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460 000 €

Villa in Bar, Montenegro, 300 sq.m
  • Villa in Bar, Montenegro, 300 sq.m - picture 1
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  • Villa in Bar, Montenegro, 300 sq.m - picture 1
  • Villa in Bar, Montenegro, 300 sq.m - picture 2
  • Villa in Bar, Montenegro, 300 sq.m - picture 3
  • Villa in Bar, Montenegro, 300 sq.m - picture 4
  • Villa in Bar, Montenegro, 300 sq.m - picture 5
  • Villa in Bar, Montenegro, 300 sq.m - picture 6
  • Villa in Bar, Montenegro, 300 sq.m - picture 7
  • Villa in Bar, Montenegro, 300 sq.m - picture 8
  • Villa in Bar, Montenegro, 300 sq.m - picture 9
  • Property ID on Prian.info: 3857650
    Property ID on company's website: 5072
    Last update: 10.02.2024
    Number of views: 140

460 000 €

Villa in Bar, Montenegro, 300 sq.m

300 sq.m 5
Residence

  • Property ID on Prian.info: 3857650
    Property ID on company's website: 5072
    Last update: 10.02.2024
    Number of views: 140

Specifications

Sale price 460 000 €
House Area 300 sq.m
Site plot 380 sq.m
Total number of rooms 5
Address Montenegro, Bar

Additional services

  • Residence permit upon purchase

Description

Large modern villa with a swimming po...

Description

Large modern villa with a swimming pool in an area in the Green Belt, Shushan, Bar.

The area of the house is 300 m2.

Plot area 380 m2.

Structure:

1st floor: 2 apartments, each apartment has a bedroom, living room and bathroom.

2nd floor: 3 bedrooms, laundry room and bathroom.

3rd floor: living room, kitchen and storage room.

Communications: city water, electricity, city water.

The house is fully equipped with the necessary furniture and appliances.

The house has an alarm system, intercom and video surveillance system.

All are equipped with air conditioning.

Parking spaces in the garage.

On the territory of the house there is a swimming pool with lighting.

Magnificent sea view.

Ideal for year-round living.

The villa also has excellent rental potential. Our company is always ready to manage and rent out your property!

Profitability calculation

Income:

1. Daily rental during the season: 350 euros * 100 days = 35,000 euros
Total income for the year: 35,000 euros

Expenses:

1. Advertising (only in season): 15% of 35,000 euros = 5,250 euros

2. Annual tax: 800 euros
Total expenses for the year: 5,250 euros + 800 euros = 6,050 euros

Calculations of indicators of financial efficiency of investments in a villa:

1. Gross profit for the year: 35,000 euros (income) - 6,050 euros (expenses) = 28,950 euros
2. Marginal profit: Rental income (excluding annual tax) - advertising costs = 35,000 euros - 5,250 euros = 29,750 euros
3. Capital turnover ratio: 35,000 euros (annual income) / 460,000 euros (villa price) = 0.0761 (or 7.61%)
4. Return on investment (ROI): 28,950 euros (net profit) / 460,000 euros (initial investment) = 0.0629 (or 6.29%)
5. Percentage of total expenses to total income: 6,050 euros (total expenses) / 35,000 euros (total income) = 0.1729 (or 17.29%)

These indicators allow you to evaluate the effectiveness of your investment in a given villa and its potential for generating income.


Additional features

House's or compound's infrastructure and equipment

  • swimming pool

House details

  • sea view
  • complete furnishing
  • central water supply

Contact seller

Message sent



Cost of accomodation in Bar

Cost of accomodation in Bar
Restaurants
Cappuccino (regular) 2.10 €
Coke/Pepsi (0.33 liter bottle) 1.79 €
Domestic Beer (0.5 liter draught) 2.50 €
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 37.50 €
Meal, Inexpensive Restaurant 11.00 €
Water (0.33 liter bottle) 1.26 €
Imported Beer (0.33 liter bottle) 2.75 €
Markets
Apples (1kg) 1.13 €
Banana (1kg) 1.67 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 10.33 €
Bottle of Wine (Mid-Range) 7.00 €
Chicken Fillets (1kg) 9.00 €
Domestic Beer (0.5 liter bottle) 1.30 €
Eggs (regular) (12) 2.50 €
Lettuce (1 head) 1.90 €
Loaf of Fresh White Bread (500g) 0.85 €
Local Cheese (1kg) 7.25 €
Milk (regular), (1 liter) 1.23 €
Onion (1kg) 1.43 €
Oranges (1kg) 1.24 €
Cigarettes 20 Pack (Marlboro) 3.50 €
Potato (1kg) 0.83 €
Rice (white), (1kg) 1.78 €
Tomato (1kg) 1.48 €
Water (1.5 liter bottle) 1.83 €
Imported Beer (0.33 liter bottle) 1.47 €
Transportation
Gasoline (1 liter) 1.72 €
Monthly Pass (Regular Price) 25.00 €
One-way Ticket (Local Transport) 1.00 €
Taxi 1hour Waiting (Normal Tariff) 8.00 €
Taxi Start (Normal Tariff) 2.00 €
Taxi 1km (Normal Tariff) 1.00 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32 500.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 538.33 €
Apartment (1 bedroom) Outside of Centre 417.50 €
Apartment (3 bedrooms) in City Centre 1 250.00 €
Apartment (3 bedrooms) Outside of Centre 966.67 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 21.49 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 125.54 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.25 €
Sports And Leisure
Cinema, International Release, 1 Seat 3.00 €
Fitness Club, Monthly Fee for 1 Adult 43.33 €
Tennis Court Rent (1 Hour on Weekend) 10.67 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 56.67 €
1 Pair of Men Leather Business Shoes 156.67 €
1 Pair of Nike Running Shoes (Mid-Range) 87.50 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 26.67 €
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 175.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 2 125.00 €
Price per Square Meter to Buy Apartment Outside of Centre 2 233.33 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 758.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.75 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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