Crikvenica, center, terraced house with courtyard, a rarity on the market

For sale · House · Reference IB-19633

€230,000

Key facts

Price: €230,000
Price per m²: €1,533/m²
Living area: 150 m²
Plot area: 40 m²
Rooms: 4
Bedrooms: 3
Bathrooms: 2
Distance to sea: 129 m
Distance to airport: 11 km

61% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

11.7%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 150 m² that works out to roughly €2,250 per month and €27,000 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

For sale is a terraced house in a sought-after location close to Crikvenica center, 200 m from beaches. The house consists of a ground floor and first floor. It offers complete privacy with its own fenced and paved courtyard, which includes a summer kitchen and outdoor seating area in one section. The ground floor is accessed from the terrace and comprises an entrance hall, living room, dining room, kitchen, storage, bathroom with WC, an additional WC, and another room. Internal stairs lead to the first floor with two further bedrooms, a balcony, a larger bathroom with bathtub and shower, and WC. The house has excellent potential for residential use or tourist rental with minor adaptations. Crikvenica center! A significant benefit of this property is that it has permission to build an additional floor - a high attic story. Parking is organized in the street for all residents, free of charge, right next to the property (parking is not owned). Do not miss this property.

This text was machine translated and reviewed by the agency.