Immobalko
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Crikvenica · Kvarner · Croatia

Crikvenica - House with Pool

For sale · House · Reference IB-19772

€677,000

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Key facts

Price
€677,000
Price per m²
€1,693/m²
Living area
400 m²
Plot area
500 m²
Rooms
11
Bedrooms
8
Bathrooms
5
Distance to sea
129 m
Distance to airport
11 km
57% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

10.6%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 400 m² that works out to roughly €6,000 per month and €72,000 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

Three-storey house comprising two three-bedroom apartments, each with a living area and two bathrooms, and one two-bedroom apartment with a living area. The basement features a gym and a gathering space. The house itself has an area of 400 m2. The property includes a pool with a pergola and outdoor kitchen. There is a garage for one car and several parking spaces on the grounds. The house is air-conditioned and has central heating. The property is currently operated as a holiday rental with an established tourism business. The house offers beautiful sea views, with the sea approximately 2000 m away. The city centre is at a similar distance.

This text was machine translated and reviewed by the agency.

Features

  • Sea view
  • Pool

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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