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Buy flat in Montenegro region in Budva city in Budva

367 146 $

5 099 $ /м²

4OduC
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Area

72 м2

Bedrooms

2

Apartment in Budva. City - Budva

Square: 72m2


Floor: 3


Elevator: yes


Structure of the apartment: Corridor, kitchen with dining room, living room, 2 bedrooms, bathroom, toilet, terrace with sea views.


The apartment is fully oriented to the south.


Furnished: fully equipped kitchen and built-in wardrobes (included in the price).



Calculation of profitability

Lease 170 euros/day. Maximum workload of 90 days per season. Yield in season 15300. Booking expenses 15%


Yield after minus Booking 13005 euros.


Possible monthly delivery is not in season for 700 euros per month for 8 months. Extra income for the year = 5600 euros. Total for the year: 18605 euros.


Costs for the purchase and maintenance of 340000+10200 (one-time property turnover tax 3%)+800(annual tax+tax)+580(Up)+35.

Recovery period 351580 euros/18605=18.9 years. Profitability 17075*100/351580 = 5.3%


Calculations are given for 2021-2022.

Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Flat

Price

367 146 $

Characteristics

Sea View

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