The VUELO SOBRE BECICI complex (translated from Spanish as “flight over Becici”) is located on the hillside of the Budva Riviera, in Becici in a pi

The VUELO SOBRE BECICI complex (translated from Spanish as “flight over Becici”) is located on the hillside of the Budva Riviera, in Becici in a picturesque, ecologically clean place, with a unique urban landscape. The distance from city noise, as well as the abundance of vegetation, creates an atmosphere for relaxation and tranquility. Mountain air not only creates a pleasant coolness in summer, but also has a restorative effect on the entire body. He is rapidly becoming stronger, stronger, more resilient. A surge of strength, vigor, and energy will appear. Our architects designed the building so that almost every apartment has views of the sea, mountains and city. And you will be able to enjoy beautiful views, receiving real aesthetic pleasure.

The peculiarity of the complex is that it is located 10 minutes from the Becici embankment, in close proximity to key infrastructure and entertainment. For walks and relaxation there is a 7 km long embankment, 3 large beaches within walking distance. The old town of Budva is a 20-minute walk along the embankment. Tivat airport is 30 minutes by car, Podgorica airport is 1 hour. Residents have access to a rooftop swimming pool where they can sunbathe and enjoy excellent views of the sea, covered underground parking for 105 spaces with individual storage rooms and a gym, a cozy courtyard with playground.

Square

53.28 m2 (1 bedroom) - 155,844 euros

53.88 m2 (1 bedroom) - 158,946 euros

Profitability calculation

Liquidity calculation:

Rent 60 euros/day. Maximum occupancy 90 days per season. Profitability during the season 5400. Booking expenses 15%

Profitability minus Booking 4590 euros.

Possible monthly rental out of season for 4,00 euros per month for 8 months. Additional income for the year = 3200 euros. Total for the year: 7790 euros.

Costs of purchase and maintenance 119889+400(annual tax+tax)+300(UK)= 120589.

Payback period 120589 euros / 7790 = 15.5 years. Profitability 7790*100/120589 = 6.5% 

Calculations are given for 2021-2022.