Labin, Surroundings, Large Estate with Stone House for Renovation

For sale · House · Reference IB-19584

€450,000

Key facts

Price: €450,000
Price per m²: €4,737/m²
Living area: 95 m²
Plot area: 28,000 m²
Rooms: 4
Bedrooms: 2
Bathrooms: 1
Distance to sea: 2.6 km
Distance to airport: 27 km

17% above the regional average (Region average: €4,058/m²)Online for 12 days

Investment overview

Istria currently has 15 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

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 estate covering 27,800 m2 is located in the surroundings of Labin. The house was built before 1968 and requires renovation. Water and electricity have been connected to the house, with the electrical supply already installed indoors. The estate is abundant with various fruit trees and olive saplings (approximately 170-180 trees planted), and the current owner is very satisfied with the yield obtained. Among the fruit trees are planted cherries, sour cherries, apricots and grapevines. The distance from the sea and the town of Labin is approximately 5 km. For those who have or are considering starting a business, wish to engage in agriculture and fruit cultivation, this is an ideal opportunity. Feel free to call for more information.

This text was machine translated and reviewed by the agency.