Property with Building Land

For sale · House · Reference IB-19071

Price on request

Key facts

Price: Price on request
Living area: 1,058 m²
Rooms: 5
Bedrooms: 2
Distance to sea: 207 m
Distance to airport: 20 km

100% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

19,044,000.0%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 1,058 m² that works out to roughly €15,870 per month and €190,440 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

Offered for sale is a plot of land in an excellent location, measuring 1,058 m2 with a regular shape. The property can be divided into two sections allowing for two separate buildings. Access is available from two roads on the southern and northern sides. The plot includes a stone house that requires renovation. This property represents an attractive investment opportunity and is rarely available on the market.

This text was machine translated and reviewed by the agency.