Ičići, Second Row from the Sea, Ground Floor Apartment

For sale · Apartment · Reference IB-19720

€290,000

Key facts

Price: €290,000
Price per m²: €3,718/m²
Living area: 78 m²
Plot area: 50 m²
Rooms: 2
Bedrooms: 1
Bathrooms: 2
Distance to sea: 82 m
Distance to airport: 25 km

5% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

4.8%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 78 m² that works out to roughly €1,170 per month and €14,040 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

Opatija Riviera, Ičići, apartment with an area of 51.20 m2 located on the ground floor of a residential building containing two additional apartments. The apartment consists of an entrance hall, kitchen, dining room with living room offering a pleasant sea view, bathroom and bedroom. It includes a wine cellar that has been renovated and can also be used as an auxiliary residential space as it has its own bathroom. Heating is electric (marble panels), while the wine cellar features a fireplace. Parking is provided within the property grounds. The apartment is empty and ready for immediate occupancy. The property is located in an attractive position, 50 meters from the sea and beach.

This text was machine translated and reviewed by the agency.