Immobalko
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Lovran · Kvarner · Croatia

Two-storey apartment with garage, two terraces with views, and landscaped garden space

For sale · Apartment · Reference IB-19486

€519,000

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Key facts

Price
€519,000
Price per m²
€2,775/m²
Living area
187 m²
Plot area
90 m²
Rooms
4
Bedrooms
3
Bathrooms
2
Floor
1
Distance to sea
374 m
Distance to airport
25 km
29% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

6.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 187 m² that works out to roughly €2,805 per month and €33,660 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

This exceptional two-storey apartment features stunning open sea views in a modern building, with a beautifully landscaped garden (garden pavilion, grill and other garden amenities), two spacious terraces with views, and an underground garage (basement entrance on the east side from the public road). The apartment is equipped with a quality kitchen featuring MIELE appliances, custom-built wardrobes in the bedrooms, and two bathrooms fitted to order - one with a larger walk-in shower cabin, the other with a standard shower cabin. All windows and external doors are wood-aluminium with ISO glazing, with sun protection provided by grilles. Internal joinery is wooden. The facade features a thermal insulation system with a decorative plaster finish. The roof is tiled. Stone slabs are laid on the balcony and terrace. The approaches, pathways and pavement around the building are finished with natural stone slabs, while the driveway to the basement garage is asphalted. The building is connected to the public city low-voltage electricity and telephone network. Heating is provided by wall-mounted electric radiators and cooling by air conditioning units. Hot water is supplied by an electric boiler. Water supply is via connection to the public water mains, and wastewater disposal via connection to the public sewage system. The underground garage is reserved exclusively for this apartment and includes water, with an additional parking space nearby; further on, stairs lead to the beautiful garden area and apartment entrance. The apartment comprises an entrance, bathroom with WC, kitchen, spacious living room (with possibility for fireplace) and dining area, and a large terrace on the first floor, measuring 48.32 m2, plus a hallway, bathroom with WC, three bedrooms and a terrace on the second floor, measuring 63.57 m2, with a total area of 112 m2. The total area including garage space is 128 m2 plus a garden space of 59 m2. This apartment possesses all the characteristics of a townhouse with garden and garage, and offers views over Kvarner Bay as far as Cres and the Veli Vrh. A rare opportunity not to be missed.

This text was machine translated and reviewed by the agency.

Features

  • Sea view

Location

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

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