Baošići and Đenovići are increasingly recognized as significant residential-tourism zones along the Herceg Novi coastline, situated between the urban center of Herceg Novi and the Luštica peninsula. These areas serve as spillover locations, accommodating demand that has been displaced by congestion, high prices, and density restrictions in primary tourist destinations.
The tourism profile in Baošići and Đenovići differs from traditional resort hubs. Visitors here tend to be long-stay coastal users, including families, retirees, and semi-residents who prefer tranquil waterfronts and accessibility over entertainment options. The average length of stay reaches approximately 6–9 nights, which is significantly longer than the national average for coastal areas. Daily expenditures range from €90 to €120, leading to considerable cumulative spending per visitor due to their extended stays.
Local economic retention is notably robust. The accommodation sector is primarily composed of privately owned apartments, small pensions, and family homes, with minimal presence from international hotel chains. Local businesses dominate food services, maintenance, and transportation, resulting in estimated local income retention rates of 65–70 percent. This stands in stark contrast to nearby regions with higher turnover rates, where financial leakage through chains and intermediaries is more pronounced.
The employment landscape in these settlements is characterized by stability rather than rapid growth. Tourism generates jobs related to accommodation management, cleaning services, food provision, maintenance, and transport sectors, with average monthly wages typically falling between €850 and €1,100. While these wages are not particularly high, they contribute to lower employment volatility compared to short-stay resort towns, thereby enhancing household stability and supporting year-round residency.
Real estate plays a pivotal role in the local economy. Property prices in Baošići and Đenovići generally range from €2,200 to €3,200 per square meter, driven primarily by semi-residential demand rather than a focus on rental yields. This trend bolsters municipal tax revenues and stimulates construction activities but also raises affordability concerns for local residents.
The fiscal impact on the municipality remains steady and predictable. Revenues associated with tourism do not experience dramatic fluctuations but provide consistent contributions through accommodation fees, VAT revenues, and service licensing. As such, these communities function as budget stabilizers for the broader Herceg Novi municipality, mitigating the seasonal volatility typical of resort income.
However, challenges are beginning to emerge. Issues related to road access, parking availability, wastewater management, and uncoordinated construction threaten the low-density character that attracts visitors. A targeted public capital expenditure investment of €10–15 million aimed at improving utilities, traffic management systems, and shoreline maintenance could help maintain property values without facilitating over-development.
Baošići and Đenovići are not positioned as growth engines; rather, they act as pressure absorbers. Their long-term significance lies in their ability to stabilize the tourism ecosystem of the Bay of Kotor–Herceg Novi by providing livable alternatives with lower density compared to oversaturated tourist hotspots.
