Studio in a new house by the sea

bb, Ilino, Bar
  • Property type
    Apartments
  • Country, city
    Montenegro, Bar
  • Number of bedrooms
    Studio
  • Total area
    20 м2

Description

Studio for sale in a new house by the sea Location : first floor of a new building, the beach is just across the road - a great offer for a holiday or investment. About the apartment : Area : 20 m² + 20 m² terrace – an ideal combination of interior space and outdoor recreation area. View : Mountain view – enjoy the natural beauty and tranquility. Condition : the apartment is fully furnished and ready for occupancy. Advantages : Unique location – just a few steps to the beach. The spacious terrace is ideal for entertaining guests or relaxing in the fresh air. New house with modern infrastructure. Price : 74,000 € – a great offer near the sea! ✨ Ideal for living, vacation or renting. Calculation of profitabilityIncome: Daily rent during the season: 50 EUR (average price per day) * 90 days = 4,500 EUR Off-season rental: 300 EUR (monthly rental price) * 8 months = 2,400 EUR Total income for the year: 4,500 EUR + 2,400 EUR = 6,900 EUR Expenses: Advertising (seasonal only): 15% of income per season: 4,500 euros * 0.15 = 675 euros Apartment maintenance: Annual service cost: 210 euros Annual tax: Property tax: 300 euros Management company expenses: 20% of total income: 6,900 EUR * 0.20 = 1,380 EUR Total expenses for the year: 675 euros (advertising) + 210 euros (maintenance) + 300 euros (tax) + 1,380 euros (management company) = 2,565 euros Calculations of financial performance indicators: Net profit for the year: 6,900 EUR (income) - 2,565 EUR (expenses) = 4,335 EUR Marginal profit: Rental income (excluding fixed costs such as taxes and management company) - advertising and management company costs = 6,900 euros - (675 euros + 1,380 euros) = 4,845 euros Capital turnover ratio: 6,900 EUR (annual income) / 74,000 EUR (apartment price) = 0.0932 (or 9.32% ) Return on Investment (ROI): 4,335 EUR (net profit) / 74,000 EUR (initial investment) = 0.0586 (or 5.86% ) Percentage of total expenses to total income: 2,565 EUR (total expenses) / 6,900 EUR (total income) = 0.3717 (or 37.17% ) Conclusion: This apartment brings: Net profit : 4,335 euros per year Return on Investment (ROI) : 5.86% Capital turnover ratio : 9.32% Total expenses make up 37.17% of income , including management company services. An apartment is a stable asset for generating income, especially when rented out seasonally.

Specifications
FurnishingNo
Swimming poolNo
TerraceNo
GardenNo
Sea viewNo
Mountains viewNo
Constraints
Passenger elevatorNo
Location
bb, Ilino, Bar
74,000 €
Rental term
  • Per month ·
    Bills included
  • Per day ·
6 days ago
Sale
Show phone number