House with a plot in picturesque Kolasin

House with a plot in picturesque Kolasin for sale!

House 112 m² + terrace 26 m²
Land area: 1000 m²
Location: Kolasin
Price: 80,000 euros

Spacious house with a terrace
Large plot of land for recreation or additional buildings
Picturesque place, clean air and beautiful nature

All communications are connected.

Financial calculation for renting a house in Kolasin

1. Summer season:

   • June (60 euros/day, 14 days): 60 x 14 = 840 euros
   • July (80 EUR/day, 55 days): 80 x 55 = 4,400 EUR
   • August (80 EUR/day, 55 days): 80 x 55 = 4,400 EUR
   • September (70 euros/day, 14 days): 70 x 14 = 980 euros
   • October (60 euros/day, 10 days): 60 x 10 = 600 euros

2. Winter season:

   • December (90 EUR/day, 14 days): 90 x 14 = 1,260 EUR
   • January (90 EUR/day, 23 days): 90 x 23 = 2,070 EUR
   • February (70 euros/day, 14 days): 70 x 14 = 980 euros
   • March (60 euros/day, 10 days): 60 x 10 = 600 euros

Total income for the year:
840 + 4,400 + 4,400 + 980 + 600 + 1,260 + 2,070 + 980 + 600 = 16,130 euros

1. Advertising (summer season only, 15% of summer income):
   • (840 + 4,400 + 4,400 + 980 + 600) × 0.15 = 1,044 euros
2. Housekeeping: 210 euros
3. Annual tax: 400 euros

Total expenses for the year:
1.044 + 210 + 400 = 2.293 euros

1. Net profit for the year:
   16,130 EUR (income) - 2,293 EUR (expenses) = 13,837 EUR

2. Marginal profit (income excluding taxes and services):
   16,130 euros - 1,044 euros (advertising) = 14,447 euros

3. Capital turnover ratio:
   16,130 EUR (annual income) ÷ 80,000 EUR (house value) = 0.2016 (or 20.16%)

4. Return on Investment (ROI):
   13,837 EUR (net profit) ÷ 80,000 EUR (initial investment) = 0.1729 (or 17.29%)

5. Total expenses to income ratio:
   2,293 EUR (total expenses) ÷ 16,130 EUR (total income) = 0.1422 (or 14.22%)

Conclusion:

The investment in this house yields a net annual profit of 13,837 euros .
The house pays for itself in 5.78 years, assuming current prices and demand remain the same.