Registry number: 5-0666472/001
New two-storey villa in Bar (Green Belt) with pool
For sale, new two-storey villa in Bar (Green Belt). The total area is 150 m2. The house is surrounded by cypresses and pines.
Distance to the beach 400 meters
On the ground floor of the villa there is: a fireplace room combined with a kitchen, a hall, a bathroom with a shower, a utility room (cloakroom). From the windows of the hall and the kitchen there is access to an open terrace with a beautiful view of the sea and mountains.
A staircase leads to the second floor where there are 3 cozy living rooms with terraces (sea view) and a bathroom. There is a parquet board on the floor of the rooms, air conditioners are installed everywhere. All interior doors are made of solid wood.
On a plot of 350 m2 there is a swimming pool and parking.
Liquidity calculation:
Renting 200 euros / day. Maximum occupancy is 90 days per season. Profitability per season 18000. Booking expenses 15%
Profitability minus Booking 15300 euros.
Possible monthly rent out of season for 1200 euros per month for 8 months. Additional income for the year = 9600 euros. Total for the year: 24900 euros. Purchase and maintenance costs 235000+1000(annual tax+tax)= 245000.
Payback period 245000 euros / 24900 = 9.8 years. Profitability 14050*100/221143 = 10.1%
Calculations are given for 2021-2022.