Sale, Apartment Bar Dobre Vode, 54 m2

Investment apartments with 1 bedroom are offered for sale on the first sea line, with their own descent to a private beach - club beach in a complex with pools. The apartment is located in the tourist heart of the Bar River - Dobra Voda. From the terrace, where a lounge area is organized, there is a breathtaking view of the sea, - unique location - 1st sea line with its own descent to a private beach! - children's and adult pool - barbecue area - High capitalization factor - One of the favorite areas of Europeans for vacation - Air conditioning system and underfloor heating for comfortable rest - Large terrace with lounge area - Underfloor heating and air conditioning system - Modern renovation and appliances! - Parking - Ideal high-income option for vacation and seasonal rental! Object characteristics: Apartments with an area of 54 m² are located on the second floor. These apartments are advantageously distinguished by a modern style with elegant furnishings. Apartment structure: hallway, bathroom, one bedroom, living room combined with kitchen, terrace. - Modern household appliances, satellite TV, WI-FI. - Modern kitchen with built-in appliances unobtrusively fits into the overall interior of the apartment. - The bathroom is equipped with expensive sanitary ware and high-quality renovation has been done. - Well-thought-out, convenient layout of all apartments, excellent technical characteristics of the building, beach terraces and pools, own parking make living here comfortable. - Unique location of the apartments - 10 meters from the sea, with its own descent to the beach, gives its owners a luxurious opportunity to plunge into the Adriatic at any moment. Profitability calculation Income: 1. Daily rental in season: 100 euros * 80 days = 8,000 euros 2. Off-season rental: 700 euros * 8 months = 5,600 euros Total annual income: 8,000 euros + 5,600 euros = 13,600 euros Expenses: 1. Advertising (only in season): 15% of 8,000 euros = 1,200 euros 2. Property turnover tax: 3% of 135,000 euros = 4,050 euros 3. Annual tax: 700 euros 4. Apartment maintenance: 400 euros Total annual expenses: 1,200 euros + 4,050 euros + 700 euros + 400 euros = 6,350 euros Calculations of financial efficiency indicators for investments in the apartment: 1. Net profit per year: 13,600 euros (income) - 6,350 euros (expenses) = 7,250 euros 2. Marginal profit: Rental income (without accounting for fixed expenses such as taxes) - advertising expenses = 13,600 euros - 1,200 euros = 12,400 euros 3. Capital turnover ratio: 13,600 euros (annual income) / 135,000 euros (apartment cost) = 0.1007 (or 10.07%) 4. Return on investment (ROI): 7,250 euros (net profit) / 135,000 euros (initial investments) = 0.0537 (or 5.37%) 5. Percentage ratio of total expenses to total income: 6,350 euros (total expenses) / 13,600 euros (total income) = 0.4676 (or 46.76%) These indicators give an idea of how your investment works for you and what potential it has for further income.