Immobalko
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Vinodolska Općina · Kvarner · Croatia

UNIQUE OPPORTUNITY - CRIKVENICA HINTERLAND, NEW BUILD 54M2 + 60M2 TERRACE

For sale · Apartment · Reference IB-19467

€170,000

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Key facts

Price
€170,000
Price per m²
€3,148/m²
Living area
54 m²
Rooms
3
Bedrooms
2
Bathrooms
1
Distance to sea
3.7 km
Distance to airport
12 km
20% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

5.7%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 54 m² that works out to roughly €810 per month and €9,720 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

We offer a beautiful apartment in a new building in the Crikvenica hinterland, Kostelj. The apartment is located on the ground floor. It consists of 2 bedrooms, a bathroom, and a living room with kitchen. The apartment includes a terrace of 60m2 and a parking space. Heating and cooling of the apartment is provided by an air conditioning unit. Some of the characteristics that distinguish this property are quality PVC carpentry with triple-glazed windows, electrically operated blinds, mosquito nets, and premium ceramic tiles and sanitary ware. An ideal property for all those seeking an escape from city crowds and noise, yet only a few minutes drive from the sea and all necessary amenities. The investor is registered in the VAT system, which means the buyer does not pay property transfer tax.

This text was machine translated and reviewed by the agency.

Features

  • New build

Location

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

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