One Bedroom Apartment for Sale, 50m2, Pržno, Budva

Pržno, Budva, Crna Gora

96,000 €
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
  • One Bedroom Apartment for Sale, 50m2, Pržno, Budva
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Description

Description

One bedroom apartment in a new complex in Przno, Budva Riviera.

Area - 50 sq.m.
2nd floor (there is an elevator)
Living room combined with kitchen, bedroom, bathroom, two terraces.
High-quality finishing materials.
The distance to the sandy beach is 400 meters.
Milocer Park is 750 meters away.
Calm place, beautiful view from the window.
Parking space - 15,000 euros

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
External ID: 994
Distance from the sea: 400
Number of rooms: 1
  • 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.

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