Matulj-Mihotići 2-bedroom apartment, ground floor 99 m2

For sale · Apartment · Reference IB-19527

€240,000

Key facts

Price: €240,000
Price per m²: €2,424/m²
Living area: 99 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 2
Distance to sea: 1.7 km
Distance to airport: 26 km

38% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

7.4%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 99 m² that works out to roughly €1,485 per month and €17,820 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

Matulj - Mihotići - refurbished ground floor apartment 98.72 m2 with terrace 35 m2. The apartment is located near the centre of Matulj and just a few minutes' drive from Opatija and all essential amenities. It consists of 2 bedrooms, 2 bathrooms with shower cubicles, kitchen with dining area, large living room, entrance hall, boiler room, storage and terrace. Parking space is not owned but is secured. The apartment is in exceptionally good condition - everything is new. Joinery is PVC, heating is central oil-fired. The apartment is connected to the sewage network. All materials are of high quality: oak parquet in the living room, laminate in the kitchen and dining area, quality ceramic tiles. The apartment is sold fully equipped with all new household appliances, and the kitchen and part of the furniture are custom-made. A fully equipped apartment offering more than comfortable living. Photos are provided to buyers upon request. A very interesting property in a well-connected location.

This text was machine translated and reviewed by the agency.