Apartment for Sale in Bijela, Herceg Novi

Captivating Coastal Living in Bijela, Herceg Novi

Investing in real estate can often feel like navigating a vast ocean; knowing where to drop anchor is paramount. This enchanting 1-bedroom apartment, located in the picturesque town of Bijela, Herceg Novi, offers you a safe harbor and a lucrative opportunity. Nestled just 400 meters from the stunning Adriatic Sea, this property captures the essence of coastal living, providing a serene escape while also promising a wise investment choice.

Neighborhood and Surroundings

Bijela is not just a location; it’s a community brimming with life and culture. The charm of this quaint town lies in its friendly atmosphere and vibrant local life. Here’s what you can expect:

– **Stunning Coastal Views**: The captivating scenery that surrounds you enhances the allure of this apartment. Imagine waking up to the glimmering expanse of the Adriatic, with beautiful sunsets painting the evening sky.
– **Convenient Amenities**: Just a short stroll away, you’ll find charming cafés, culinary delights, and local markets where you can find fresh produce and unique souvenirs. Everyday essentials are easily accessible, making life convenient for both residents and vacationers.
– **Cultural Richness**: Herceg Novi, the nearby town, is renowned for its cultural heritage. Historical sites, including the Fortress of Forte Mare and the iconic Savina Monastery, provide an enriching glimpse into the region’s past.

These features combine to make Bijela an extraordinary location for both personal enjoyment and successful investments.

Attractions and Activities

The allure of Bijela extends beyond your doorstep. The stunning nearby beaches and leisure activities guarantee that there’s always something to do. Consider the following:

– **Water Sports**: Dive into thrilling water sports, including snorkeling, jet-skiing, and sailing. With the Adriatic at your fingertips, adventure awaits.
– **Scenic Walks**: Enjoy leisurely walks along the waterfront promenade, lined with charming boutiques and cafés, perfect for relaxing afternoons.
– **Local Festivals**: Engage with the lively local culture by attending seasonal festivals and events that highlight the region’s rich traditions and flavors.

A Growing Investment Landscape

Montenegro’s real estate market is witnessing significant growth, making it an opportune time to invest. As more tourists flock to the region, increasing the demand for rental properties, your investment in this 1-bedroom apartment stands to gain long-term value. Here are some factors to consider:

– **Tourism Surge**: The region’s booming tourism offers a consistent influx of visitors, enhancing rental opportunities during peak seasons.
– **Property Value Appreciation**: As infrastructure developments occur, property values are expected to rise, securing and potentially boosting your initial investment.

Comparative Rental Income Potential

To understand the financial merits of owning this apartment, let’s compare it with comparable properties in the vicinity. Many similar 1-bedroom apartments are generating impressive returns, illustrating the worth of your investment:

– **Rental Rates**: Average peak season rates at around 70€ per night.
– **Occupancy Levels**: An exciting 70% occupancy rate can be expected, especially during the summer months.

Enhanced ROI Calculation

As previously highlighted, your potential gross income can be quite lucrative. With peak season rental possibilities, you can expect to earn:

– **Gross Income**: 17 150€ annually.
– **Estimated Expenses**: 3 000€ which includes maintenance, local taxes, and other recurring costs.
– **Net Income**: 14 150€.

Calculating the return on your investment:

– **Cost of Apartment**: 150 000€
– **Net Income**: 14 150€

Thus, the ROI is calculated as follows:
ROI = (Net Income / Cost) x 100 = (14,150 / 150,000) x 100 ≈ 9.43%

Conclusion

With a promising ROI of 9.43%, investing in this delightful 1-bedroom apartment in Bijela is not just about owning property; it’s about securing a lifestyle and creating wealth. This unique blend of location, community, and investment potential makes it an ideal choice for discerning investors. Don’t let this golden opportunity slip away—anchor your investment today in the beautiful shores of Montenegro!