Buy flat in Montenegro region in Herceg Novi city in Denovici

Apartment in Herceg Novi. Town - Genovici

Introduce a new residential complex in Montenegro from the developer.

The complex is located in Jenovichi (Near Herceg Novi).

Favourable location - over Porto Novi.

We sell apartments and also offer them for rent.

Elite residential complex in Montenegro. View of Boko Bay of Kotor. High level of service.

There are 17 apartments, one apartment per floor.

Apartments of 71, 73, 115, 116, 125, 129, 130, 153, 164 m2

103.5 m2 + terrace 12.30 m2 - 400,000 euros

Two-level penthouse.

Panoramic views. Equipped beach within walking distance.

Preparation of natural materials.

Heating system warm floor, warm plinth. The air conditioning system. Control 4 remote control from mobile devices.

Wi-Fi.

Classic and modern kitchen models of your choice with built-in appliances.

Finnish sauna and Turkish hammam.

Fitness room

Closed and open parking.

Jacuzzi on the balconies of the second floors of penthouses.

Outdoor heated swimming pool.

The entire urban infrastructure, the largest marina "Porto Novi", the hotel "One&Only" are within walking distance.

Calculation of profitability

Lease 120 euros/day. Maximum workload of 70 days per season. Yields in season 8400. Booking expenses 15%

Yield after minus Booking 7140 euro.

0.

The cost of buying and maintaining 210,000+600 (annual tax + tax) = 210600.

Rent out of season 800*8 = 6400 euros

Total 13,540 euros

Payback period 210600 euros/13540 = 15.5 years. Profitability 13540*100/210600 = 6.4%

Calculations are given for 2021-2022.