Building Land for Sale in Bijela

Unlock the Potential of Bijela: A Smart Investment in Prime Real Estate

In the heart of Bijela, a hidden gem near Herceg Novi, lies an extraordinary building land that presents an exceptional opportunity for savvy investors. Spanning an expansive 1,917 m², this parcel is not just land; it is a canvas waiting for your vision to unfold. With breathtaking sea views that inspire serenity and creativity, imagine a future where this beautiful land transforms into a stunning development that captivates the hearts of many.

Explore the Rich Development Prospects

The allure of this property goes well beyond its aesthetic appeal. Equipped with urban technical conditions, this land allows for substantial development potential. You can construct multiple buildings, with a total gross area of up to 250 m², organized in a practical ground plus one-storey layout (P+1). Imagine crafting a series of beautiful residential units or vacation rentals where families can create lasting memories along the Adriatic coast.

Key Features of the Development Potential:
– Ample space of 1,917 m² to design diverse living arrangements.
– Ready access to city water and electricity, streamlining your construction process.
– The ability to tailor your project to suit the growing demand for premium properties in the region.

A Growing Region: The Best of Bijela Awaits

Bijela is not just another location; it is a community that is blossoming with promise and opportunity. Here are a few reasons why investing in this area is a decision filled with potential:

– **Proximity to Herceg Novi**: Enjoy the benefits of being close to the thriving town of Herceg Novi, known for its vibrant culture, charming architecture, and bustling markets. This proximity ensures that your development will attract both local and international visitors.

– **Natural Beauty and Recreational Activities**: The stunning coastline and surrounding hills offer an abundance of recreational activities, from sailing and swimming in clear waters to hiking through lush trails, making Bijela a destination for adventure seekers and relaxation alike.

– **Cultural Significance**: The area’s rich history and cultural heritage add layers to the appeal of living and vacationing in Bijela. Festivals, local cuisine, and traditional events provide unique experiences that draw people to the region year-round.

Financial Viability: Analyze the Return on Investment (ROI)

Investing in Bijela’s building land is not only an emotional decision but a strategic financial move. The potential for rental income is impressive, especially in a location that is becoming increasingly popular among tourists and residents alike.

To illustrate the profitability:
– **Initial Investment**: 264 000€ (land) + 149 750€ (construction) = 389 750€
– **Projected Annual Income**: 2 000€/month for 4 months (summer) + 800€/month for 8 months (winter) = 16 800€

This results in a robust ROI calculation:
ROI = (Annual Income / Total Investment) × 100 = (16,800 / 389,750) × 100 ≈ 4.31%

Conclusion: A Rare Investment Opportunity

An approximate ROI of 4.31% for this building land in Bijela signifies a rare and compelling investment opportunity. Whether you’re looking to develop a personal sanctuary by the sea or capitalize on the lucrative rental market, this property lays the groundwork for future success. Stepping into the vibrant community of Bijela means not just investing in land, but investing in a lifestyle intertwined with beauty, culture, and possibility. Don’t miss this chance to turn your investment aspirations into reality—reach out today for further discussions or to arrange a personal viewing!