Duplex apartment with 3 bedrooms in the city of Bar, Ilyino district, 100 meters from the sea.

Apartment structure:
First fl...

Property ID: TRGI-5.68

Price:
228.000 €

Living space:
90 sq. m.

Property description

Duplex apartment with 3 bedrooms in the city of Bar, Ilyino district, 100 meters from the sea.

Apartment structure:
First floor of the apartment:
Corridor, living room combined with kitchen, bedroom, bathroom, terrace with side sea views
Second floor of the apartment:
2 bedrooms, bathroom with shower.
The apartment is located in a new building with an elevator.
There is an opportunity to purchase a garage space at a price of 12,500 euros
100 meters to the sea
300 meters to school
800 meters to the city center

Profitability calculation

Liquidity calculation:

Rent 100 euros/day. Maximum occupancy 90 days per season. Profitability during the season 9000. Booking expenses 15%

Profitability minus Booking 7650 euros.

Possible monthly rental out of season for 800 euros per month for 8 months. Additional income for the year = 6400 euros. Total for the year: 14,050 euros. Purchase and maintenance costs 166500+800 (annual tax + tax) = 167300.

Payback period 167300 euros / 14050 = 11.9 years. Profitability 14050*100/167300 = 8.3% 

Calculations are given for 2021-2022.

Details

Type of apartment: Single storey apartment


Remarks

The information provided by us is based on information provided by the seller or the seller. For the correctness and completeness of the information, no responsibility or liability can be accepted. An intermediate sale and mistakes are reserved.

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Red Panda Properties, Inh. Mario Totzek

Phone: +49 341 319 580 31
Mobile phone: +49 1746224477

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