Mošćenice - Well-maintained house with additional building land for sale

For sale · House · Reference IB-19538

€450,000

Key facts

Price: €450,000
Price per m²: €2,679/m²
Living area: 168 m²
Plot area: 1,572 m²
Rooms: 4
Bedrooms: 3
Bathrooms: 1
Distance to sea: 2.2 km
Distance to airport: 27 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 168 m² that works out to roughly €2,520 per month and €30,240 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

Mošćenice - in a settlement above Mošćenice, a ready-to-occupy house with guaranteed sea views is for sale, situated in a peaceful location, just 5 minutes' drive from the most beautiful beaches in this part of the Adriatic. The house stands in isolation, with green spaces in front and behind it, ensuring unobstructed sea views and views toward the forest. The house comprises three residential units spread across the ground floor and first floor, a wood storage room and tool shed. The entire first floor features a well-maintained living space, a three-room apartment in reality with living room, kitchen and bathroom of 83 m2, plus a 10 m2 balcony and a large 30 m2 terrace, totaling 123 m2 in reality. With minor refreshing, the apartment is immediately ready for occupancy. Heating is central, using oil and wood, with a hot water boiler in the boiler room serving the entire apartment. As for the ground floor, it contains an unfinished residential space of 60 m2 which can be arranged to create two apartments or two small flats, or if desired, one large apartment. For the ground floor unit, electrical, water and sewage installations are prepared for connection. The wood storage/storage area is of semi-basement type measuring 17 m2, with a tool shed of 5-6 m2. A new septic tank and new drainage installation have been constructed for this section. The house stands on a plot of 1027 m2, with a maintained and improved grounds featuring a small orchard and garden. The plot also includes a built-in stone fireplace/grill. A large terrace in front of the house serves as an arranged level for the orchard, an ideal spot for gathering outdoors during summer evenings. The plot is large enough to accommodate a swimming pool. Parking for multiple vehicles is guaranteed in front of the house. An additional plot of over 700 m2 building land is located directly next to the house, where it is possible to build a house with three units or a family holiday or tourism property. A swimming pool can also be built on this plot as an option for the existing house.

This text was machine translated and reviewed by the agency.