€920,000Rovinj · Istria
Prostrani dvoetažni stan 200m od plaža sa krovnom terasom
203 m² · 4 rooms
Selca · Central Dalmatia · Croatia
In an exceptional location in Selce, right by the sea, this rare property offers what is…
For sale · House · Reference IB-14403
€1,700,000
Key facts
- Price
- €1,700,000
- Price per m²
- €2,787/m²
- Living area
- 610 m²
- Plot area
- 610 m²
- Year built
- 1963
- Distance to airport
- 15 km
45% below the regional average (Region average: €5,051/m²)Online for 11 days
Investment overview
Estimated gross yield
7.4%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 610 m² that works out to roughly €10,507 per month and €126,083 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
In an exceptional location in Selce, right by the sea, this rare property offers what is increasingly difficult to find today – a first row to the sea, private direct access to the sea, private stairs to the beach, and its own boat mooring. Situated in a quiet and pleasant neighborhood, the plot of 610 m2 cascades down towards the sea, creating a naturally secluded position with a high degree of privacy and an open panoramic view of the sea. Below the plot itself is a beach accessed by private stairs, creating a rare feeling of complete connection with the sea and its own Mediterranean ambiance. The plot features an existing house with a registered floor area of 138 m2, distributed over two levels and currently organized into three residential units with spacious terraces. The total living area is approximately 260 m2. The property requires a complete renovation, but therein lies its greatest potential. The existing structure can be viewed as a foundation for creating an entirely new, modern concept – a modern villa with a pool, large terraces, and a carefully designed outdoor space that would maximize the cascading configuration of the terrain and the spectacular position right by the sea. A special value is the fact that the property is located in a quiet neighborhood while simultaneously being situated in a location that provides immediate access to the sea and all the advantages of Selce. The combination of privacy, private beach access, the possibility of boat mooring, and an open sea view makes this property extremely attractive for both private use and as a long-term investment. First row to the sea in Selce, private access to the sea, and a private boat mooring – a combination that appears on the market extremely rarely. With thoughtful reconstruction or the construction of a new building, this location offers the opportunity to create one of those properties that leave a lasting impression with its position, privacy, and immediate relationship to the sea. A property with such a position is not purchased solely for its square footage – its greatest value lies precisely in what cannot be built later: the location, the sea in front of the house, and its own access to the shore.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
