Spacious Three-Bedroom Apartment by the Sea in Bijela Herceg Novi

Unveiling the Gem of Bijela: Your Coastal Sanctuary Awaits

When it comes to investing in real estate, the beauty of location cannot be overstated. This charming three-bedroom apartment in Bijela, Herceg Novi, is a beacon for those seeking a blend of comfort, convenience, and coastal allure. Just a stone’s throw away from the gentle lapping of the Adriatic Sea, this property embodies the vibrant lifestyle that can only be found on Montenegro’s stunning Riviera.

Location, Location, Location

The apartment’s position, a mere 30 meters from the sea, offers you the unique opportunity to experience the soothing ambiance of coastal living every day. Imagine waking up to the sound of waves and enjoying the picturesque views from your terrace as the sun rises over the horizon. Bijela is not just any coastal village; it’s a burgeoning community that seamlessly blends modern amenities with rich cultural heritage.

Exploring Bijela and Beyond

The surroundings of your new home bristle with activities and attractions:

– **Water Sports**: The nearby beaches provide ample opportunity for swimming, diving, and sailing, making it a haven for outdoor enthusiasts.
– **Dining and Nightlife**: Experience a vibrant culinary scene that features fresh seafood restaurants, charming cafes, and lively bars, allowing for memorable evenings with friends and family.
– **Cultural Experiences**: A short drive away, the historic old town of Herceg Novi offers numerous cultural sites, including the impressive Forte Mare and the clock tower, rich with stories of the past.
– **Nature and Scenery**: Breathe in the beauty of Montenegro’s coastline with hiking trails and scenic viewpoints that reward you with breathtaking vistas.

Why Invest in Bijela?

Investing in real estate here is not merely about purchasing property; it’s about securing a lifestyle marked by adventure, relaxation, and financial viability. The increasing demand for vacation rentals in Herceg Novi confirms its status as a popular tourist destination. With a variety of amenities at your doorstep, this apartment is primed to attract vacationers year-round, thus ensuring a steady income stream for investors.

Analyzing the Financial Aspect

Consider this property not just as a home, but as a strategy for wealth-building. The projected seasonal rental rates position it favorably in today’s market.

Let’s break down the investment potential:

– **Summer Income**: With average rental rates of 120€ per night and a 60-night occupancy in peak season:
– **Summer Revenue**: 7 200€ (60 nights * 120€)
– **Winter Income**: Traditionally, winter rates can average 50€ per night, with projections for 200 nights of occupancy:
– **Winter Revenue**: 10 000€ (200 nights * 50€)

Crunching the Numbers

Your total annual rental income could potentially be 17 200€:

Annual Rental Income = Summer Revenue + Winter Revenue
= 7 200€ + 10 000€ = 17 200€

Now, let’s consider the yearly expenses, estimated around 2 000€—covering maintenance, taxes, and other costs. Thus, your net income would stand at:

Net Income = Annual Rental Income – Yearly Expenses
= 17 200€ – 2 000€ = 15 200€

With an investment price of 264 000€, the return on investment (ROI) can be calculated as follows:

Calculating Your ROI

ROI = (Net Income / Investment) * 100
= (15 200€ / 264 000€) * 100 = **6.33%**

This 6.33% ROI presents a remarkable opportunity, especially in today’s competitive market where coastal properties are continuously sought after.

Your Future Awaits

This spacious three-bedroom apartment offers more than just a roof over your head. It’s a transition into a lifestyle where tranquility meets adventure. The surrounding development, coupled with the vibrant community atmosphere, makes this property a golden investment opportunity. Don’t let this chance slip through your fingers—own a slice of Adriatic paradise and unlock the door to an enriching investment journey!