Immobalko
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Crikvenica · Kvarner · Croatia

LUXURY PENTHOUSE CRIKVENICA (GARDEN, WINE CELLAR, GARAGE)

For sale · Apartment · Reference IB-19354

€650,000

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Key facts

Price
€650,000
Price per m²
€3,250/m²
Living area
200 m²
Plot area
200 m²
Rooms
4
Bedrooms
3
Bathrooms
2
Floor
2
Distance to sea
129 m
Distance to airport
11 km
17% below the regional average (Region average: €3,934/m²)Online for 13 days

Investment overview

Estimated gross yield

5.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 200 m² that works out to roughly €3,000 per month and €36,000 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

A penthouse with a private entrance in a building with only a few apartments is for sale. If you do not want a house due to maintenance requirements, this is an ideal opportunity to purchase a two-storey apartment that offers everything as if you owned your own home, with complete privacy. The apartment consists of three bedrooms, two bathrooms and a spacious living room and kitchen with a large terrace and a beautiful view of Crikvenica and the surrounding area. Additionally, the apartment features a spa area, a wine cellar, a landscaped garden and a spacious garage for two cars. Agent's recommendation!

This text was machine translated and reviewed by the agency.

Location

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

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