Two-Bedroom Apartment in Bijela

Discover the Allure of Bijela: A Perfect Investment

Imagine owning a charming property just a stone’s throw from the stunning Adriatic Sea. This two-bedroom apartment in Bijela offers not only a cozy retreat but also an exceptional investment opportunity. Nestled in the vibrant community of Herceg Novi, this location is fast becoming a hotspot for both tourists and long-term residents.

Surrounding Development

Bijela is experiencing an exciting transformation, with new infrastructure and amenities sprouting up to accommodate the growing demand for both holidaymakers and expatriates. Shops, cafés, and restaurants are weaving a rich tapestry of life in the area, enhancing the appeal of the neighborhood. The well-maintained promenade invites leisurely strolls along the coast, while nearby parks provide green spaces for relaxation and recreation.

With a growing number of tourists flocking to this picturesque destination, local businesses are thriving. The construction of modern facilities—such as leisure centers and wellness retreats—will likely raise property values in the coming years, making this an opportune time to invest.

Points of Interest Nearby

Living in Bijela means you are within easy reach of various attractions. Explore the historical charm of Herceg Novi, with its ancient fortifications and cobbled streets. Enjoy thrilling water sports activities at local beaches or take a short ferry ride to the breathtaking Bay of Kotor, a UNESCO World Heritage site.

Here are some must-see spots in the vicinity:
– *Igalo Beach*: Known for its healing mud and wellness facilities.
– *Stari Grad*: The old town of Herceg Novi, filled with charming shops and cafes.
– *Mali Port*: A picturesque harbor perfect for relaxing by the water.

Why This Apartment Stands Out

Picture yourself unwinding on one of the two terraces, sipping coffee as the sun rises over the Adriatic. The apartment’s spacious layout of 67 m² boasts an open-plan living area, making it inviting and ideal for social gatherings or quiet evenings in. The modern amenities and energy-efficient design contribute to its allure, ensuring lower utility costs and a comfortable living environment.

Analyzing the Rental Market

The apartment’s proximity to the beach significantly enhances its rental potential. With a burgeoning tourist influx, the demand for vacation rentals remains high, especially during peak seasons. Studies show that tourists increasingly seek local experiences, and staying in a home-like setting offers just that.

The investment summary is compelling:
– Short-term rentals can command higher rates during the summer months.
– With an estimated rental income of 1 200€/month during the bustling summer season and 600€/month in the off-peak winter months, consistency in earnings is achievable.

ROI Breakdown

Here’s how the numbers add up:
– **Summer Earnings**: 1 200€/month x 3 months = 3 600€
– **Winter Earnings**: 600€/month x 9 months = 5 400€
– **Total Annual Earnings**: 3 600€ + 5 400€ = 9 600€

The return on investment (ROI) is calculated as follows:
Annual Earnings (9 600€) / Purchase Price (160 000€) = 0.0662 or 6.62%.

Conclusion

This two-bedroom apartment in Bijela is more than a beautiful living space; it is a doorway to a vibrant community and an impressive investment opportunity. With a projected 6.62% return on investment and the potential for growth in this flourishing area, it’s time to seize the opportunity to make this charming apartment your own. Whether for personal use or as a rental income source, this property in Bijela is a smart choice for savvy investors looking to capitalize on the beauty and allure of the Adriatic coastline.