96 000 €
96 000 €
Sale price | 96 000 € |
Price per square meter | 1 920 € |
Floor area | 50 sq.m |
Total number of rooms | 1 |
Address | Montenegro, Przno |
Type | Single-room Apartment |
One bedroom apartment in a new comple...
One bedroom apartment in a new complex in Przno, Budva Riviera.
Liquidity calculation:
Rent 70 euros/day. Maximum occupancy 70 days per season. Profitability during the season 4900. Booking expenses 15%
Profitability minus Booking 4165 euros.
Possible monthly rental out of season for 350 euros per month for 8 months. Additional income for the year = 2800 euros. Total for the year: 6965 euros.
Costs of purchase and maintenance 84000+400 (annual tax + tax) + 280 (UK) = 84680.
Payback period 84680 euros / 6965 = 12.1 years. Profitability 6965*100/84680 = 8.2%
Calculations are given for 2022-2023.