Crikvenica - Detached House, Apartment, Garage, Large Property

For sale · House · Reference IB-19609

€469,000

Key facts

Price: €469,000
Price per m²: €4,690/m²
Living area: 100 m²
Plot area: 756 m²
Rooms: 5
Bedrooms: 3
Bathrooms: 2
Distance to sea: 129 m
Distance to airport: 11 km

19% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.8%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 100 m² that works out to roughly €1,500 per month and €18,000 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

Crikvenica - we are selling a detached house for renovation in an excellent location approximately 600 m as the crow flies from the sea. The house features a spacious terrace, and inside there is a living room with kitchen, a bathroom and two bedrooms. Attached to the house is a small apartment consisting of a bathroom, a living room with kitchen and one small bedroom. On the property there is also a spacious garage with two-way entrance and exit, featuring a terrace. The plot area is as much as 756 m2, which offers various possibilities.

This text was machine translated and reviewed by the agency.