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Description
Description
One bedroom apartment in a new complex in Przno, Budva Riviera.
Profitability calculation
Liquidity calculation:
Rent 70 euros/day. Maximum occupancy 70 days per season. Profitability during the season 4900. Booking expenses 15%
Profitability minus Booking 4165 euros.
Possible monthly rental out of season for 350 euros per month for 8 months. Additional income for the year = 2800 euros. Total for the year: 6965 euros.
Costs of purchase and maintenance 84000+400 (annual tax + tax) + 280 (UK) = 84680.
Payback period 84680 euros / 6965 = 12.1 years. Profitability 6965*100/84680 = 8.2%
Calculations are given for 2022-2023.
Basic characteristics
- Reference ID: 165341
- Published: 28.08.2023
- Updated: 28.08.2023
- Real Estate Ad published by: Tradegoria
- Address: Przno
- Neighborhood: Pržno
- Price: 96,000€
- Square footage: 50m2
Pržno, Budva, Crna Gora
Pržno is located near Budva near the beach of the same name. Distance from Milocer and Milocer beach is 800 m. Pržno used to be a fishing village that has been turned into a modern tourist center. Also nearby are Hotel Maestral and Sveti Stefan. The Queen's Beach is a 5-minute walk away. Due to its ideal location and proximity to the beaches, Pržno is considered a prestigious tourist resort. Distance from Tivat airport is 33 km.