Apartment for Sale, 55m2, Bar

Description

A great opportunity to live by the sea in the heart of Bar!

We present to your attention a cozy apartment of 55 m2 on the fifth floor of a modern building with an elevator. For your convenience, there is free parking right at the entrance. Fully furnished and technically equipped housing awaits you: an entrance hall, a spacious living room with a dining room, a functional kitchen, a bedroom, a bathroom and a glazed terrace with panoramic views of the city. Just 350 meters from your home there is a picturesque embankment and a gentle sea. Do you like an active lifestyle? Everything is nearby: a school, a sports center, a playground, parks, a tennis court and a football field. The conveniences of city life are within walking distance: cafes, supermarkets, pharmacies and even a clinic. The apartment is ideal for both year-round living and investment in a rental business.

Don't miss the chance to become the owner of this unique property. Your ideal home by the sea is waiting for you!

Profitability calculation

Income:

1. Daily rental during the season: 60 euros * 100 days = 6,000 euros

2. Rent out of season: 450 euros * 7 months = 3,150 euros Total income for the year: 6,000 euros + 3,150 euros = 9,150 euros

Expenses:

1. Advertising (only in season): 15% of 6,000 euros = 900 euros

2. Annual tax: 350 euros Total expenses for the year: 900 euros + 350 euros = 1,250 euros

Calculations of indicators of financial efficiency of investment in an apartment:

1. Net profit for the year: 9,150 euros (income) - 1,250 euros (expenses) = 7,900 euros 2. Marginal profit: Rental income (excluding annual tax) - advertising costs = 9,150 euros - 900 euros = 8,250 euros 3. Capital turnover ratio: 9,150 euros (annual income) / 110,000 euros (cost of apartment) = 0.0832 (or 8.32%) 4. Return on Investment (ROI): 7,900 euros (net profit) / 110,000 euros (initial investment) = 0.0718 (or 7.18%) 5. Percentage of total expenses to total income: 1,250 euros (total expenses) / 9,150 euros (total income) = 0.1366 (or 13.66%)

These indicators allow you to evaluate the effectiveness of your investment in a given apartment and its potential for generating income.