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96 000 €

Flat in Przno, Montenegro, 50 sq.m
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  • Flat in Przno, Montenegro, 50 sq.m - picture 1
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  • Flat in Przno, Montenegro, 50 sq.m - picture 1
  • Flat in Przno, Montenegro, 50 sq.m - picture 2
  • Flat in Przno, Montenegro, 50 sq.m - picture 3
  • Flat in Przno, Montenegro, 50 sq.m - picture 4
  • Flat in Przno, Montenegro, 50 sq.m - picture 5
  • Flat in Przno, Montenegro, 50 sq.m - picture 6
  • Flat in Przno, Montenegro, 50 sq.m - picture 7
  • Property ID on Prian.info: 3856910
    Property ID on company's website: 302
    Last update: 10.02.2024
    Number of views: 414

96 000 €

Flat in Przno, Montenegro, 50 sq.m

50 sq.m 1
Residence
  • Property ID on Prian.info: 3856910
    Property ID on company's website: 302
    Last update: 10.02.2024
    Number of views: 414

Specifications

Sale price 96 000 €
Price per square meter 1 920 €
Floor area 50 sq.m
Total number of rooms 1
Address Montenegro, Przno
Single-room Apartment

Additional services

  • Residence permit upon purchase

Description

One bedroom apartment in a new comple...

Description

One bedroom apartment in a new complex in Przno, Budva Riviera.

Area - 50 sq.m.
2nd floor (there is an elevator)
Living room combined with kitchen, bedroom, bathroom, two terraces.
High-quality finishing materials.
The distance to the sandy beach is 400 meters.
Milocer Park is 750 meters away.
Calm place, beautiful view from the window.
Parking space - 15,000 euros
Profitability calculation

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.

Additional features

Apartment details

  • sea view

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Company

Tradegoria Global Estate More about the company
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