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ID: 303
Agency: Tradegoria
Registry number: 5-0666472/001
Registry number: 5-0666472/001
Studio in the center of Budva
Location
Budva
Area
24m2
meters to the sea
400
Updated on
06.04.2023
Price
69 000 €
Price per sq.m.
2875 €
Studio in the center of Budva.
Area 24 sq.m. + terrace.
The apartment is completely ready for living. There are all necessary equipment.
Excellent location:
To the sea - 5 minutes on foot.
To the shopping center PLAZA - 2 minutes on foot.
The windows overlook a quiet courtyard.
The apartment is perfect for both year-round living and for renting out.
Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me
Renting 60 euros / day. Maximum occupancy is 90 days per season. Profitability per season 5400. Booking expenses 15%
Profitability minus Booking 4590 euros.
Possible monthly rent out of season for 300 euros per month for 8 months. Additional income for the year = 2400 euros. Total for the year: 6990 euros.
Purchase and maintenance costs 69000 + 2070 (one-time property turnover tax 3%) + 400 (annual tax + tax) = 71470.
Payback period 71470 euros / 6990 = 10.2 years. Profitability 6990*100/71470 = 9.7%
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