Land for Sale in Bijela, Herceg Novi

Explore the Ideal Investment in Bijela, Herceg Novi

In the stunning coastal town of Bijela, Herceg Novi, an extraordinary piece of land awaits your vision. Spanning a generous 2,122 m² and boasting captivating views of the sparkling Adriatic Sea, this property offers an unparalleled opportunity for investors eager to capitalize on Montenegro’s blossoming real estate market.

Surrounding Developments: A Growing Community

The area surrounding Bijela is undergoing remarkable transformations, with new infrastructure, restaurants, and amenities sprouting up to meet the needs of both residents and visitors. As you stroll through the charming streets, you will find an array of local shops, cozy cafes, and delightful eateries, all contributing to the area’s vibrant atmosphere.

Recent investments in tourism and hospitality have fueled the region’s popularity, making it a sought-after destination for vacationers eager to explore Montenegro’s pristine coastline. With neighboring towns enhancing their appeal through waterfront promenades and various leisure activities, the potential for your investment continues to grow.

Points of Interest: Embrace the Local Culture

Investing in Bijela means embracing a lifestyle enriched by Montenegrin culture, scenic beauty, and historical significance.

– **Stunning Beaches**: The nearby beaches are perfect for sunbathing, swimming, and water sports, providing the ideal setting for relaxation and recreation.
– **Historical Sites**: Discover the rich history of Herceg Novi through its ancient fortresses and charming old town, where every cobblestone tells a story.
– **Natural Wonders**: The nearby hills offer breathtaking hiking trails with panoramic views, allowing you to explore the natural beauty that surrounds your property.

Each of these attractions enhances the allure of your investment, drawing tourists year after year.

Potential for Development: Build Your Dream Environment

The existing stone structure and auxiliary buildings on the property provide a unique charm, showcasing the character of the region. As you consider your development options, the flexibility offered by this land allows for various approaches:

– Build a modern family home tailored to your lifestyle.
– Create a vacation rental that takes advantage of the thriving tourism sector.
– Develop a mixed-use property that combines residential and commercial spaces, catering to the local community.

Your imagination is the only limit when it comes to maximizing the potential of this prime investment.

Return on Investment: Unlocking Financial Success

The prospect of substantial returns makes this land in Bijela a wise investment. By strategically developing two prefabricated homes, each 100 m² in size, you can tap into the lucrative rental market.

Let’s break down the numbers:

– **Development Cost**: With a total investment of 59 900€ for both homes, and costs starting at 599€/m², your entry into the market remains manageable.
– **Summer Rental Income**: If you rent each home at 100€/night for a peak of 60 nights, the projected income totals 12 000€.
– **Off-season Rentals**: Additional income from winter rentals and off-peak seasons could contribute another 3 000€ annually.

By combining these figures, your **total revenue** can reach 15 000€, against a total investment of 120 000€. This dynamic strategy yields a promising ROI of 12.5% annually, showcasing the financial viability of your investment.

A Unique Opportunity Awaits

Seize the chance to invest in a captivating coastal location that boasts beauty, culture, and growth potential. The land for sale in Bijela, Herceg Novi, represents a gateway to a Mediterranean lifestyle filled with possibility. Don’t miss out on this chance to be part of Montenegro’s burgeoning real estate market—embrace the opportunity to turn your investment dreams into reality today!