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Buy flat in Montenegro region in Budva city in Przno

103 664 $

2 073 $ /м²

4Ofd2
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Area

50 м2

Bedrooms

1

Apartment in Budva. City - Przno

One bedroom apartment in a new complex in Przno, Budva Riviera.


Square - 50 sq.m.

2nd floor (there is an elevator)

Living room combined with kitchen, bedroom, bathroom, two terraces.

High quality materials.

Distance to the sandy beach - 400 meters.

Milocer Park - 750 meters.

Calm place, beautiful view from the window.

Parking place - 15,000 euros




Calculation of profitability

Liquidity calculation:


Lease 70 euros/day. Maximum workload of 70 days per season. Yields in season 4900. Booking expenses 15%


Yield after minus Booking 4165 euros.


Possible monthly delivery is not in season for 350 euros per month for 8 months. Income per year = 2,800 euros. Total for the year: 6965 euros.


Costs for the purchase and maintenance of 84000+400(annual tax+tax)+280(CC)=84680>

Payback period 84680 euros/6965 = 12.1 years. Profitability 6965*100/84680 = 8.2%


Calculations are given for 2022-2023.

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

103 664 $

Characteristics

Sea View

Comment

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