Immobalko
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Crikvenica · Kvarner · Croatia

DRAMALJ - two-storey apartment with sea view, newly built

For sale · Apartment · Reference IB-19302

€460,000

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Key facts

Price
€460,000
Price per m²
€5,169/m²
Living area
89 m²
Plot area
22 m²
Rooms
3
Bedrooms
2
Bathrooms
2
Floor
2
Distance to sea
376 m
Distance to airport
8 km
31% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 89 m² that works out to roughly €1,335 per month and €16,020 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

For sale is a duplex apartment of 88.62 m2 in a quality new building, in a smaller building with a total of 4 identical duplex apartments. On the lower floor there is a large living room with kitchen, bathroom and a beautiful terrace of 10 m2 with an open sea view. A staircase leads to the upper floor, which consists of 2 bedrooms, one of which is oriented towards the sea and has access to another terrace of 10 m2, and another bathroom. The entire building is equipped with a new modern alarm system and cameras. The apartment also has one parking space, part of the garden of 22 m2 Excellent location. Close to shops, post offices, pharmacies, kindergartens and schools. The beach is within walking distance. The investor is in the VAT system, so the buyer does not pay real estate transfer tax.

Features

  • Sea view
  • New build

Location

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

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