Four-storey house with a garage near the sea

New four-story house in Utekha near the sea

House area 195 m2

Plot - 200 m2

Sea view

Layout: on the ground floor there are 2 bedrooms, a bathroom, a corridor. On the 1st floor there is a garage of 12.7 m2, which can be converted into a room, a living room of 21.82 m2, a corridor, a terrace of 5.49 m2. On the 2nd floor there is a large living room of 26.9 m2, a bathroom, a large view terrace of 13.86 m2. On the third floor there is a bedroom of 8 m2, a patio for relaxation of 34.12 m2.

There is a plot in front of the house.

200 meters to the sea along steps to a small bay.

The nearest restaurant is 200 meters away.

The house is perfect for a summer holiday away from the hustle and bustle, as well as for seasonal rental.

Liquidity calculation:

Rent 200 euros/day. Maximum occupancy 70 days per season. Income per season 14000. Booking expenses 15%

Profitability minus Booking 11900 euros.

Possible monthly rental out of season for 1000 euros per month for 8 months. Additional income for the year = 8000 euros. Total for the year: 19,900 euros. Purchase and maintenance costs 180,000 + 800 (annual tax + tax) = 188,000.

Payback period 188,000 euros / 19,900 = 9.4 years. Profitability 19900*100/188000 = 10.6% 

Calculations are given for 2021-2022.