Opatija - Downtown Apartment 64 m2, Newly Renovated with Parking

For sale · Apartment · Reference IB-19487

€395,000

Key facts

Price: €395,000
Price per m²: €6,172/m²
Living area: 64 m²
Rooms: 2
Bedrooms: 2
Bathrooms: 1
Distance to sea: 370 m
Distance to airport: 25 km

57% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

2.9%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 64 m² that works out to roughly €960 per month and €11,520 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

NEW TO MARKET - EXCLUSIVELY AT OPATIJA NEKRETNINE Opatija - A completely renovated downtown apartment with an assigned parking space. The apartment is located on the ground floor of a small building. It comprises two bedrooms, a large entrance hallway, kitchen, storage room, bathroom, and a balcony with access to a green area. The apartment is vacant and ready for immediate occupancy. Due to its location and parking space, it is also suitable for people with limited mobility. A rare find on the market

This text was machine translated and reviewed by the agency.