Registry number: 5-0666472/001
Apartment in Djenovici, near the promenade and Porto Novi.
Herceg Novi. Djenovici. Apartment.
Apartment for sale in Djenovici, near the waterfront and Porto Novi.
YEAR OF CONSTRUCTION: 2008
FLOORS: 3
FLOOR: 3
AREA: 88 m2.
NUMBER OF BEDROOMS: 2
BATHROOM: 1
TERASA: yes
Third floor.
2 bedrooms, 1 bathroom with shower, kitchen-living room zoned.
Large patio for outdoor seating. Partial direct view of the bay and mountains.
It is possible to use large children's and adult pools and a barbecue area with neighbors.
Place in the parking lot.
The apartments are fully equipped with furniture and appliances of high quality brands.
The house was built in 2008, high-quality construction, minimal refreshing cosmetic repairs for the new owner will be relevant.
Quiet dead-end street with pleasant surroundings, 2 minutes walk to the sea, shops, restaurants, post office, 3 minutes to a public transport stop.
Liquidity calculation:
Renting 100 euros / day. Maximum occupancy 80 days per season. Profitability per season 8000. Booking expenses 15%
Profitability minus Booking 6800 euros.
Possible monthly rent out of season for 600 euros per month for 8 months. Additional income for the year = 4800 euros. Total for the year: 11,600 euros.
Purchase and maintenance costs 188000 + 600 (annual tax + tax) + 300 (MC) = 188900.
Payback period 188900 euros / 11600 = 16.3 years. Profitability 11600*100/188900 = 6.1%
Calculations are given for 2021-2022.