Registry number: 5-0666472/001
Four-story house with a garage near the sea
A new four-story house in Utekha near the sea
The house area is 195 m2
Plot - 200 m2
Sea view
Layout: The basement has 2 bedrooms, a bathroom, and a hallway. On the ground floor is a 12.7 m² garage that can be converted into a room, a 21.82 m² living room, a hallway, and a 5.49 m² terrace. On the second floor is a large 26.9 m² living room, a bathroom, and a large 13.86 m² terrace with a view. On the third floor is an 8 m² bedroom and a 34.12 m² patio for relaxing.
There is a plot of land in front of the house.
The sea is 200 meters away, down steps to a small bay.
The nearest restaurant is 200 meters away.
The house is perfect for a summer holiday away from the hustle and bustle, as well as for seasonal rental.
Liquidity calculation:
Rental price: 200 euros/day. Maximum occupancy: 70 days per season. Seasonal yield: 14,000 euros. Booking expenses: 15%.
Profitability minus Booking 11900 euros.
Possible monthly rental during the off-season for 1,000 euros per month for 8 months. Additional annual income = 8,000 euros. Total for the year: 19,900 euros. Purchase and maintenance costs: 180,000 + 800 (annual tax + fee) = 188,000.
Payback period: 188,000 euros/19,900 = 9.4 years. Profitability: 19,900*100/188,000 = 10.6%.
Calculations are given for 2021-2022.