Crikvenica - Three-Bedroom Classical Apartment 30 m from the Sea

For sale · Apartment · Reference IB-19838

€500,000

Key facts

Price: €500,000
Price per m²: €5,000/m²
Living area: 100 m²
Rooms: 3
Bedrooms: 3
Bathrooms: 1
Distance to sea: 129 m
Distance to airport: 11 km

27% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.6%

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 - Sale of a well-maintained apartment with a courtyard and two storage rooms in an excellent location in Crikvenica. The apartment is situated on the ground floor, measuring 100 m2, featuring a large living room, one large bedroom and one smaller bedroom, a kitchen, a bathroom, a terrace, a courtyard for shared use, and two storage rooms (sheds) totalling 15 m2 that also have electricity and water connected and can be repurposed. Access to the apartment is from two sides (upper and lower streets). The courtyard and terrace are shared with 3 other apartments. The building has a new roof, replaced 5 years ago, as well as all new joinery (PVC). The apartment has new flooring and completely new electrical and water installations. Suitable for residential use, holiday stays, tourist rental or as commercial space. There is also the possibility of dividing it into two smaller apartments with separate entrances. Exchange for a smaller apartment near the sea in the Opatija area is also possible.

This text was machine translated and reviewed by the agency.