Opatija, renovated apartment 123 m2 on 2nd floor of villa in the heart of town, parking

For sale · Apartment · Reference IB-19695

€625,000

Key facts

Price: €625,000
Price per m²: €5,081/m²
Living area: 123 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 2
Floor: 2
Distance to sea: 370 m
Distance to airport: 25 km

29% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 123 m² that works out to roughly €1,845 per month and €22,140 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 heart of town, renovated 2-bedroom apartment with en-suite bathroom, parking space. Located in a historic Opatija villa built in 1891, on the second floor, the renovated apartment of 123 m2 features: entrance hall, spacious living room of 38 m2 with solid fuel fireplace and sea view, modern kitchen with dining area of 24 m2 with air conditioning, two bedrooms, two bathrooms, and a storage room of 18 m2 in the basement. The apartment includes 1 parking space in the villa grounds. Beautiful and quiet location in the heart of Opatija, surrounded by lush greenery and elegant villas, with all necessary amenities for daily living in the vicinity.

This text was machine translated and reviewed by the agency.