Immobalko
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Opatija - Okolica · Kvarner · Croatia

Opatija, house with building land, sea view, parking, near center

For sale · House · Reference IB-19594

€890,000

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Key facts

Price
€890,000
Price per m²
€1,561/m²
Living area
570 m²
Plot area
2,479 m²
Rooms
10
Bedrooms
6
Distance to sea
773 m
Distance to airport
25 km
60% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

11.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 570 m² that works out to roughly €8,550 per month and €102,600 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

Near the center of Opatija, in an excellent location, we offer a residential-commercial new build with a total area of 570 m2, on a building plot of 2,479 m2, with an open sea view, comprising a basement, ground floor and two upper floors. Currently, the basement represents a large storage space and a wine cellar with fireplace, the ground floor is organized for commercial spaces, while the first and second floors house two comfortable two-bedroom apartments with loggias and balconies; each floor is approximately 142 m2. The new build has an open sea view, as does the entire building plot. The building is unfinished - in advanced shell construction stage. The property is currently a rarity on the market and an excellent opportunity for investors who can modify the entire project as desired, given the total area of the building plot is 2,479 m2. Do not miss this opportunity.

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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