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One bedroom apartment in a new complex in Przno, Budva Riviera.

Montenegro
Budva
Pržno
One bedroom apartment in a new complex in Przno, Budva Riviera.

For Sale

One bedroom apartment in a new complex in Przno, Budva Riviera.

Pržno, Montenegro

96 000 € Request discount

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50 m²

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Specification

Total rooms: 1
Total area: 50 m²

Description

One bedroom apartment in a new complex in Przno, Budva Riviera.

Area - 50 sq.m.

2nd floor (there is an elevator)

Living room combined with kitchen, bedroom, bathroom, two terraces.

High-quality finishing materials.

The distance to the sandy beach is 400 meters.

Milocer Park is 750 meters away.

Calm place, beautiful view from the window.

Parking space - 15,000 euros

Liquidity calculation:

Rent 70 euros/day. Maximum occupancy 70 days per season. Profitability during the season 4900. Booking expenses 15%

Profitability minus Booking 4165 euros.

Possible monthly rental out of season for 350 euros per month for 8 months. Additional income for the year = 2800 euros. Total for the year: 6965 euros.

Costs of purchase and maintenance 84000+400 (annual tax + tax) + 280 (UK) = 84680.

Payback period 84680 euros / 6965 = 12.1 years. Profitability 6965*100/84680 = 8.2%

Calculations are given for 2022-2023.