High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
High-income apartments on the 1st line of the sea in the complex
For Sale

High-income apartments on the 1st line of the sea in the complex

Dobra Voda, Montenegro

170 000 € Request discount

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1
54 m²
  • Total rooms: 1
  • Total area: 54 m²

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 Bar River - Dobra Voda.

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

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

- children's and adult's pool

- barbecue area

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

- Large terrace with lounge area

- Heated floors and air conditioning system

- Modern repairs and equipment!

- Parking

- An ideal high-income option for holidays and seasonal rental!

Object characteristics:

The apartment of 54 m2 is located on the second floor. This apartment stands out for its modern style with elegant furnishings. The structure of the apartment: hallway, bathroom, one bedroom, living room combined with kitchen, terrace.

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

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

- The bathroom has expensive plumbing fixtures 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 rent during the season: 100 euros * 80 days = 8,000 euros

2. Off-season rental: 700 EUR * 8 months = 5,600 EUR
Total income for the year: 8,000 EUR + 5,600 EUR = 13,600 EUR

Expenses:

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

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 + €4,050 + €700 + €400 = €6,350

Calculations of financial performance indicators for investments in an apartment:

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

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

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

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

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

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


Property Code: 26903

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