Two-Bedroom Apartment in Igalo, Herceg Novi

Your Ideal Investment Awaits in Igalo, Herceg Novi

Imagine waking up every morning in a serene two-bedroom apartment, just a stone’s throw away from the sparkling Adriatic Sea. Nestled in the picturesque village of Igalo, in Herceg Novi, this charming property not only provides a comfortable living space but also holds the promise of an excellent investment.

Captivating Location

Igalo is renowned for its breathtaking views and mild climate, making it a top destination for both tourists and locals alike. With the beach located a mere 150 meters from your doorstep, you can easily enjoy sun-soaked days by the sea or indulge in leisurely walks along the scenic promenade.

The surrounding area boasts a wealth of local amenities, including traditional markets, vibrant restaurants serving delicious Montenegrin cuisine, and quaint shops filled with unique treasures. Whether you’re looking to savor a fresh seafood dish or pick up some handcrafted souvenirs, everything you need is within reach.

A Growing Community

Herceg Novi is experiencing a notable transformation, with ongoing development projects enhancing the area’s appeal. New infrastructure, including improved roads and transportation, is paving the way for increased accessibility. This growth not only enriches the community but also adds value to property investments.

In recent years, the local government has recognized the potential of Herceg Novi as a tourist destination, leading to a surge in promotion and investment in hospitality. New hotels, restaurants, and recreational facilities are being established, attracting more visitors and increasing demand for rental properties. This vibrant environment presents a golden opportunity for investors looking to capitalize on the booming tourism sector.

Renting Potential

For those considering rental options, the apartment’s strategic location makes it an irresistible choice for vacationers seeking a getaway. The summer season can bring in impressive rental income, with properties like this one achieving between 1 000€ to 1 200€ per month. However, the demand doesn’t dwindle during the winter months, as many tourists seek to explore the beauty of Montenegro even off-peak. Renting at 600€ a month during the colder seasons maximizes returns year-round.

Strong ROI Potential

The calculated potential return on investment (ROI) for this property further underscores its value. Here’s a quick breakdown:

– **Summer Rental Income:** 1 200€/month = 7 200€ annually
– **Winter Rental Income:** 600€/month = 3 600€ annually
– **Total Annual Rental Income:** 10 800€

Considering the purchase price of 163 000€, the ROI calculation reveals that you can expect an attractive return:

ROI = (Annual Income / Purchase Price) x 100 = (10,800 / 163 000€) x 100 = 7.29%

This investment horizon provides a powerful 7.29% ROI, placing you in an advantageous position, whether you decide to reside in the apartment or lease it to vacationers.

Conclusion: A Bright Future Awaits

Investing in this two-bedroom furnished apartment in Igalo, Herceg Novi is not just about acquiring a property; it’s about embracing a lifestyle filled with sun, sea, and cultural richness. The potential for capital appreciation, coupled with strong rental demand, makes this an attractive proposition for discerning investors.

Seize this opportunity to secure your spot in one of Montenegro’s most enchanting locales! Your dream investment is just a step away.