House in Baosici, Montenegro, 314 sq.m

Large three-story house in the Baosici area, Herceg Novi.

House area 200m2 plus terraces 114m2.

Plot area 110m2.

The house has three apartments, each of which has a separate entrance.

Structure:

Apartment 1 is located on the first floor: 2 bedrooms, kitchen-living room, bathroom, terrace with gas grill. The kitchen is equipped with an induction hob, oven, microwave and dishwasher.

Apartments 2 and 3 are two-level. Each of the apartments is located simultaneously on the 2nd and 3rd floors of the house and has an internal staircase. On the first level of the apartment there is a kitchen-living room and a bathroom, on the second level there is a separate bedroom and a second bathroom. On each floor there are spacious terraces overlooking the sea and mountains.

All apartments are equipped with air conditioning, ceiling fans, washing machines, heated floors in all rooms and have spacious terraces.

The house was built with all the necessary permits.

The house has an official tourist license for tourist accommodation category 4*.

Distance to the sea 20 meters, first line.

Payment in rubles is possible in the Russian Federation.

Income:

1. First apartment: 170 euros/day * 130 days = 22,100 euros
2. Second apartment: 100 euros/day * 130 days = 13,000 euros
3. Third apartment: 100 euros/day * 130 days = 13,000 euros

Total income for the year: 22,100 euros + 13,000 euros + 13,000 euros = 48,100 euros

Expenses:

1. Advertising: 15% of 48,100 euros = 7,215 euros
2. Annual tax: 1,200 euros
3. Property turnover tax: 3% of 470,000 euros = 14,100 euros (one-time, not annually)

Total expenses for the year (excluding property turnover tax): EUR 7,215 + EUR 1,200 = EUR 8,415

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

1. Gross profit for the year: 48,100 euros (income) - 8,415 euros (expenses) = 39,685 euros
2. Marginal profit: 48,100 euros (revenue) - 7,215 euros (advertising) = 40,885 euros
3. Capital turnover ratio: 48,100 euros (annual income) / 470,000 euros (villa price) = 0.1023 (or 10.23%)
4. Return on Investment (ROI): 39,685 euros (net profit) / 470,000 euros (initial investment) = 0.0844 (or 8.44%)
5. Percentage of total expenses to total income: 8,415 euros (total expenses) / 48,100 euros (total income) = 0.1749 (or 17.49%)

These metrics give you an idea of how your investment is performing for you and what potential it has for future income.