Registry number: 5-0666472/001
Apartments in a smart home, Budva
Apartment in a smart home in Budva
Area: 43m2
Floor: 3
Elevator: Yes
sea view
Structure: Entrance hall, bathroom, kitchen with dining area, living room, bedroom, terrace.
Furnished: Fully equipped with furniture and appliances.
Liquidity calculation:
Renting 70 euros / day. Maximum occupancy is 90 days per season. Profitability per season 6300. Booking expenses 15%
Profitability minus Booking 5355 euros.
Possible monthly rent out of season for 400 euros per month for 8 months. Additional income for the year = 3200 euros.
Total for the year: 8555 euros. Purchase and maintenance costs 160,000 + 600 (annual tax + fee) + 500 (MC) = 161,100 euros.
Payback period 161100 euros / 8555 = 18.8 years. Profitability 8555*100/161100 = 5.3%
Calculations are given for 2021-2022.