For easier gallery navigation, you may use keyboard arrows.
Description
Description
A masterpiece on the coast: Your ideal home by the sea!
Imagine a three-story house with an area of 180 m², where every morning you can enjoy a stunning view of the sea bay and Malevik beach. Add to this another 50 m² of a cozy terrace and 20 m² of balcony - a place where you can drink your morning coffee or spend the evening with a glass of wine while enjoying the sunset.
The house includes: - 5 comfortable bedrooms where everyone will find privacy. - Separate apartment on the ground floor - ideal for guests or rental. - Living room with kitchen on the second floor, where you can arrange cozy family dinners. - Two balconies on the third floor offering a breath of luxury and stunning views.
In addition to comfort, the house is equipped with everything you need: electric underfloor heating, inverter air conditioners and fast Internet (160 mgps). The plot of 482 m² has a terraced garden with fruit trees, as well as parking and a garage.
The location of the house is a separate plus. A quiet, green place with no highways or train tracks between you and the beach. Just 10 minutes walk and you are on the beach!
The house underwent a complete reconstruction in 2019 and is 100% legalized. And lastly: construction of a luxury resort is starting nearby, which makes this place even more attractive and promising in terms of investment.
Don't miss the chance to become the owner of this pearl on the coast of the Bar Riviera!
Profitability calculation
ROI Calculation
Let's calculate the income, expenses and financial indicators for the villa based on the data provided.
Income:
1. Daily rent: 350 euros * 130 days = 45,500 euros
Total income for the year: 45,500 euros
Expenses:
1. Advertising: 15% of 45,500 euros = 6,825 euros
2. Annual tax: 690 euros
Total expenses for the year (excluding property turnover tax): 6,825 euros + 690 euros = 7,515 euros
Calculations of indicators of financial efficiency of investments in a villa:
1. Net profit for the year: 45,500 euros (income) - 7,515 euros (expenses) = 37,985 euros
2. Marginal profit: Rental income - advertising costs = 45,500 euros - 6,825 euros = 38,675 euros
3. Capital turnover ratio: 45,500 euros (annual income) / 345,000 euros (villa price) = 0.1319 (or 13.19%)
4. Return on investment (ROI): 37,985 euros (net profit) / 345,000 euros (initial investment) = 0.1101 (or 11.01%)
5. Percentage of total expenses to total income: 7,515 euros (total expenses) / 45,500 euros (total income) = 0.1652 (or 16.52%)
These metrics give you an idea of how your investment is performing for you and what potential it has for future income.
Basic characteristics
- Reference ID: 187762
- Published: 26.10.2023
- Updated: 26.10.2023
- Real Estate Ad published by: Tradegoria
- Address: Sutomore
- Neighborhood: Sutomore
- Price: 345,000€
- Square footage: 250m2
Sutomore, Bar, Crna Gora
Sutomore is a town in the municipality of Bar, which has about 2000 inhabitants. A small coastal town can be divided into three parts: Polje - the eastern part where most of the population lives, the coast - a promenade along the beach that is 2 km long. And the surrounding settlements (Mišići, Nehaj Brca, etc.). The coast and Polje are connected by the main street where the school, kindergarten, health center and post office are located. Sutomore has a long beautiful beach with fine sand bordered by a wall that divides it with a promenade surrounded by cafes and restaurants with live music. That is why the "guests" of Sutomore are mostly young people. The main beach in Sutomore is one of the largest beaches on the Montenegrin coast, which with warm water and sunny days offers tourists a long bathing season from May to October. By exploring the beaches on the coast you will surely decide to buy a house or apartment in Sutomore.