Immobalko
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Crikvenica · Kvarner · Croatia

HOUSE/GUESTHOUSE 450m2 + SWIMMING POOL CRIKVENCICA

For sale · House · Reference IB-19315

€869,000

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Key facts

Price
€869,000
Price per m²
€1,931/m²
Living area
450 m²
Plot area
330 m²
Rooms
13
Bedrooms
11
Bathrooms
8
Distance to sea
129 m
Distance to airport
11 km
51% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

9.3%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 450 m² that works out to roughly €6,750 per month and €81,000 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

OPPORTUNITY - A four-storey house, established as a guesthouse operation with 11 spacious bedrooms and 8 bathrooms. Two floors have been developed into 6 studio apartments, with 3 studio apartments on each floor, each with its own bathroom and kitchenette. The ground floor could similarly be adapted to this format. The attic features a 2-bedroom apartment plus living area with beautiful views of the sea and Kvarner. The house includes a tavern where meals can be served to guests, as well as a beautiful swimming pool. The property is currently operating as a rental and achieves excellent occupancy with strong annual income. Additional information available upon request. Agent recommended.

This text was machine translated and reviewed by the agency.

Features

  • Sea view
  • Pool

Location

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

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