Buy flat in Montenegro region in Bar city in Bar

Apartment in Bar. City - Bar

In Bar, Montenegro, for sale a separate 3-room apartment of 106m2 on the 2nd floor

The apartment is located in a 3-storey villa. The stairwell is internal. There are 3 apartments in the house.

Two bedrooms and a large living room with access to the terrace, a spacious, fully equipped (including all equipment) kitchen-dining room with a balcony, a large hall at the entrance, a large fully equipped bathroom, a utility room, which, if necessary, can be turned into an additional toilet.

The apartment is fully furnished and ready for living. Air conditioning is in place. All meters are separate and officially registered. City water. Internet speed (light guide).

From the balcony and a huge terrace beautiful views of the sea, mountains and the city.

In the yard for the apartment there is one place for parking a large car, plus there is a place for temporary parking of guest cars.

The street is deadlocked, almost no movement and noise. To the city beaches, the promenade and the city center about 1200m on a beautiful road, with almost no climbs. The nearest major supermarket is 800m.

Calculation of profitability

Liquidity calculation:

Lease 65 euros/day. Maximum workload of 70 days per season. Yield in season 4550. Booking expenses 15%

Yields minus Booking 3,867 euros.

Possible monthly delivery is not in season for 400 euros per month for 8 months. Income per year = 3200 euros. Total for the year: 7067 euros. Costs of purchase and maintenance 145000+500 (annual tax + tax) = 145500.

Recovery period of 145,500 euros/7067 = 20.5 years. Profitability 7067*100/145500 = 4.9%

Calculations are given for 2021-2022.