Opatija near center luxury apartment 2nd floor, 4 bedrooms + study, 194.52 m2

For sale · Apartment · Reference IB-19512

€1,010,000

Key facts

Price: €1,010,000
Price per m²: €5,179/m²
Living area: 195 m²
Rooms: 5
Bedrooms: 4
Bathrooms: 5
Floor: 2
Distance to sea: 370 m
Distance to airport: 25 km

32% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 195 m² that works out to roughly €2,925 per month and €35,100 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 center luxury comfortable apartment 4 bedrooms + study, situated on the 2nd floor, with sea view, in premium new construction with garage and lift. The building has a south-east orientation with beautiful views, literally panoramic of the entire Kvarner Gulf and the islands of Krk and Cres. Apartment 2, total usable area 194.52 m2, consisting of entrance hallway, living room with kitchen and dining room, 3 bedrooms with ensuite bathrooms, additional bedroom and two further bathrooms, hallway, covered balcony and loggia with total usable area 156.85 m2, and 2 garage parking spaces P13 and P14 with total area 25.17 m2 and outdoor parking space P2 with area 12.50 m2. The construction uses highest quality materials, and all apartments will feature modern interior design and be luxuriously equipped, with flooring and wall finishes meeting the highest standards. Features include: - facade stone wool 10 cm - underfloor heating - heat pumps - premium aluminium joinery. During construction there is the possibility to select interior flooring and tiles in bathrooms and kitchen.

This text was machine translated and reviewed by the agency.