Building Land for Sale in Bijela

Explore the Dynamic Future of Bijela: Land Investment Opportunity

Looking for a strategic investment in one of Montenegro’s hidden gems? The building land for sale in Bijela presents not just an opportunity for development but a chance to become part of a vibrant community that is blossoming along the stunning Adriatic coastline. This idyllic plot, measuring 1,600 m² and situated just 200 meters from the serene sea, invites both visionaries and pragmatists to explore its potential at a competitive price of 242 000€.

Strategic Location and Development Prospects

Bijela is rapidly emerging as a prime destination for both local residents and international tourists. Its picturesque surroundings are characterized by lush landscapes and crystal-clear waters, creating an enchanting atmosphere that appeals to those seeking tranquility and natural beauty. The land benefits from the region’s ongoing development, which includes enhanced infrastructure, modern amenities, and community services, all tailored to enhance the living experience.

– **Proximity to Key Locations**: Being just a short distance from bustling Herceg Novi, residents of Bijela enjoy easy access to shops, restaurants, and cultural experiences while maintaining a peaceful retreat.
– **Enhanced Accessibility**: With roads and public transportation improving, this area is set to attract more visitors and residents alike, contributing to property value growth.

Points of Interest Nearby

Investing in this land means positioning yourself near a variety of attractions. Imagine the convenience of having these gems within your reach:

1. **Stunning Beaches**: The sparkling Adriatic Sea provides a perfect backdrop for sunbathing, swimming, and water sports.
2. **Historical Sites**: Explore the rich history of Herceg Novi with its charming old town, forts, and cultural festivals.
3. **Outdoor Activities**: The surrounding mountains offer hiking, biking, and breathtaking views, attracting nature lovers year-round.
4. **Culinary Experiences**: Enjoy a diverse range of dining options, from fresh seafood caught daily to local markets brimming with regional produce.
5. **Vibrant Nightlife**: Experience the lively atmosphere of local bars and music venues that come alive during the summer months.

Investment Viability and ROI Insights

Navigating the property market can be daunting, but the potential for a rewarding return here is tangible. With Bijela’s increasing popularity, the land’s value is projected to rise significantly over the coming years.

Consider this:

– **Construction Options**: By investing in prefabricated houses (starting at 599€/m²), you transform your land into a lucrative rental property.
– **Seasonal Demand**: The summer months draw in tourists eager to escape to the coast, and with an average of 90 peak rental nights available, the income potential is substantial.

Profit Projection Example

To illustrate, if you build a 100 m² prefabricated home, your total construction cost would be approximately 59 900€. Utilizing this space as a rental, suppose you charged 150€ per night:

– **Gross Income Calculation**: 150€/night x 90 nights = 13 500€ per year.
– **Estimated ROI**: Even with operational costs considered, enjoying a return of approximately 22.5% annually is feasible.

Conclusion: Secure Your Slice of Bijela Today!