Lovran Apartment with Panoramic View in an Excellent Location

For sale · Apartment · Reference IB-19808

€411,000

Key facts

Price: €411,000
Price per m²: €3,425/m²
Living area: 120 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 2
Floor: 1
Distance to sea: 374 m
Distance to airport: 25 km

13% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

5.3%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 120 m² that works out to roughly €1,800 per month and €21,600 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

NEW BUILD IN A QUIET ELITE AREA OF LOVRAN WITH BEAUTIFUL VIEWS OF THE KVARNER Two-storey 2-bedroom apartment with study, gross area 120.31 m2 (total residential area across 2 floors 105.19 m2 + 2 balconies 15.12 m2). The apartment is located on the 1st floor of a residential-commercial building, with the 2 floors connected by an internal staircase. The location is just 250 m from the centre and 450 m from the beach. Close to kindergarten, school, children's park and other essential amenities. Only 250 m or 3-4 minutes' walk to the Lungomare promenade. What gives the apartment special charm is that both floors open onto spacious balconies with stunning views of the Kvarner and the islands of Cres and Krk. The apartment is in an advanced stage of completion (all electrical, plumbing installations and air conditioning systems are already installed). This is an advantage for buyers as they can choose the type of finishes themselves (parquet, ceramics) and other equipment and furnishings. Heating is provided by air conditioning units and a fireplace. The apartment includes one parking space in an organised car park with remote-controlled gate access.

This text was machine translated and reviewed by the agency.