Registry number: 5-0666472/001
Spacious apartment with a terrace and sea views in the center of Bar
Spacious apartment with a terrace and sea views in the center of Bar
Main characteristics:
- flat area 104 m2, for families with one or two children.
- 8th floor
- panoramic view of the sea, the temple and the city
- 400 meters from the sea and the promenade on the flat terrain;
- a new promising area in which the construction of one of the best Soho-City apart-hotels has been completed
- Large public car park
- floors - parquet board;
- terrace with lounge area.
- in the living room there is a recreation area, a dining area combined with a kitchen.
- built-in kitchen with refrigerator and breakfast bar, dishwasher, cooking zone with oven. Exit to the terrace.
- 2 separate bedrooms
- additional convenience for families with children 2 bathrooms (4.7 m2 and 2.15 m2), one of which is with a bathtub .
- the second spacious bedroom (12.5m2) also has access to the terrace
- entrance hall (3.8 m2)
- in the kitchen there is a kitchen set with German appliances
- the presence of a ramp for lowering and raising wheelchairs and prams
- the possibility of accommodation for guests with diseases of the musculoskeletal system for the purpose of recovery on the Adriatic Sea
Location - the center of the city of Bar.
- 250 meters to the school;
- to the sports center 50 meters
- 20 meters to the central playground
- the proximity of the clinic is about 300 meters;
- 2 parks, a tennis court, a football field are located nearby;
- within walking distance of cafes, supermarkets, pharmacies.
- below market price!
And also the apartment can be used for rent!
- high capitalization factor
- safety of investments
- one of the favorite areas for tourists
- successful transport interchange, which affects the efficiency of the asset
- air conditioning system for a comfortable stay
When buying a residence permit registration as a gift!
Duration of the season in Bar - 90 days
The price of renting an apartment - 80-100 euros
Gross income for June - 80*30= 2400
Gross income for July and August 100*60 = 6000
Total for the summer gross income of 8400 euros.
Booking expenses 15% 1260 euros
Revenue from short-term rental 8400-1260 = 7140 euros
Long-term apartment for rent from September to May. 450 euro/ month
Gross long term rental income 450*9 = 4050
Total gross income for the year: 7140 + 4050 = 11190 euros / year
Payback period = 250,000/11190 = 22 years
Profitability calculation 11190*100/250000 = 4.5%
High capitalization factor
Safety of investments