Immobalko
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Novi Vinodolski · Kvarner · Croatia

New Construction Novi Vinodolski

For sale · Apartment · Reference IB-19228

€234,500

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Key facts

Price
€234,500
Price per m²
€3,664/m²
Living area
64 m²
Rooms
3
Bedrooms
2
Bathrooms
1
Floor
2
Distance to sea
207 m
Distance to airport
20 km
7% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

4.9%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 64 m² that works out to roughly €960 per month and €11,520 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

We are selling apartments in the final construction phase, with planned completion of works by summer 2025. The apartment is located on the second floor of a building comprising 6 apartments in total and will be equipped with ceramic tiles, bathroom fixtures, vinyl flooring and air conditioning. The property consists of two bedrooms, kitchen with dining area, bathroom, entrance hallway and a large loggia. From the loggia there is a beautiful view of the sea, islands and surrounding area. The property is in the vicinity of the town centre and the sea. The developer is reliable with many years of experience. One parking space is included with the apartment.

This text was machine translated and reviewed by the agency.

Features

  • Sea view
  • New build

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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