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0 800 302 307

+380972753333
+380952753333
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Two bedroom apartment with direct sea view

Montenegro
Bar
Two bedroom apartment with direct sea view

For Sale

Two bedroom apartment with direct sea view

Bar, Montenegro

265 000 € Request discount

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79 m²

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Description

We offer for sale a two-bedroom apartment with a total area of 79 m2, 100 meters from the sea in the city of Bar.

Apartment structure:

Hallway with a large built-in closet

Living room with panoramic windows and direct sea view, glazed terrace

Dedicated kitchen with large window

Bedroom 1, sea view

Bedroom 2

Bathroom with shower

The apartment is located in a new building with an elevator, the city of Bar, the Ilyino district

There is an opportunity to buy a garage space for 12,500 euros

100 meters to the sea

300 meters to school

800 meters to the city center

Price: 250,000 euros

Liquidity calculation:

Rent 80 euros/day. Maximum occupancy 90 days per season. Income per season 9000. Booking expenses 15%

Income minus Booking 7920 euros.

Possible monthly rent out of season for 800 euros per month for 8 months. Additional income per year = 6400 euros. Total for the year: 14320 euros. Purchase and maintenance costs 250000+700(annual tax+tax) = 250700.

Payback period 250700 euros/ 14320 = 17.5 years. Profitability 14320*100/250700 = 5.7%

Calculations are given for 2021-2022.