145,000 € (1,543 €/m²)

94 m²

2 Room

Sale, two bedroom apartment, 94m², Utjeha, Ulcinj

Utjeha, Ulcinj Crna Gora

Property description

Description

Apartment for sale in a quiet and cozy place in the village of Utekha on the Bar Riviera.

The apartment consists of a living room, a terrace, two bedrooms and a bathroom with a shower.

Area 94 m2, 2nd floor, sea view.

Distance to the beach is 300 meters.

Payment in rubles is possible

Profitability calculation

Liquidity calculation:

Rental price: 80 euros/day. Maximum occupancy: 60 days per season. Seasonal yield: 4800 euros. Booking expenses: 15%.

Profitability minus Booking 4080 euros.

Costs of purchase and maintenance 120,000 + 400 (annual tax + fee) = 120,400.

Monthly rent: 350 euros/month 350*8 = 2800 euros

Total for the year: 6880 euros.

Payback period: 120,400 euros/6,880 = 17.5 years. Profitability: 6,880*100/120,400 = 5.7%.

Calculations are given for 2021-2022.

Real estate details

Ad ID

430671

Published

10.07.2025

Property Type

Apartment

Area

94m²

Rooms

Bathrooms

N/A

Location

Utjeha

Utjeha, Ulcinj

Price

145,000 €

1,543 € per m²

Agency

Tradegoria

Loan calculator

Property parameters

Property price (€)

Area (m²)

Price per m²: 1542.55 €

Down payment 20%

10%50%

Down payment 29,000 €

Interest 3.5%

1%8%

Period: 30 years

5 yr35 yr

Calculation result

Monthly installment

521 €

360 total installments

Loan amount

116,000 €

Down payment

29,000 €

Total interest

71,521 €

Total payment

187,521 €

Note:

This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Average prices of two-bedroom apartments - Ulcinj

Utjeha

Ulcinj

This property's price is 0% higher than the average price of a two bedroom apartment in Ulcinj

Average price: 0.00 €/m²

This property is 0% larger then the average size of a two bedroom apartment in Ulcinj

Average size: 0 m²

Regulatory information

Agency (intermediary)

Tradegoria

Registration number

Location

Ulcinj

Utjeha

Area

94m²

Structure

2 Rooms

Property Type

Apartment

This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.