Registry number: 5-0666472/001
Unique luxury apartment in Skocidevojka
Budva, Skocidevojka – unique luxury apartment in a prime location
Apartment size: 152m2;
Floor: 2:
Bedrooms: 2;
Bathrooms: 2 + toilet;
Three-room apartment of 152 m2, in a building whose excellence and exclusivity have been
to perfection with state-of-the-art design, supreme luxury, stunning location and sea views,
which are not found in other places in Montenegro.
The apartment consists of two bedrooms with en-suite bathrooms, an additional guest toilet, large living space,
consisting of a living room, dining room and kitchen. Both bedrooms and living room have direct access to a large terrace
with 180 degree sea views from the highest floor of the building.
The complex also includes a communal outdoor infinity swimming pool (15 m x 6 m), a large secure parking lot,
communal storage room (10 m), active alarm and video surveillance system and maintenance service.
The location of the complex was chosen carefully; it is located at an altitude of 52 m above sea level, on the top of a cliff.
High-quality materials from well-known manufacturers, such as: facade panels "Sv. Petar" (Brac, Croatia),
sanitary ware "Gessi" (Italy), windows (3.5m 5.5m x 2.7m) "Shucco" (Germany), parquet Listone Giordano" (Italy),
"Ceramics "Sicily" (Italy), "Lualdi Porte" (Italy), "Fireplaces Piazzetta" (Italy), auxiliary system
power supplies for solar panels (Germany), Daikin, air conditioning, video camera and many others.
Profitability minus Booking 23800 euros.
Possible monthly rental out of season for 1,500 euros per month for 8 months. Additional income for the year = 12,000 euros. Total for the year: 35,800 euros.
Costs of purchase and maintenance 850000+1500 (annual tax + tax) + 800 (UK) = 852300.
Payback period 852300 euros / 35800 = 23.8 years. Profitability 35800*100/852300 = 4.2%
Calculations are given for 2021-2022.