Sale, Apartment Budva Ostalo, 72 m2
5-0666472/001
Sale
Apartment Budva, Ostalo
Address on request
340.000 €
4.722,2 € / m²
Bedrooms
2
Bathrooms
-
Floor space
72 m²
Area: 72m2 Floor: 3 Elevator: yes Structure of the apartment: Corridor, kitchen with dining area, living room, 2 bedrooms, bathroom, toilet, terrace with sea view. The apartment is completely south-oriented. Furnished: fully equipped kitchen and built-in wardrobes (included in the price). Profitability calculation Rental price 170 euros/day. Maximum occupancy 90 days in the season. Income in the season 15300. Booking costs 15% Net income after Booking 13005 euros. Possible monthly rental off-season for 700 euros per month for 8 months. Additional income for the year = 5600 euros. Total for the year: 18605 euros. Costs of purchase and maintenance 340000+ 10200 (one-time property turnover tax 3%)+800 (annual tax+fee)+580 (Management Company)= 351580. Payback period 351580 euros/ 18605 = 18.9 years. Profitability 17075*100/351580 = 5.3% Calculations are based on the years 2021-2022.
Features
No Data
Loan Calculator
Down Payment
20.0%5%
50%
Amount: 68.000 €
Interest Rate
4.50%1%
8%
Term
25 yr5 yr
35 yr
Property price
340.000 €
Down Payment
68.000 €
Loan
272.000 €
Interest
181.559 €
Monthly payment amount
1.512 €
Tradegoria DOOСветлана Замотина
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