LOVRAN STONE HOUSE

For sale · House · Reference IB-19905

€986,000

Key facts

Price: €986,000
Price per m²: €2,679/m²
Living area: 368 m²
Plot area: 1,200 m²
Rooms: 8
Bedrooms: 7
Bathrooms: 4
Distance to sea: 374 m
Distance to airport: 25 km

32% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

6.7%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 368 m² that works out to roughly €5,520 per month and €66,240 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

DETACHED PROPERTY Ground floor + basement + 1st floor, built in 1988. Currently used for tourist activities, categorised by permit from the Office of Economy. Located in a quiet part of the area near Lovran, set back from the main road, surrounded by century-old chestnut and hornbeam trees with views of Kvarner Bay. COMPRISES: 1 apartment with total gross area of 130 m2 3 apartments with gross area of 60 m2 each 1 apartment with area of 33 m2 with 1 bedroom and bathroom 1 studio apartment with area of 25 m2 Total area 368 m2 and landscaped grounds of 1200 m2 The apartment consists of 3 bedrooms and living room, 3 kitchens, 3 bathrooms and WC, pantry, entrance hall and large terrace. The apartments feature a bedroom, living room, kitchen, bathroom and WC and large terraces. The entire property is sold furnished with the possibility of continuing the rental business and includes existing valid contracts with tourist agencies and numerous reservations for the coming year. Central heating oil (new) and all residential units have air conditioning. DISTANCES FROM LOVRAN: Sandy, pebble and rocky beach located 2.5 km from the house. Lovranska draga waterfall is 7 km away. The coastal promenade, which extends 12 km from Lovran to Volosko, is situated 2 km from the property. At a distance of 2 km, tennis courts and wellness and diving centre are available. Ranch Bubač riding school is 15 km away. The centre of Lovran is 2 km away, and Opatija is 7 km away. Local bus stop is accessible at 200 metres. A VALUABLE PROPERTY

This text was machine translated and reviewed by the agency.