Flats Crikvenica, 64m2

For sale · Apartment · Reference IB-19240

€320,000

Key facts

Price: €320,000
Price per m²: €5,000/m²
Living area: 64 m²
Plot area: 70 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 1
Floor: 2
Distance to sea: 129 m
Distance to airport: 11 km

27% above the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

3.6%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 64 m² that works out to roughly €960 per month and €11,520 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

An apartment for sale on the 2nd floor of a new building, in a great location, only 500 m from the main city beach. The apartment consists of a hallway, two bedrooms, kitchen, living room, bathroom, loggia and a covered balcony with a panoramic view of the sea. The apartment also has a part of the garden of 70 m2, and one parking space in front of the house.