Registry number: 5-0666472/001
Villa in a gated community in Bigovo
Bigovo is an old fishing village, known in all guidebooks of Montenegro as an authentic fishing village, where there is a pier for boats and yachts and a wonderful fish restaurant. In the near future, it is planned to build a new ultra-modern complex BIGOVO-BAY in Bigovo Bay.
On the promenade by the sea, a wonderful fish restaurant, cafe and beach bar.
Bigovo is located near the famous cultural and historical centers of Montenegro: 20 minutes by car to Budva, 15 minutes to Kotor, 10 minutes to Tivat.
Our gated community consists of 11 residential buildings, a security house and a swimming pool.
The guard-manager lives permanently in the village. On the territory of the village - an old olive grove and centuries-old pines.
In walking distance - a small store with all the necessary set of products.
The nearest large supermarket is 9 km away.
On the waterfront there are 2 restaurants and a shop.
Beach: equipped, medium pebbles; on the beach you can rent sun loungers, rent inexpensive boats and expensive yachts.
Description of the house:
• 2 floors;
• 4 bedrooms;
• living room + dining room-kitchen;
• 2 bathrooms;
• 2 large terraces (open and closed);
• air conditioners in every room;
• washing machine;
• kitchen with built-in appliances. refrigerator, dishwasher, drinking water cooler;
• TV (availability of Russian channels);
• Satellite Internet;
• furniture;
• sea view from the 2nd floor;
• basement;
• private parking place in front of the house.
Liquidity calculation:
Renting 400 euros / day. Maximum occupancy is 90 days per season. Profitability per season 36000. Booking expenses 15%
Profitability minus Booking 30600 euros.
Possible monthly rent out of season for 1000 euros per month for 8 months. Additional income for the year = 8000 euros. Total for the year: 38,600 euros. Purchase and maintenance costs 400,000 + 1,000 (annual tax + tax) = 401,000.
Payback period 401,000 euros / 38,600 = 10.4 years. Profitability 38600*100/401000 = 9.6%
Calculations are given for 2021-2022.