Opatija, close to centre, luxury apartment, 3rd floor, 4 bedrooms + 2 bathrooms, 198.45 m2

For sale · Apartment · Reference IB-19510

€913,000

Key facts

Price: €913,000
Price per m²: €4,611/m²
Living area: 198 m²
Rooms: 5
Bedrooms: 4
Bathrooms: 5
Floor: 3
Distance to sea: 370 m
Distance to airport: 25 km

17% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.9%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 198 m² that works out to roughly €2,970 per month and €35,640 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, close to centre, luxury comfortable apartment with 4 bedrooms and 2 additional bathrooms on the 3rd floor, with sea view, in a superior new building with garage and lift. The building has a south-eastern orientation with a beautiful panoramic view of the entire Kvarner Bay and the islands of Krk and Cres. Apartment 3, total usable area 198.45 m2, comprises an entrance hallway, living room with kitchen and dining area, 3 bedrooms with ensuite bathrooms, and an additional bedroom with 2 further bathrooms, hallway, covered balcony and terrace with total usable area 156.85 m2, plus 2 garage spaces P11 and P12 with total area 29.10 m2 and 1 external parking space P3 with area 12.50 m2. Pleasant and quiet location close to Opatija centre. The construction uses the highest quality materials and all apartments will feature modern interior design and luxury finishes, with floor and wall coverings to the highest standards. - facade stone wool 10 cm - underfloor heating - heat pumps - premium aluminium joinery During construction there is the possibility to select interior floor coverings and tiles for bathrooms and kitchen.

This text was machine translated and reviewed by the agency.