Bakar - Traditional Adriatic House 20m from the Sea

For sale · House · Reference IB-19412

€218,000

Key facts

Price: €218,000
Price per m²: €3,206/m²
Living area: 68 m²
Plot area: 73 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 1
Distance to sea: 15 m
Distance to airport: 10 km

18% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

5.6%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 68 m² that works out to roughly €1,020 per month and €12,240 per year. See market data for this region

Estimated from asking rents. Not a guarantee of achievable rent.

Not included in the yield

Real estate transfer tax of 3 percent, notary, lawyer and commission, plus ongoing operating and management costs, vacancy, maintenance, tax on rental income and financing costs.

The net yield is therefore regularly well below this figure.

What we deliberately do not calculate

Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
Occupancy and seasonality. That would need booking data, which we do not collect.
Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

Opatija nekretnine presents a traditional Adriatic house in Bakar. The house is fully furnished. It comprises a ground floor arranged as a shared space resembling a tavern with kitchen and bathroom. From the ground floor, one can access a rear garden with paved surfaces. On the first floor there is a corridor and 3 large bedrooms plus a WC. The facade and chimney have been renovated, as well as part of the roof. The house also has a front garden. There is no parking space with the property, however a public parking lot is located only 20 m away with regularly available spaces. The house is situated just 20 m from the sea. The property is currently operating successfully as a tourist rental and as an established business offers investment potential. Given its location, the property may be ideal both as a weekend retreat from daily obligations and a busy lifestyle. For more information, please contact me.

This text was machine translated and reviewed by the agency.