PANORAMA TIVAT in Tivat

Name: Sales in PANORAMA TIVAT started!
Start: 2021-11-01T11:17:34.034659+00:00
End: 2023-12-31T23:59:59+0000
Location: PANORAMA TIVAT

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Project info

Object ID: 15477

Finished at	December 2018
Price, m²	From 1800$
Housing class	Economy
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.90 m²
Floors	4
Apartments	32
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

63,000$

Net profit

5,883$

Payback period

7.8 years

Avg property value increase per year

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About the project

Located in Mazina, the Municipality of Tivat, "Panorama" Residences boasts a stunning view over Tivat Bay. ,It is only a 5-minute drive from the town centre and the waterfront. Our property features a total of 32 apartments in different configurations spread over 4 floors, the underground parking complete with 32 spaces and storage space; landscaped courtyard, outside parking area, swimming pool and SPA. The property is complete with central water, sewage system and Internet. There is a paved road leading to it.

Located away from the main road, "Panorama" Residences provides the desired privacy and tranquility and enjoys beautiful views of the sea, the town and the mountains.