+(382) 69-210-392
ID: 1.305
Agency: Tradegoria
Registry number: 5-0666472/001

Apartment with 2 bedrooms in the Admiral building on Mediteranskaya street in Budva

Location
Budva
Area
72m2
Number of bedrooms
2
meters to the sea
10
Updated on
28.08.2023
Price
340 000 €
Price per sq.m.
4722 €

Area: 72m2

Floor: 3

Elevator: yes

Structure of the apartment: Corridor, kitchen with dining area, living room, 2 bedrooms, bathroom, toilet, terrace overlooking the sea.

The apartment is fully oriented to the south.

Furnished: fully equipped kitchen and built-in wardrobes (included in the price).

Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me

Renting 170 euros / day. Maximum occupancy is 90 days per season. Profitability per season 15300. Booking expenses 15%

Profitability minus Booking 13005 euros.

Possible monthly rent out of season for 700 euros per month for 8 months. Additional income for the year = 5600 euros. Total for the year: 18605 euros.

Purchase and maintenance costs 340,000+ 10,200 (one-time property turnover tax 3%) + 800 (annual tax + tax) + 580 (MC) = 351,580.

Payback period 351580 euros / 18605 = 18.9 years. Profitability 17075*100/351580 = 5.3% 

Calculations are given for 2021-2022.

Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me
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