Flat in Denovici, Montenegro, 134 sq.m

Introducing a new residential complex in Montenegro from the developer.

The complex is located in Djenovici (near Herceg Novi).

Favorable location - above Porto Novi.

We sell apartments and also offer them for rent.

Elite residential complex in Montenegro. View of the Bay of Kotor. High level of service.

There are 17 apartments available, one apartment per floor.

Apartments with an area of 71, 73, 115, 116, 125, 129, 130, 153, 164 m2

103.5 m2 + terrace 12.30 m2 - 400,000 euros

Duplex penthouse.

Panoramic views. Equipped beach within walking distance.

Finishing with natural materials.

Underfloor heating system, heated baseboards. Air conditioning system. System "smart home" Control 4 remote control from mobile devices.

WiFi.

Classic and modern kitchen models of your choice with built-in appliances.

Finnish sauna and Turkish hammam.

Gym.

Closed and open parking.

Jacuzzi on the balconies of the second floors of penthouses.

Outdoor heated pool.

All city infrastructure, the largest marina "Porto Novi", the hotel "One&Only" are within walking distance.

Renting 120 euros / day. Maximum occupancy 70 days per season. Profitability per season 8400. Booking expenses 15%

Profitability minus Booking 714 0 euros.

Purchase and maintenance costs 210000+600(annual tax+tax)= 210600.

Renting out of season 800 * 8 = 6400 euros

Total 13540 euros

Payback period 210600 euros / 13540 \u003d 15.5 years. Profitability 13540*100/210600 = 6.4%

Calculations are given for 2021-2022.