Three Bedroom Apartment for Sale, 90m2, Bar
Bar, Crna Gora
228,000 €
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Description
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*06*/****-*** = 8.3%
Calculations are given for 2021-2022.
Basic characteristics
Reference ID: 143067
External ID: 940
Number of rooms: 3
Distance from the sea: 100
Content
Unfurnished
- Reference ID: 143067
- Published: 09.06.2023
- Updated: 09.06.2023
- Real Estate Ad published by: Tradegoria
- Address: Bar
- City: Bar
- Price: 228,000€
- Square footage: 90m2
Bar, Crna Gora
The geographical position of the city is between the Adriatic Sea and Skadar Lake. With 270 sunny days a year, Bar is one of the sunniest cities in Europe. It is surrounded by high mountains Rumija, Sutorman and Lisinj. Due to the ideal sea temperature which reaches 26 degrees during hot days, long and warm summers, and beaches with a total length of 9km, Bar is one of the main tourist destinations in Montenegro. The old part of Bar mentioned in documents from the IX century with its beautiful panorama of the whole city and an unforgettable sea view is one of the many tourist attractions of the Bar municipality. At the entrance to the old town is the oldest olive tree in the world, between 2000 and 2500 years old. Of the numerous events that take place in Bar, the biggest are: days of wine and bleak, Bar Chronicle, olive grove, bone festival and meetings under the old olive tree. Going west you come to the small town of Sutomore located along a long beautiful sandy beach with a number of hotels, restaurants and cafes.
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