House for Sale in Bijela

Explore the Charm of Bijela and Its Investment Opportunities

Located in the picturesque coastal town of Bijela, Herceg Novi, this remarkable 7-bedroom house offers not just stunning architecture and ample living space, but also a wealth of opportunities for investors. Nestled in a thriving region, this property is perfectly positioned to take advantage of the booming tourist market, making it an ideal choice for anyone looking to invest in a lifestyle rich in natural beauty and financial promise.

Property Overview

This impressive 200 m² house sits on a generous 570 m² plot, providing a perfect blend of indoor and outdoor living. Just a mere 500 meters from the shimmering Adriatic Sea, it offers breathtaking views that stretch across the horizon. The spacious home is structured over two levels, with the ground floor housing four meticulously designed apartments. Each of these apartments provides comfort and privacy, making them perfect for both short-term and long-term rentals. Meanwhile, the upper floor boasts three additional apartments, each featuring private terraces that invite you to soak in the panoramic coastal scenery.

Surrounding Developments

The area surrounding Bijela is flourishing with new developments, enhancing its attractiveness as a destination. With abundant local amenities—such as charming cafes, vibrant markets, and pristine beaches—guests and residents alike are drawn to the allure of the coastal lifestyle. Furthermore, Herceg Novi is known for its rich history, stunning architecture, and vibrant cultural festivals. These factors not only enrich the experience of living in Bijela but also increase the demand for rental properties, providing an additional layer of security for your investment.

Local Points of Interest

Within close proximity to your prospective property, you’ll find a range of attractions that can draw tourists and residents alike:

– **Historical Sites**: Visit the ancient fortress of Forte Mare, just a short drive away, which showcases the region’s rich history.
– **Natural Wonders**: Explore the nearby beaches or take a hike in the lush hills that surround Herceg Novi, perfect for both relaxation and adventure.
– **Culinary Experiences**: Savor local Montenegrin cuisine at various nearby restaurants, known for their fresh seafood and traditional dishes.

The convenience of local shops, markets, and recreational areas ensures that this property is not only a place to stay but a gateway to a vibrant lifestyle.

Maximizing Rental Income

The sunny plot of land surrounding this property provides vast potential for rental income during the bustling tourist season, which typically stretches from late spring to early autumn. Investors can maximize their returns by capitalizing on the following strategies:

– **Seasonal Rentals**: With an expected summer rental price of around 1 200€ per week for each of the four apartments, your income could soar to 19 200€ over three months.
– **Off-Season Opportunities**: While winter rates may fall to approximately 600€ monthly, you can still expect an additional 7 200€ in income during these months, ensuring steady cash flow year-round.
– **Attraction Partnerships**: Building connections with local tour companies can provide additional rental opportunities through packages for excursion stays.

Detailed Return on Investment Analysis

The financial benefits of investing in this Bijela property are similarly noteworthy. With a projected total annual income calculation of:

Total Annual Income:
19 200€ (summer) + 7 200€ (winter) = **26 400€**
Initial Investment: **286 000€**

This promising equation results in an impressive annual ROI of approximately **10.15%**. Such returns are not only appealing but also demonstrate the viability and potential profitability of investing in this rapidly growing market.

Conclusion

In summary, this house in Bijela, Herceg Novi, is more than just a property—it is an invitation to experience a lifestyle filled with potential and tranquility. Whether you seek a personal retreat or a lucrative investment opportunity, this exquisite property stands as a beacon of promise in the heart of Montenegro’s charming coastline. Don’t let this rare chance slip away; invest in your future today!