9 720€, creating an enviable ROI.

ROI Breakdown

Calculating the ROI provides clarity on the financial benefits of your investment:
ROI = (Net Income / Purchase Price) x 100
ROI = (9 720€ / 165 000€) x 100 = 6.48%

This remarkable return underscores the investment’s viability, making it an attractive option for investors seeking both immediate income and long-term value appreciation.

Your New Life Awaits

The combination of a prime location, rich local culture, and strong investment potential makes this two-bedroom apartment in Igalo an opportunity not to be missed. Whether you see yourself enjoying peaceful mornings overlooking the sea or diving into the local lifestyle, this apartment represents the best of both worlds: a beautiful home and a sound investment.

In conclusion, with an estimated ROI of 6.48%, this apartment is not just a place to live; it’s a gateway to a profitable future. Let this stunning property in Igalo be the foundation for your aspirations, whether as a personal haven or as a strategic investment that benefits you for years to come. Embrace the opportunity today and step into a life rich with beauty and potential!