House 75 м² in Zabljak, Montenegro

House in Žabljak. The city is Žabljak.

Description

Elegant house in the heart of Zabljak - coziness and comfort among the mountains

Location: Zabljak, Kovačka Dolina
House area: 75 m2 (residential - 69 m2)
Plot: 250 m2
To the center of Zabljak: only 1500 m
Price 94,000 euros

About the house:
This cozy two-storey house is an ideal place for a comfortable holiday or permanent residence among the stunning nature.

First floor: spacious living room, combined with the kitchen, bathroom. In the living room there is a fireplace that creates an atmosphere of coziness and warmth.
Second floor: three bright bedrooms, each has heaters.

The house is fully furnished and equipped with appliances - come and live!

Your perfect home is waiting for you!

Contact to view!

Calculation of profitability

Financial settlement for renting a house in Zabljak (including advertising, management company for rent and cleaning)

Income:

1. 
   

   Summer season:

   
   
   
   
   • June (100 euros/day, 75 days): 100 × 75 = 7,500 euros
   
   
   • July (100 euros/day, 75 days): 100 × 75 = 7,500 euros
   
   
   • August (100 euros/day, 75 days): 100 × 75 = 7,500 euros
   
   
   • September (90 euros/day, 20 days): 90 × 20 = 1,800 euros
   
   
   • October (90 euros/day, 14 days): 90 × 14 = 1.260 euros
   
   
   
   


2. 
   

   Winter season:

   
   
   
   
   • December (100 euros/day, 15 days): 100 × 15 = 1,500 euros
   
   
   • January (100 euros/day, 28 days): 100 × 28 = 2,800 euros
   
   
   • February (100 euros/day, 14 days): 100 × 14 = 1,400 euros
   
   
   • March (100 euros/day, 14 days): 100 × 14 = 1,400 euros
   
   
   
   

Total revenue for the year:
7,500 + 7,500 + 7,500 + 1,800 + 1,260 + 1,500 + 2,800 + 1,400 + 1,400 = 32,660 euros

Expenses:

1. Advertising (15% of total annual revenue):
   32,660 × 0.15 = 4,899 euros


2. Managing company (25% of revenue):
   32,660 × 0.25 = 8,165 euros


3. House cleaning (50 euros per check-in):
   
   
   
   • Total 21 arrivals (by number of months with active lease)
   
   
   • 50 x 21 = 1.050 euros
   
   
   
   


4. Annual tax: 600 euros

Total expenses for the year:
4,899 + 8,165 + 1,050 + 600 = 14,114 euros

Financial indicators:

1. 
   

   Net profit for the year:
   32,660 euros (income) - 14,114 euros (expenses) = 18,546 euros

   
   


2. 
   

   Marginal profit (income excluding taxes):
   data-start="1534"-end="1630">32,660 euros - (4,899 euros advertising + 8,165 euros management + 1.050 euros cleaning) = 19,146 euros>>
   



3. 
   

   Capital turnover ratio:
   32,660 euros (annual income) ÷ 94,000 euros (home value) = 0.3474 (or 34.74%)
   



4. 
   

   Return on investment (ROI):
   >18,546 euros (net income) ÷ 94,000 euros (initial investment) = 0.1972 (or 19.72%)
   



5. 
   

   Percentage of total expenses to income:
   14.114 euros (total expenses) ÷ 32.660 euros (total income) = 0.4323 (or 43.23%)
   

Conclusion:

Investment in this house brings net annual profit 18,546 euros.
The house pays off in 5.07 years while maintaining current prices and demand.