Registry number: 5-0666472/001
Excellent apartment in Bar with fireplace
Excellent apartment in Bar with fireplace
Main advantages:
- Spacious area: 85 m2 of your personal comfort.
- Location on the third floor: guarantee of privacy and beautiful views, while the house does not have an elevator.
- Own parking space right in front of the house.
Inside you will find:
- Bright and cozy living room.
- Functional kitchen.
- Three spacious bedrooms.
- Comfortable bathroom.
- Modern renovation and fireplace for warm evenings.
- Partial furniture that will allow you to give a personal touch to the interior.
Proximity to nature and infrastructure:
- Only 1200 meters to the sea and the beautiful embankment.
- Within walking distance of a school, supermarket and bus stop.
Additional bonuses:
- An ideal place for year-round living.
- Excellent investment opportunity: the apartment is suitable for rent!
All this is available for 85,000 euros!
Don't miss the opportunity to become the owner of a cozy home in the wonderful area of Bar!
1. Initial investments:
- Apartment price: 85,000 euros
- Property turnover tax: 2,550 euros
- Total investment amount: 87,550 euros
2. Annual rental income: long-term rental 500 euros/month = 6,000 euros/year
3. Return on investment (ROI - Return on Investment):
ROI = (6,000 euros / 87,550 euros) x 100 = 6.85%
Thus, the return on investment is approximately 6.85% per year. This is an indicator of the effectiveness of the investment, and it says that each year you will receive 6.85% of the initial cost of the investment as rental income (not taking into account possible costs of maintaining the apartment, repairs and other factors).
To complete the picture, it is also worth considering:
- Depreciation of the apartment: Over time, the cost of the apartment may change (both up and down) depending on the state of the real estate market, development of the area and other factors.
- Maintenance costs: Regular expenses for apartment maintenance, utilities, possible repairs, etc.
- Risk of vacancy: The time during which an apartment may remain empty between tenants, which will reduce annual income.
Based on the current analysis, the investment looks quite attractive in terms of annual returns. However, the final decision should be made taking into account a full range of factors, including those listed above.
4. Payback period = 87,550 euros / 6,000 euros = 14.59 years
Therefore, the payback period for this investment is approximately 14.59 years. This means that if current conditions remain the same (500 euros per month rent without interruptions and additional costs), the invested funds will be “returned” in the 15th year.