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ID: 1.54
Profitable real estate

Highly profitable apartments on the 1st line of the sea in a complex

Location
Dobra Voda
Area
54m2
Number of bedrooms
1
meters to the sea
10
Updated on
25.03.2024
Price
145 000 €
Price per sq.m.
2685 €

We offer for sale investment apartments with 1 bedroom on the first line of the sea, with its own descent to a private beach - a club beach in a complex with swimming pools.

The apartment is located in the tourist heart of the Barskaya River - Dobra Voda.

The terrace, where the lounge area is organized, offers a breathtaking view of the sea,

- unique location - 1 line of the sea with its own descent to a private beach!

- children's and adult pools

- barbecue area

- High capitalization factor
- One of the favorite areas of Europeans for recreation
- Air conditioning system and heated floors for a comfortable stay

- Large terrace with lounge area

- Warm floors and air conditioning system

- Modern repairs and equipment!

- Parking

- An ideal highly profitable option for vacation and rental during the season!

Object characteristics:

The apartment has an area of 54 m2 and is located on the second floor. These apartments feature a modern style with elegant furnishings. Apartment structure: entrance hall, bathroom, one bedroom, living room combined with kitchen, terrace.

- Modern household appliances, satellite TV, WI-FI.

- A modern kitchen with built-in appliances unobtrusively fits into the overall interior of the apartment.

- The bathroom has expensive sanitary equipment and high-quality repairs.

- Well-thought-out, convenient layout of all apartments, excellent technical characteristics of the building, beach terraces and swimming pools, private parking make living here comfortable.

- The unique location of the apartments - 10 meters from the sea, with its own descent to the beach, gives its owners a luxurious opportunity to plunge into the Adriatic at any time.

 

Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me

Income:

1. Daily rental during the season: 100 euros * 80 days = 8,000 euros

2. Rent out of season: 700 euros * 8 months = 5,600 euros
Total income for the year: 8,000 euros + 5,600 euros = 13,600 euros

Expenses:

1. Advertising (only in season): 15% of 8,000 euros = 1,200 euros

2. Property turnover tax: 3% of 135,000 euros = 4,050 euros

3. Annual tax: 700 euros

4. Apartment maintenance: 400 euros
Total expenses for the year: 1,200 euros + 4,050 euros + 700 euros + 400 euros = 6,350 euros

Calculations of indicators of financial efficiency of investment in an apartment:

1. Net profit for the year: 13,600 euros (income) - 6,350 euros (expenses) = 7,250 euros

2. Marginal profit: Rental income (excluding fixed costs such as taxes) - advertising costs = 13,600 euros - 1,200 euros = 12,400 euros

3. Capital turnover ratio: 13,600 euros (annual income) / 135,000 euros (cost of apartment) = 0.1007 (or 10.07%)

4. Return on investment (ROI): 7,250 euros (net profit) / 135,000 euros (initial investment) = 0.0537 (or 5.37%)

5. Percentage of total expenses to total income: 6,350 euros (total expenses) / 13,600 euros (total income) = 0.4676 (or 46.76%)

These metrics give you an idea of how your investment is performing for you and what potential it has for future income.

Copying and reprinting of materials is possible if there is a link to the original source, namely our website tradegoria.me
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