CRIKVENICA - APARTMENT WITH SEA VIEW

For sale · Apartment · Reference IB-19303

€164,500

Key facts

Price: €164,500
Price per m²: €3,500/m²
Living area: 47 m²
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Floor: 3
Distance to sea: 129 m
Distance to airport: 11 km

11% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

5.1%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 47 m² that works out to roughly €705 per month and €8,460 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

An apartment with a practical layout for sale on the 3rd floor of a building located approximately ten minutes of easy walk to the sea. It consists of a living room with kitchen, one bedroom, bathroom, hallway and balcony with an open panoramic view of the sea and the surrounding area. Preparations have been made for electric central heating. The apartment has one parking space in the garden of the building. Renovation required.