Buy flat in Montenegro region in Ulcinj city in Utjeha

Apartment in Ulcinj. City - Utes

Apartment for sale in a quiet and cozy place p.Uteha Bar Riviera.

The apartment consists of a living room, a terrace, two bedrooms and a bathroom with a shower cabin.

Space 94 m2, 2nd floor, sea view.

The distance to the beach is 300 meters.

It is possible to settle in rubles

Calculation of profitability

Liquidity calculation:

Lease 80 euros/day. Maximum workload of 60 days per season. Yields in season 4800. Booking expenses 15%

Yield after minus Booking 4080 euros.

Costs to buy and maintain 120,000+400(annual tax+tax)=120400.

Lease monthly 350 euros/month 350*8 = 2800 euros

Total for the year 6880 euros.

Payback period 120400 euros/6880 = 17.5 years. Profitability 6880*100/120400 = 5.7%

Calculations are given for 2021-2022.