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