Flats Centar, Rijeka, 95m2

For sale · Apartment · Reference IB-19144

€350,000

Key facts

Price: €350,000
Price per m²: €3,684/m²
Living area: 95 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 2
Floor: 1
Distance to sea: 164 m
Distance to airport: 16 km

6% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

4.9%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 95 m² that works out to roughly €1,425 per month and €17,100 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

Located in a prime location, near Korzo, this unique opportunity to purchase a two-bedroom apartment in a residential Art Nouveau building is now available. Situated on the first floor, this modernly adapted apartment boasts a spacious and bright interior, thanks to high ceilings and large windows. The space consists of a comfortable living room connected to the dining area, a functional kitchen, and two elegantly designed bathrooms with separate toilets. The apartment has been thoroughly renovated and equipped with contemporary furniture, ensuring a high standard of quality and comfort. Central heating provides warmth during colder days, and an added value is the private parking space. This property is an excellent choice for family living, but also as an attractive investment for renting, given the proximity to kindergartens, primary, music, and secondary schools, as well as faculties. The price, location, and quality ratio, along with the optimal floor level of the apartment, make this offer highly competitive in the market. Do not miss the opportunity to become the owner of this unique apartment, where tradition meets contemporary design, and the location offers all the necessary amenities in close proximity. For a property viewing and additional information, contact agent Gordana Rabak at 00385923845410. ----