Immobalko
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Crikvenica · Kvarner · Croatia

DRAMALJ - Modern villa with sea view

For sale · Villa · Reference IB-19295

€800,000

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Key facts

Price
€800,000
Price per m²
€4,706/m²
Living area
170 m²
Plot area
400 m²
Rooms
6
Bedrooms
4
Bathrooms
4
Distance to sea
376 m
Distance to airport
8 km
20% above the regional average (Region average: €3,931/m²)Online for 13 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 170 m² that works out to roughly €2,550 per month and €30,600 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

A modern villa for sale, which is in the final phase of construction. According to the project, the villa consists of 2 identical duplex apartments of 84.62 m2. Each apartment is designed in such a way that on the ground floor there is a living room with kitchen and dining room, bathroom and terrace of 9.53 m2, while on the first floor there are 2 bedrooms and a bathroom. One bedroom has access to a loggia that will offer a panoramic view of the sea. The villa will have a state-of-the-art alarm system. The building is scheduled to be completed by the end of 2024. It is possible to buy only one residential unit, in which case the price is € 400,000 per apartment. Excellent location, close to all necessary facilities such as shop, post office, pharmacy. Distance from the sea is approximately 700 m. The investor is in the VAT system, so the buyer does not pay 3% real estate transfer tax.

Features

  • Sea view

Location

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

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