Crikvenica Two Houses with Pool

For sale · House · Reference IB-19790

€780,000

Key facts

Price: €780,000
Price per m²: €5,455/m²
Living area: 143 m²
Plot area: 700 m²
Rooms: 6
Bedrooms: 4
Bathrooms: 2
Distance to sea: 129 m
Distance to airport: 11 km

39% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.3%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 143 m² that works out to roughly €2,145 per month and €25,740 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

Set on a plot of 880 m2, this oasis of peace is nestled in a Mediterranean green setting, just 3 km from the center of Crikvenica and the seaside. It comprises two separate apartments of 2 bedrooms plus living area each, measuring 100 m2 and 70 m2 respectively. Each apartment has access to a shared covered terrace and benefits from a large overflow pool with heated salt water, a barbecue, a summer kitchen, two outdoor showers, and a fenced green garden. The second auxiliary house has 50 m2 of living space and a gallery (two bedrooms, kitchen with living area, bathroom, and gallery). Everything is air-conditioned and suitable for tourism purposes. Two properties, one of which can be rented out while the other can serve as a residence.

This text was machine translated and reviewed by the agency.