Opatija, near centre luxury apartment 2nd floor, 2 bedrooms + den, 101.56 m2

For sale · Apartment · Reference IB-19511

€658,700

Key facts

Price: €658,700
Price per m²: €6,458/m²
Living area: 102 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 1
Floor: 2
Distance to sea: 370 m
Distance to airport: 25 km

64% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

2.8%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 102 m² that works out to roughly €1,530 per month and €18,360 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

Opatija, near centre luxury comfortable apartment on the 2nd floor, 2 bedrooms + den with sea views, in premium new construction with garage and lift. The building is south-east facing with stunning panoramic views over the entire Kvarner Bay and the islands of Krk and Cres. Apartment 5, total usable area 101.56 m2, consisting of entrance hall, living room with kitchen and dining area, two bedrooms, bathroom and covered balcony with total usable area 77.09 m2, plus 1 garage parking space P7 with area 11.97 m2 and 1 external parking space P4 with area 12.50 m2. The construction uses only the highest quality materials and all apartments will feature modern interior design and luxury finishes, with flooring and wall coverings to the highest standards. Facade mineral wool insulation 10 cm. Floor heating - heat pumps. Premium aluminium joinery. During construction there is the possibility to select interior flooring and tiles for bathrooms and kitchen.

This text was machine translated and reviewed by the agency.