Commercial property 168 m² in Bar, Montenegro
Bar, Montenegro
€260,000
€1,548/m²
Location
Property characteristics
Property parameters
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Price per m²€1,548/m² -
Total area168 m²
Description
Commercial space with a large terrace in the Twin House building in the very center of Bar.
Area 82.74 m2 + terrace 86.65 m2.
The office is on the 1st floor.
An excellent investment with five years of rent from an American company.
This property is registered as a commercial space and is currently leased long-term to an American company with staff in Montenegro.
The buyer of this property must sign a lease agreement for a minimum of two years, but preferably five years, with the same American company, which will continue to use the office for its employees in Montenegro.
The lease agreement is signed simultaneously with the purchase and sale agreement.
The American tenant will pay monthly rent of 1,241.10 euros for five years, based on the following calculation:
• Total annual rental income: 14,893.20 euros
Rent may increase annually in line with the inflation rate in Montenegro.
A large underground parking space can be purchased separately for 12,000.00 euros.
The sellers are open to considering partial payment in the form of a house or land in Zabljak.
Area 82.74 m2 + terrace 86.65 m2.
The office is on the 1st floor.
An excellent investment with five years of rent from an American company.
This property is registered as a commercial space and is currently leased long-term to an American company with staff in Montenegro.
The buyer of this property must sign a lease agreement for a minimum of two years, but preferably five years, with the same American company, which will continue to use the office for its employees in Montenegro.
The lease agreement is signed simultaneously with the purchase and sale agreement.
The American tenant will pay monthly rent of 1,241.10 euros for five years, based on the following calculation:
• Total annual rental income: 14,893.20 euros
Rent may increase annually in line with the inflation rate in Montenegro.
A large underground parking space can be purchased separately for 12,000.00 euros.
The sellers are open to considering partial payment in the form of a house or land in Zabljak.
Posted at: 24/09/2024
Updated at: 24/09/2024
Location on the map
Bar, Montenegro
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