Registry number: 5-0666472/001
Three-bedroom apartment in a new building in the center of Bar
Three-bedroom apartment in a new building in the center of Bar
Main characteristics:
- the area of the apartment is 100 m2
- the apartment is located on the second floor
- the house has an elevator
- concierge service (20 euros per month)
- parking place in the guarded parking lot in front of the house (cost 15 euros per month)
According to the structure, the apartment consists of an entrance hall, a spacious living room combined with a dining area and a kitchen, three bedrooms, three bathrooms (two with a shower cabin, one with a toilet bowl and a sink), three terraces with a side view of the sea and mountains.
The apartment is fully furnished with high quality Italian custom-made furniture. Equipped with all necessary appliances: air conditioners, washing machine, dishwasher, heated towel rails, etc.
The apartment is located 200 meters from the sea and the promenade on a flat area.
Promising area, developed infrastructure.
Location - the center of the city of Bar.
- to the school 450 meters;
- to the sports center 550 meters
- 500 meters to the central playground
- the proximity of the clinic is about 400 meters;
- 2 parks, a tennis court, a football field are located nearby;
- within walking distance of cafes, supermarkets, pharmacies.
- ideal for year-round use
And also the apartment can be used for rent!
Liquidity calculation:
Renting 120 euros / day. Maximum occupancy 70 days per season. Profitability per season 8400. Booking expenses 15%
Profitability minus Booking 7140 euros.
Purchase and maintenance costs 265000+ 7950 (one-time property turnover tax upon purchase 3%) + 800 (annual tax + tour tax) + 480 (CC) = 274230.
Leasing monthly 1200 euros / month 1200 * 8 = 9600 euros
Total for the year 16740 euros.
Payback period 274230 euros / 16740 = 16.4 years. Profitability 16740*100/274230 = 5.9%
Calculations are given for 2021-2022.