New Construction Duplex in Crikvenica - 100m to Beach

For sale · Apartment · Reference IB-19306

€505,530

Key facts

Price: €505,530
Price per m²: €4,514/m²
Living area: 112 m²
Rooms: 6
Bedrooms: 4
Bathrooms: 2
Floor: 1
Distance to sea: 129 m
Distance to airport: 11 km

15% above the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

4.0%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 112 m² that works out to roughly €1,680 per month and €20,160 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

New construction, unique opportunity, a rarity in Crikvenica. We are selling a duplex apartment spanning the 1st and 2nd floors with a total area of 112.34 m2 (in reality two completely separate apartments, each on its own floor with separate electricity and water meters, as well as parking spaces), just 100 m from the sea, below the main road. The duplex apartment consists of 4 bedrooms, 2 bathrooms, 2 spacious living areas with kitchens with exits to loggias offering beautiful sea views. Possibility to purchase a garage. Agent's recommendation!

This text was machine translated and reviewed by the agency.