House with 4 Apartments in Bijela, Herceg Novi

A Coastal Gem in Herceg Novi: Your Next Great Investment

Investing in real estate can often feel like navigating a vast sea, with countless opportunities and choices awaiting around every corner. However, the property at Bijela, Herceg Novi, stands out as a lighthouse guiding savvy investors towards a fruitful venture. This house with four distinct apartments offers not only a gateway to stunning Adriatic living but also a promising avenue for generating substantial rental income.

Community Development and Surrounding Amenities

The charm of Bijela lies not just in its proximity to the beach, but also in its growing community allure. Over the past few years, this region has witnessed remarkable development, with new restaurants, cafes, and shops adorning the coastline. Picture yourself sipping coffee at a local café, with the gentle sound of waves in the background, or dining at an elegant seaside restaurant as the sun dips below the horizon. This vibrant lifestyle attracts both tourists and residents alike, adding to the demand for rental properties in the area.

Furthermore, the strategic location of this property places it a mere 15 km from the bustling town of Herceg Novi, steeped in rich history and culture. This creates an essential connection to urban amenities while still allowing residents the serenity of coastal living. With Tivat Airport just 12 km away, international travelers can easily access this beautiful destination, further enhancing the investment’s appeal.

The Allure of the Beach Nearby

At only 300 meters from the beach, the property is a stone’s throw away from the turquoise waters of the Adriatic. Imagine the joy of your future tenants as they stroll to the shore, soaking in the sun or indulging in water sports. Such proximity to pristine beaches offers unparalleled lifestyle benefits and makes the property an attractive option for vacation rentals.

Maximizing Rental Opportunities

The four apartments in the house provide a unique chance to maximize rental income. This flexibility allows for various rental strategies—whether you choose to lease them all as short-term vacation rentals or seek long-term tenants. The combination of a fully finished one-bedroom apartment on the ground floor and two spacious units on the first and second floors creates an attractive portfolio for diverse market segments.

Consider offering special packages for families, couples, or groups of friends looking for a summer getaway. You could even partner with local businesses for promotional deals, enhancing your property’s visibility while benefiting the surrounding community.

A Neighborhood on the Rise

With ongoing investment in infrastructure and amenities in Bijela, property values are expected to continue their upward trajectory. This area is not only growing but thriving, making your investment a wise choice as land prices rise. Historical trends indicate that coastal areas often experience appreciation in property values, compounded by the high demand for rental units, especially during peak tourist seasons.

Understanding the Financials

To further illustrate the strong financial prospects, consider the ROI calculations. The gross income potential is impressive, reflecting the natural appeal of the location. By renting each unit during the peak season at an average rate of 80€ per day, the four apartments could bring in a stunning 28 800€ in just three months. This figures prominently in understanding why this investment is more than just a holiday retreat—it’s a business opportunity.

During the off-peak season, with a daily rental rate of 30€ for 180 days, the total income could reach an additional 21 600€, leading to a remarkable total annual income of 50 400€. When you subtract operational expenses, the potential returns paint an enviable picture of profitability.

Final Thoughts: Navigating Towards Success

Investing in this property in Bijela, Herceg Novi, places you at the helm of a lucrative venture with a projected 12% ROI. As the sun sets over the Adriatic, illuminating the sky with hues of orange and pink, you’ll find that this investment not only allows you to own a slice of paradise but also offers the promise of substantial financial rewards. Don’t let this opportunity sail away—seize the chance to be part of this coastal gem today!