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ID: 158
Agency: Tradegoria
Registry number: 5-0666472/001

Apartment in a nice house in Bar, Shushan

Location
Bar
Area
57m2
Number of bedrooms
2
meters to the sea
150
Updated on
21.12.2022
Price
106 000 €
Price per sq.m.
1860 €

Apartment in the city of Bar, Shushan district.

Located on the 3rd floor in a 4-storey apartment building.
The area of the apartment is 56.57 sq.m., including terraces with panoramic views of the sea and mountains.
Suitable for both comfortable living and for renting out.
Structure: corridor, 2 bedrooms, living room, separate kitchen, 2 terraces, one of them with a magnificent sea view! , bathroom with shower. Water heater ARISTON 80 liters.
The apartment is furnished with modern furniture. 130 cm Hitachi TV, Panasonic home cinema, satellite TV.
Žukotrlica beach is 150 meters away.
Within walking distance are cafes and restaurants "BB", "Mediteran", "Konoba Sunce", 2 grocery stores and essential goods, a pharmacy and 2 bakeries.
To the city center of Bar on foot 20-25 minutes.
Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me

Liquidity calculation:

Renting 60 euros / day. Maximum occupancy 70 days per season. Profitability per season 4200. Booking expenses 15%

Profitability minus Booking 3570 euros.

Purchase and maintenance costs 105000+ 3210 (one-time property turnover tax upon purchase 3%) + 500 (annual tax + tour tax) = 111010.

Leasing monthly 400 euros / month 400 * 8 = 3200 euros

Total for the year 6770 euros.

Payback period 111010 euros / 6770 = 16.3 years. Profitability 6770*100/111010 = 6.09% 

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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