Mošćenice - Habitable House in a Hamlet near Mošćenice with Sea View

For sale · House · Reference IB-19539

€450,000

Key facts

Price: €450,000
Price per m²: €2,679/m²
Living area: 168 m²
Plot area: 887 m²
Rooms: 4
Bedrooms: 3
Bathrooms: 1
Distance to sea: 387 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 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 - A detached house situated in a hamlet above Mošćenice with guaranteed sea views, located in a peaceful setting just 5 minutes' drive from the most beautiful beaches in this part of the Adriatic. The house stands in isolation, with green space in front and behind, ensuring unobstructed views of the sea and towards the forest. The house is currently undergoing renovation for tourism purposes. The house comprises three units distributed across the ground floor and first floor, plus a wood storage area and tool shed. The entire first floor features a well-appointed living space consisting of a three-room apartment with living room, kitchen and bathroom totalling 83 m2, a 10 m2 balcony and a large 30 m2 terrace, bringing the total to 132 m2. With minor refreshing, the apartment is immediately ready for occupancy. On the ground floor there is an unfinished living space of 60 m2 which can be arranged as two apartments, two small units, or alternatively one larger apartment as desired. For the ground floor apartment, electrical, water and sewage installations have been prepared for connection. The wood storage area is of semi-buried construction measuring 17 m2, with a tool shed of 5-6 m2 attached. A new septic tank and new drainage installation to it have been completed for this section. The house sits on a plot of 1027 m2 with a well-maintained and improved garden featuring a small orchard and vegetable garden. The plot includes a built-in stone fireplace and grill. A large terrace in front of the house overlooks the arranged orchard area, 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. The boiler room contains a water heater serving the entire house for both bathroom and kitchen. The house has a cistern for rainwater collection. Heating is provided by central heating running on oil and wood.

This text was machine translated and reviewed by the agency.