Flat in Bar, Montenegro, 50 sq.m

Studio apartment on the first line from the sea in the Shushan area, Bar.

Apartment area 50m2.

Structure: entrance hall, kitchen, large living room with sleeping places, two terraces, bathroom.

Communications: city water, electricity, city sewerage.

Distance to the sea 100m.

Sea view.

Within walking distance of a supermarket, school, bus stop.

Cafes, restaurants located on the seashore 100m away.

The distance to the center of Bar, where all the developed infrastructure is located, is 500m.

Ideal for year-round living.

Also, the apartment has excellent seasonal and year-round rental potential.

Income:

1. Seasonal rental:
- From May 1 to June 15 (45 days) 50 euros/day = 2,250 euros
- From June 15 to September 1 (78 days) 70 euros/day = 5,460 euros
- From September 1 to October 1 (30 days) 60 euros/day = 1,800 euros

2. Rent out of season:
- From October 1 to December 25 (85 days) 40 euros/day = 3,400 euros
- From December 25 to January 15 (21 days) 45 euros/day = 945 euros
- From January 15 to May 1 (106 days) 40 euros/day = 4,240 euros

Total income for the year:
- 2,250 euros + 5,460 euros + 1,800 euros + 3,400 euros + 945 euros + 4,240 euros = 18,095 euros

Expenses:

1. Advertising (throughout the year):
- 15% of 18,095 euros = 2,714.25 euros

2. Annual property tax:
- 500 Euro

Total expenses for the year:
- 2,714.25 euros (advertising) + 500 euros (tax) = 3,214.25 euros

Financial efficiency calculations:

1. Net profit for the year:
- 18,095 euros (income) - 3,214.25 euros (expenses) = 14,880.75 euros

2. Marginal profit:
- Rental income - advertising costs = 18,095 euros - 2,714.25 euros = 15,380.75 euros

3. Capital turnover ratio:
- 18,095 euros (annual income) / 135,000 euros (price of the apartment) ≈ 0.134 or 13.4%

4. Return on Investment (ROI):
- 14,880.75 euros (net profit) / 135,000 euros (initial investment) ≈ 0.1102 or 11.02%

5. Percentage of total expenses to total income:
- 3,214.25 euros (total expenses) / 18,095 euros (total income) ≈ 0.1777 or 17.77%

These metrics provide an overview of your investment's performance and its potential to generate income.

Variable costs were not taken into account in the calculation.