Spacious Apartment in Bijela

Embrace Coastal Living in Bijela

Investing in real estate is not just about purchasing a property; it’s about securing a lifestyle and an opportunity for growth. The charming coastal town of Bijela, nestled in the heart of Herceg Novi, offers both in abundance. This spacious three-bedroom apartment stands as a beacon for investors looking for a peaceful retreat or a promising rental opportunity.

Community and Development

Bijela is a thriving community enveloped by the stunning landscapes of the Adriatic coast. With ongoing development projects enhancing the area, including new shops, cafés, and recreational facilities, this neighborhood is poised for significant growth. Imagine strolling along the beautiful promenade, exploring local markets, or indulging in fresh seafood at seaside restaurants just minutes from your doorstep.

The strategic location of this apartment positions you perfectly to benefit from the rising interest in coastal real estate. As more tourists discover the hidden gems of Montenegro, the demand for quality accommodations in Bijela continues to surge.

Nearby Attractions

This delightful locale is not only about tranquility; it’s rich with cultural and natural attractions that appeal to all types of visitors. Key points of interest within easy reach include:

– **Herceg Novi Old Town**: Explore the cobbled streets, historic fortifications, and vibrant market squares, offering a glimpse into the region’s rich history.
– **Mother of God Church**: A stunning architectural marvel that draws both locals and tourists, perfect for peaceful reflection and appreciation of local culture.
– **Local Beaches**: With pristine beaches just a short walk from the apartment, residents can enjoy the sun and surf, engaging in various water activities like kayaking, diving, and sailing.
– **Proximity to Other Destinations**: Bijela’s strategic location allows for easy day trips to neighboring towns such as Kotor and Dubrovnik, making it an ideal base for exploring the beautiful Adriatic coastline.

Financing Your Investment

Securing a property in Bijela not only provides a home but also an opportunity for a lucrative return on investment. With its notable rental market, this three-bedroom apartment is positioned for both seasonal and annual rentals, vastly supported by the recent surge in tourism.

Consider the rising trend of remote working, as many professionals are seeking longer stays in beautiful locations. Consequently, occupancy rates in coastal regions are expected to rise substantially.

Profit Projections

Let’s delve deeper into the investment potential of this property. A simple analysis reveals a promising financial forecast. The estimated rental income breakdown is as follows:

– **Peak Season (Summer)**: Assuming average nightly rates of 150€ for 90 days
– **Off-Peak Season (Winter)**: Assuming average nightly rates of 80€ for 120 days

The calculation of anticipated rental income looks like this:

Profit Calculation

Summer income: 90 days * 150€ = 13 500€
Winter income: 120 days * 80€ = 9 600€
Total annual income: 13 500€ + 9 600€ = 23 100€

With the purchase price of 264 000€, your potential return on investment is significant.

ROI = (Annual Income / Purchase Price) * 100 = (23 100€ / 264 000€) * 100 = 9.63%

Conclusion

Investing in a spacious apartment in Bijela, Herceg Novi, not only opens the door to a lifestyle steeped in coastal charm and beauty but also promises solid financial returns. With increasing tourism and continuous development, this property stands as an excellent opportunity for investors seeking both immediate enjoyment and long-term growth. Don’t let this chance to own a slice of paradise slip away—embrace the potential that awaits in Bijela!