Villa Valeria — Second and Third Floors

Buy Villa Valeria - II in Montenegro | Купить виллу Луштица

Rental of a 200-square-meter villa with two garages in Montenegro, on the Luštica Peninsula in the village of Krašići, has been moved to the section
For Sale. The owner’s decision — to sell the villa.
Please review the description of the 2nd and 3rd floors of Villa “Valeria”.

City:
Lustica
Options:
House
Country:
Montenegro
* Price 890000 EUR
(
92
votes, average
4.98
out of 5)

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Location of the Villa in Montenegro

Villa “Valeria” is located in Montenegro, 30 meters from the sea, not far from the town of Tivat, on the opposite side of the Bay of Kotor, in the village of Krašići on the Luštica Peninsula.

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The Villa in Montenegro is offered via the reverse auction | YouTube video

General description of the villa:

  • Villa building area: 88 m².
  • Three floors.
  • Total living area of Villa "Valeria": 214 m²
  • Land plot area: 300 m².
  • Garage area: 42 m².
  • Open shared terrace (70 m²)
  • Entrance from the seaside or through the garage.
  • Utility rooms, water tank.
  • Up to 14 guests can be accommodated.

Construction Description of the 2nd Floor of the Villa

  • Total area of the 2nd floor 88 m²
  • Spacious living room with dining area (28 m²)
  • Two bedrooms (14 m² each)
  • Two bathrooms (one with bathtub, one with shower cabin)
  • Spacious terrace (28 m²)
  • Utility rooms, water tank.
  • The floor can accommodate up to 6 persons

Equipment on the Floor

  • Television (SAT TV)
  • Internet (Wi-Fi)
  • Two air conditioners per floor
  • Induction cooktop
  • Microwave oven
  • Tableware
  • Grill on the open terrace
  • Tables, chairs, sun loungers
  • Outdoor summer shower on the terrace

Construction Description of the 3rd Floor of the Villa

  • Total area of the 3rd floor 56 m²
  • Spacious living room with dining area
  • One bedroom (14 m²)
  • Bathroom with shower cabin
  • Spacious terrace (28 m²)
  • Spacious garage for 2–3 cars.
  • Utility rooms, water tank.
  • The floor can accommodate up to 3 persons

Equipment on the 3rd Floor

  • Television (SAT TV)
  • Internet (Wi-Fi)
  • Two air conditioners
  • Induction cooktop
  • Microwave oven
  • Electric roller shutters
  • Luxury finish
  • Modern interior
  • Magnificent terrace view

Rental Profitability of the Villa

Villa “Valeria” was successfully rented at a rate of 150 EUR per day. With a season of 120–150 days, rental income per floor amounted to 18,000 EUR. From this amount, Booking commission, taxes, and post-stay maintenance expenses should be deducted. Divide by half. 9,000 EUR per year is the realistic net income for the owner per floor.

By simple calculation, the realistic annual net income from renting all 3 floors would amount to approximately 27,000 EUR, provided the owner delegates management to third parties.

If the rental process is optimized (own website with booking system, regular customer base, optimized facility service), the net income may reach up to 50,000 EUR per year.

If interior and exterior upgrades are carried out to luxury level, the daily rate may increase to 200–300 EUR, i.e. 1.5–2 times higher. Through simple calculation, the rental profitability of Villa “Valeria” can be increased to 75,000–100,000 EUR per year.

Comparison: a first-line luxury villa is rented at a rate of 750 EUR per day.

Villa for Sale

The preliminary estimated price of Villa “Valeria” is set at 890,000 EUR. The villa is offered via the reverse auction Balkan BID with the possibility to submit your own lower offer. The winner of the auction will be the bidder who offers the highest price. Auction

After reaching a preliminary agreement with the transaction curator, the process of purchase and sale of the villa with the owner may begin. All preliminary questions can be submitted via contact forms to the transaction curator — the administration of the Balkan BID auction.

If you are interested in the offer, please review the parameters of the first floor of Villa “Valeria”. Villa Valeria - I Floor

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