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Rafailovichi is a village in the Budva Riviera

  • 1 700 000 €
  • Category: Construction
  • Floor area 0 m2
Last Updated: more than 2 weeks

Rafailovichi is a village in the Budva Riviera. 2.5-3 km from Budva. A common pedestrian zone, embankment connect Budva, Becici and Rafailovici. It is a sandy beach line (rare in Montenegro). That is why, all the chains of 4-5 star hotels are located here. Such as Splendid, Mediteran, Montenegro, Iberostar and of course the famous Dukley (Polonsky project) All tourist infrastructure is concentrated along the sea: restaurants, bars, playgrounds, shops   Rafailovici in the past is a fishing village, still preserved its authenticity. There are several fish restaurants and fish and seafood can be bought directly from the fishermen.   In the price category, the Rafailovici are valued almost as much as St. Stephen. The average price during the peak season (July-August) for an apartment of a bedroom + living room structure (for 4 guests) can easily be set to Gross 90   The occupancy rate of the apart-hotel in this area is pessimistic for 70 nights in the period June-September. But, of course, May and October are also workers. Then winter rent is possible until May for 350 e per month.   Apartments in this area are easily sold at 3000 e per square meter.   Offered for purchase:   870 sq.m. land (on 1 line!) Building permission is 2800 km. + 460 sq. m (garage) GROSS 2156 sq. m + 15 parking spaces NET   The selling price at this place is 3,000 euros   There is a ready-made apartment hotel project with all the documentation PILES ARE NOT REQUIRED, which significantly reduces the cost of construction Geodetic work was carried out.     Price 1 700 000 e       Costing: Plot of land 870 m2 The envisaged object is 2800 m2 + two-level garage 2x460 m2 = 920 m2 Net area (that is, without entrances and flights of stairs) 1150 m2 + 20 garage spaces (correct it at the top there, I wrote 15 garage spaces)   Receipt calculation: Square meters for sale 2,150 m2 x 3,000 euros = 6,450,000 euros Garages 20 x 15,000 = 300,000 euros Utilities have already been paid (water and electricity supply and approval) for 90,000 euros   Total arrival: 6,450,000 + 300,000 + 90,000 = 6,840,000 euros   Calculation of flow: Plot price € 1,700,000 Building price (hands + material) 2150 m2 x 600 e / m2 = 1,290,000 euros Two garage levels 920 m2 x 250 euros / m2 = 230,000 e Utilities 290 e / m2 x 2800 m2 (minus 20% for cash payment) = 650,000 euros Project + supervisory authorities 20e / m2 x 3700 m2 with garage = 74000 e   Total consumption: 1,700,000 e + 1,290,000 e + 230,000 e + 650,000 e + 74,000 e = 3,737,000   Income: 6 848 000 е - 3 737 000 е = 3 111 000 е

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