Registry number: 5-0666472/001
Two-bedroom apartment with direct sea views
We offer for sale a two-bedroom apartment with a total area of 79 m2, 100 meters from the sea in the city of Bar.
We offer for sale a two-bedroom apartment with a total area of 79 m2, 100 meters from the sea in the city of Bar.
Liquidity calculation:
Rental price: 80 euros/day. Maximum occupancy: 90 days per season. Seasonal yield: 9,000 euros. Booking expenses: 15%.
Profitability minus Booking 7920 euros.
Possible monthly rental during the off-season for 800 euros per month for 8 months. Additional annual income = 6,400 euros. Total for the year: 14,320 euros. Purchase and maintenance costs: 250,000 + 700 (annual tax + fee) = 250,700.
The payback period is 250,700 euros / 14,320 = 17.5 years. Profitability is 14,320 * 100 / 250,700 = 5.7%.
Calculations are given for 2021-2022.