House with Land in Bijela Center

Investment Opportunity: Prime Property in Bijela

Are you looking for an incredible investment opportunity in one of the most appealing coastal areas of Montenegro? This remarkable house with land in the center of Bijela awaits your creative vision. With a prime location just 150 meters from the pristine waters of the Adriatic Sea, this property is your gateway to a world of possibilities.

Bijela: A Hidden Gem on the Adriatic Coast

Nestled between the sparkling Adriatic Sea and the lush green hills, Bijela is a quaint and tranquil town that has begun to attract attention from both local and international investors. The booming tourism industry, combined with its charming atmosphere, positions Bijela as a rising star in the Mediterranean real estate market. The nearby Herceg Novi and Tivat Airport make this destination easily accessible for both tourists and potential tenants, which means that your investment could thrive in this flourishing environment.

Development Potential: Unleashing Creativity

Imagine crafting the perfect residential or commercial space tailored to the desires of those seeking an escape to the stunning Montenegrin coastline. The expansive 1,037 m² plot allows for versatile construction options. Here are just a few ideas to consider:

– **Luxury Villas**: Create a lavish retreat for high-end travelers seeking relaxation among nature.
– **Mixed-use Developments**: Combine residential living spaces with retail or dining options to serve both locals and tourists.
– **Community Spaces**: Design a family-friendly environment with parks and recreational areas that attract residents year-round.

The property allows for a substantial construction area of 1,244 m², distributed across four above-ground floors, along with additional provisions for garages or basements—making it a canvas for your imagination.

Attractive Return on Investment

The financial appeal of this property is undeniable. Bijela’s strategic location, coupled with its favorable demand for housing, sets the stage for impressive rental income, particularly in the summer months when tourists flock to the islands. The potential scenarios for generating income are abundant:

– **Vacation Rentals**: As travelers seek comfortable stays, your property can cater to holidaymakers looking for a slice of paradise.
– **Long-term Rentals**: Attract residents who want to experience the beauty of Bijela year-round.

ROI Evaluation for Bijela Property

Investing in the Bijela property can provide you with a substantial Return on Investment (ROI). If you decide to build a prefabricated home, which starts at an economical price of 599€/m², your total construction costs could be approximately 620,000€.

Consider the seasonal rental income; during the summer months, a well-furnished, inviting property could attract visitors and yield approximately 25,000€. Even during the winter months, when the tourist wave subsides, you could count on about 10,000€ in rental income. This leads to a potential total annual revenue of 35,000€.

Calculating the ROI on this investment provides encouraging insights. With an estimated annual ROI of 5.6%, this property not only serves as a lovely getaway but also as a sound financial venture, proving that smart investments indeed lead to profitable returns.

Final Thoughts: Make Bijela Your Next Investment

This charming house with a generous plot in Bijela is more than just a property; it’s an opportunity to engage in the booming Montenegrin real estate market. With its enchanting location, diverse potential for development, and promising ROI, this property stands as a wise choice for investors seeking a blend of leisure and profitability. Don’t miss the chance to be part of Bijela’s vibrant growth story. Visit www.RivijeraNekretnine.com ID 3427 for price inquiries and additional details.