Serviced Apartment for Sale in Drvenik Veli, Croatia
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 230 thousand |
Run Rate Sales | USD 230 thousand |
EBITDA Margin | 40 % |
Industries | Serviced Apartments |
Locations | Drvenik Veli |
Local Time | 3:25 PM Europe / Ljubljana |
Listed By | Business Owner / Director |
Status | Moderately Active |
- With renting of apartments investment could be repaid in 12 years or even sooner.
- The apartments are ready and can be rented immediately.
- Serviced apartments were built in the year 2020. And we started renting apartments in the year 2021.
- These apartments can be rented for a minimum of 100 days per year.
- We have 16 apartments and each can be rented out between 140 EUR to 180 EUR per day (apartment for 4 persons).
- That means if we calculate 140 EUR per day x 16 apartments x 100 days = 224,000 EUR of revenue per year.
- The yearly expenses are around 70,000 EUR.
- 8 apartments have 50 sqm of area and the other 8 apartments have 60 sqm of area.
- Altogether the built-up area is 880 sqm. The land area is 1,800 sqm.
- We are only selling the apartments and not the entire company.
- Business has 5 equal partners.
- One of the business owners is from Slovenia but the apartments are in Croatia.
- Company does not have any outstanding liabilities.