Family House in Herceg Novi Igalo

Your Perfect Investment in Herceg Novi Igalo

Investing in real estate is not just about purchasing property; it’s about seizing opportunities that promise growth and stability. This family house in Herceg Novi Igalo offers both, nestled in a region brimming with potential and charm. Whether you’re looking for a family retreat or a source of income, this property fulfills every criterion.

Location Advantages

Located just a stone’s throw from the beautiful Adriatic Sea, Igalo is a hidden gem that attracts both locals and tourists alike. The house is conveniently close to:

— **Stunning Beaches**: The beautiful promenade is merely 1.5 km away, offering easy access to sun-soaked days at the beach, where golden sands and crystal-clear waters await.
— **Local Amenities**: The area boasts numerous cafes, restaurants, and shops, providing all the necessities for a comfortable lifestyle.
— **Cultural Attractions**: Herceg Novi is rich in history and culture, with landmarks such as the Kanli Kula fortress and the charming Old Town, just a short drive away. Enjoy local festivals, art galleries, and vibrant nightlife that draws visitors from all over.

Developing Neighborhood

As the region continues to grow, the property values in Igalo are likely to appreciate. The Montenegrin coast is becoming increasingly popular among international investors, with developments in infrastructure aimed at improving accessibility. The nearby Cilipi Airport, located just 25 km away, enhances connectivity, making trips to and from the property effortless.

Investment Potential

This family house not only serves as a comfortable living space but also presents an exceptional investment opportunity. Currently undergoing legalization, this property is becoming a sought-after asset, appealing to investors looking for both a family home and a rental enterprise in a thriving market.

Imagine becoming part of a community that welcomes you with open arms, all while generating an annual income. With an investment priced at 242 000€ and rental projections suggesting significant returns, the numbers paint a promising picture:

— **Peak Season Earnings**: Renting out the property at 100€ per night for approximately 90 days yields 9 000€.
— **Off-Peak Season Earnings**: During winter, renting at 50€ per night for another 90 days brings in an additional 4 500€.

Combining these figures gives an estimated annual income of around 15 000€.

Calculating Your ROI

Understanding your return on investment (ROI) is essential for any investor. Here’s how this property stands:

Simple ROI Calculation:
Investment: 242 000€
Annual Rental Income: 15 000€
ROI = (Annual Income / Investment) x 100 = (15,000 / 242 000€) x 100 = 6.82%

With a projected ROI of approximately 6.82%, this property not only embodies a potential family home but also stands as a gateway to financial growth. Investing in this house is akin to planting a tree; with care and time, it will blossom and yield fruit, providing both enjoyment and revenue.

Why Choose Herceg Novi Igalo?

Life is about balance, and this house offers exactly that—an inviting home in a vibrant setting. As you contemplate this investment, consider what makes Herceg Novi Igalo so appealing:

— **Community Spirit**: A close-knit community where friendships blossom and neighbors become family.
— **Consistent Demand**: With a growing interest in rental properties, you can confidently expect regular guests eager to experience all that Montenegro has to offer.
— **A Lifestyle Investment**: Beyond financial returns, this property enables you to enjoy the luxury of a vacation home that you can genuinely call your own.

In conclusion, don’t miss the chance to secure this delightful family house in Herceg Novi Igalo. This investment could serve as both a serene retreat for your family and a meaningful income source, allowing you to embrace the Montenegrin lifestyle while enjoying the benefits of a sound financial decision.