Opatija center one-bedroom apartment with bathroom, ground floor 42.3 m2

For sale · Apartment · Reference IB-19673

€299,000

Key facts

Price: €299,000
Price per m²: €7,119/m²
Living area: 42 m²
Plot area: 106 m²
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Distance to sea: 370 m
Distance to airport: 25 km

81% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

2.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 42 m² that works out to roughly €630 per month and €7,560 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 center apartment/commercial space on the ground floor of a building with a total area of 42.3 m2. The building is located in the very center, 200 m away from the beach. The space consists of a hallway, bedroom, kitchen, bathroom and toilet, and can be converted into an apartment/residential unit, though it is currently configured as a commercial space for a quiet business activity. The property includes an outside area of 106 m2 that can be arranged as a terrace.

This text was machine translated and reviewed by the agency.