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Buy villa in Montenegro region in Bar city in Bar

1 295 811 $

3 239 $ /м²

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Area

400 м2

Bedrooms

6

Villa in Bar. City - Bar

It is offered for sale a large villa in the city of Bar, which is located near the Adria Hotel.


Villa area of 400 m2, land area of 1215 m2, terraces area of 50 m2.


Villa remote from the sea 500 m


The first floor of the villa: a sports hall equipped with equipment, a sauna, a toilet room with a jacuzzi, a relaxation room with table tennis.


Second floor: spacious living room with fireplace, kitchen, fully equipped with household appliances and dishes, 2 toilet rooms (one of them has a shower cabin), bedroom.


The third floor: a spacious dressing room, a large hall, 4 bedrooms, 4 toilet rooms (one with a jacuzzi, the second with a shower cabin), 5 terraces with sea views, 5 terraces with mountain views.


The villa is made of high-quality repairs, doors and furniture made of rare wood, handmade, stairs made of oak with forging.


There is video surveillance, gas supply, fire protection system, additional water tank, urban communications, Wi-Fi, solar panels are installed on the house.


On the territory of the plot there is a swimming pool of 96 m3, a barbecue area with furniture, a shower and a toilet room.


Also on the territory, there is a house for guests with a living room, bedroom, kitchen, toilet room. The house is fully furnished.


Detached wine cellar with furniture.


On the territory of the site there is a garden with fruit trees: pomegranates, lemons, tangerines, figs, oranges. There is a covered garage for 1 car and parking for 4 cars.


Enlightenment throughout the area.



Calculation of profitability

Liquidity calculation:


> Long-term rental option in one hand


Price per month 2500 euros*12 = 30,000 euros


Costs to purchase 1,200,000+36000 (one-time property turnover tax on purchase of 3%)+1500 (annual tax)=1237500/p>>>

Payback period 1237500 euros/30000 = 41.2 years. Profitability 30,000*100/1237500 = 2.4%


2Lease 600 euros/day. Maximum workload of 90 days per season. Yield in season 54,000. Booking expenses 15%


Yield after minus Booking 45900 euros.


Costs to purchase 1,200,000+36000 (one-time property turnover tax on purchase of 3%)+1500 (annual tax)=1237500/p>>>

Payback period 1237,500 euros/45900 = 26.9 years. Profitability 45900*100/1237500 = 3.7%


Calculations are given for 2021-2022.

Additional details

Property type

Residential Properties

Number of rooms

6

Object type

Villa

Price

1 295 811 $

Characteristics

Sea View

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