ID: 8.307

Agency: Tradegoria
Registry number: 5-0666472/001

One bedroom apartment in Herceg Novi, Topla3.

Location

Herceg-Novi

Area

511m²

Number of bedrooms

meters to the sea

1200

Updated on

28.08.2023

Price

74 500 €

Price per sq.m.

146 €

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Description Profitability calculation Expense сalculator

One bedroom apartment in Herceg Novi, Topla3.

The area of the apartment is 51 sq.m.

1st floor.

The apartment consists of a living room combined with a kitchen, a bedroom, a bathroom and a terrace.

Warm house, heated floor tiles around the perimeter, air conditioners and a boiler are installed.

The apartment is fully furnished and ready to move in.

Separate entrance, parking.

To the sea 5 minutes by car, 20 minutes on foot.

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

Renting 60 euros / day. Maximum occupancy 70 days per season. Profitability per season 3600. Booking expenses 15%

Profitability minus Booking 3060 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: 6260 euros.

Purchase and maintenance costs 74500 + 2235 (one-time property turnover tax 3%) + 400 (annual tax + tax) + 300 (UK) \u003d 77435.

Payback period 77435 euros / 6260 = 12.4 years. Profitability 6260*100/77435 = 8.1%

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