Immobalko

Rovinj · Istria · Croatia

This charming house is located in the historic core of Rovinj, just a two-minute walk from the sea…

For sale · House · Reference IB-13884

€1,100,000

Key facts

Price
€1,100,000
Price per m²
€3,470/m²
Living area
317 m²
Plot area
249 m²
Rooms
10
Year built
1890
Distance to airport
31 km
15% below the regional average (Region average: €4,068/m²)Online for 11 days

Investment overview

Istria currently has 3 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

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

This charming house is located in the historic core of Rovinj, just a two-minute walk from the sea, well-maintained promenades, and numerous tourist attractions. The house spans two levels and has two entrances: the main one from Ricarda Daveggie Street and a rear auxiliary entrance. The ground floor is divided into two separate parts with a dedicated entrance to the upper floor of the house. The two separate parts are currently envisioned as business spaces, but there is a possibility of converting them into two residential units. Both parts have their own bathrooms and access to a quiet terrace, ideal for relaxation or a pleasant working environment. On the upper floor, there is a separate residential unit that includes four spacious bedrooms, a living room, a kitchen with a dining area, a bathroom, a separate toilet, a loggia, and an open terrace. This floor can also be converted into two smaller residential units, depending on the owner's needs. The house offers exceptional opportunities for personal use or expansion, with already verified conditions for enlargement. The current gross area of the house is 351 m² (net 298 m²) on a plot of 231 m², with the possibility of increasing to a gross area of 465 m² (net 403 m²) through an already completed project for expansion by raising the attic. With a customized configuration, the new house could include multiple residential units along with additional relaxation facilities such as a wellness area, jacuzzi, or private garden. Its location is ideal for those who want to enjoy everything Rovinj has to offer, from local shops, top-notch restaurants, and cafes to cultural landmarks. This makes it perfect for a long-term investment or a comfortable family home. Rovinj, one of the most desirable towns on the Croatian coast, offers an almost year-round tourist season, rich cultural heritage, and diversity, further confirming the value of this property. With a favorable layout and spacious options for conversion, the house also has immediate proximity to public parking spaces, which is a rarity in historic cores. Access to the house is facilitated by two entrances, increasing flexibility in the use of space and further contributing to the property's attractiveness.

Location

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

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