New build€760,000
Rovinj · Istria
Rovinj, novogradnja, trosobni stan s vrtom i bazenom
143 m²
1 / 30
Crikvenica · Kvarner · Croatia
Crikvenica - Commercial Residential Space!
For sale · Commercial · Reference IB-19925
€1,500,000
Key facts
- Price
- €1,500,000
- Price per m²
- €2,381/m²
- Living area
- 630 m²
- Rooms
- 8
- Distance to sea
- 129 m
- Distance to airport
- 11 km
39% below the regional average (Region average: €3,931/m²)Online for 12 days
Investment overview
Estimated gross yield
7.6%
Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 630 m² that works out to roughly €9,450 per month and €113,400 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
CRIKVENICA - Commercial residential space in Crikvenica is located in an excellent location (second row from the sea). It has 630 m2 spread over 4 floors. In the basement there is a restaurant with a total area of approximately 400 m2 (approximately 70 indoor plus approximately 70 outdoor seats), while on the floors there are apartments of 115 m2 and 100 m2. The restaurant is not currently operational but is fully equipped for business. Price is negotiable.
This text was machine translated and reviewed by the agency.
Location
The map shows the approximate area. The exact address is provided by the agency on request.