Registry number: 5-0666472/001
Three-storey house in Stoliv on the first coastline
Three-storey house in Stoliv on the first coastline.
Stoliv is one of the most favorable climate places in the Bay of Kotor. Only in the afternoon, the soft sun gently caresses vacationers in this prestigious vacation spot for Montenegrins. Only mild sun is good for health and skin in particular. From the house to the Old Town and the port "Kotor" 1 kilometer along the coast. Very convenient social location - 7 minutes to the airport, 2 minutes to the ferry across the bay, 3 minutes to the historic center. The beach is near the house and the city is a five-minute walk away.
The house has city sewerage and water supply. Palm trees grow on the plot and there is a barbecue area.
Layout:
1st floor: living room with kitchen. the sofa in the living room unfolds. terrace (table + chairs)
Garage for one car attached to the house.
The house is three floors, possibly the fourth floor has already been pre-prepared.
Each floor has a full bathroom.
On the second floor there is a working fireplace.
Successful layout, the presence of a terrace, large balconies, incomparable palm trees.
The house is built from the highest quality and durable materials. The quality of construction is very high.
Own descent to the bay, there is the possibility of adding another floor with a terrace, friendly neighbors.
A very cozy place.
Documents without restrictions.
Price: 425,000 euros
Liquidity calculation:
Renting 500 euros / day. Maximum occupancy 70 days per season. Profitability per season 35000. Booking expenses 15%
Profitability minus Booking 29750 euros.
Purchase and maintenance costs 425000 + 12750 (one-time property turnover tax upon purchase 3%) + 2000 (annual tax + tax) = 439750.
Payback period 439750 euros / 29750 = 14.8 years. Profitability 29750*100/439750 = 6.8%
Calculations are given for 2021-2022.