Nice work, but the view will be obstructed obviously, ha, ha! Why would he not otherwise build the obstructive buildings first to take out the risk for the hinter one...
I like the math, but i don't think that Montenegro can work out for me. Too many ruzzianz, not an option. Do you have any other suggestions for a sea-side property that can be rented in high-season and lived in during low season? Right now i'm considering Italy or Croatia. Ps - ty for the video, liked+subbed.
Spain is decently priced, and you can get okish yields there for now though there are a few headwinds ahead. Turkey has higher yields and higher risk. Mexico is another option. Many options out there.
Interesting Video Ladislas!! IMO, the prices are not "very attractive" as you've put across. It's way overpriced, you are paying close to $2000 per sqm for an apartment in the balkans, that too not in the most sought out places are boka kotorska or porto montenegro. Such huge amount for an unfurnished flat, in a sleepy town with merely 6 months of occupancy is outrageous. Ciao Ciao
I never said the price is « very attractive », just that it would sell fast. The yield is decent and you still have access to the property 6 months per year.
The total costs are 16% for an airbnb? 😝You should at least double that for a fully serviced Airbnb, including taxes (potential future taxes too etc. )
I hope she is a better agent than the one at the property I stayed at. They were terrible. For sure that site will be developed in the future. How does cost of living prices compare in Budva to Kotor? Kotor I didn't have a bad dining experience for the week I stayed there but you payed well for it, for a emerging country. Drove past Budva and could see the beach from the motorway and the beach(s) looked jammed. Seems to be Montenegros answer to Mallorca
Budva is slightly cheaper. Kotor is not too bad, as long as you avoid eating inside the walls of the old city. Go to places local go to, those are very affordable.
Hi Ladislas! Shouldn't you add the cost of furnishing and fitting the apartment to calculate the yield properly? The number would drop significantly then... Thank you.
