Immobalko
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Opatija · Kvarner · Croatia

Opatija, city center, multi-apartment building, elevator, underground garage

For sale · House · Reference IB-19619

Price on request

Key facts

Price
Price on request
Living area
2,200 m²
Plot area
1,020 m²
Rooms
51
Bedrooms
35
Distance to sea
370 m
Distance to airport
25 km
100% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

39,600,000.0%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 2,200 m² that works out to roughly €33,000 per month and €396,000 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, in the city center, fully developed building with 15 luxury apartments, 2 business spaces, underground garage + storage (one per apartment), elevator connecting all floors, green roof terrace. In the heart of Opatija, near the city beach, a multi-apartment building completed in 2016 on a fenced plot of 1020 m2 is offered, fully finished and ready for immediate occupancy. Three ground floor apartments have their own green gardens, while five apartments on the third and fourth floors include ownership of 40-60 m2 of green roof terrace with beautiful views of the sea and islands. All apartments are ready for immediate occupancy, heating via heat pumps, electric shutters on windows. Building with energy certificate A+, video surveillance. For all information: gordana@opatijanekretnine.info; 00385923845410

This text was machine translated and reviewed by the agency.

Features

  • Sea view

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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