ISLAND OF KRK - RUSTIC STONE HOUSE WITH SWIMMING POOL

For sale · House · Reference IB-19460

€530,000

Key facts

Price: €530,000
Price per m²: €2,650/m²
Living area: 200 m²
Plot area: 1,000 m²
Rooms: 6
Bedrooms: 5
Bathrooms: 2
Distance to sea: 199 m
Distance to airport: 11 km

33% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

6.8%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 200 m² that works out to roughly €3,000 per month and €36,000 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

ISLAND OF KRK - ŠILO - RUSTIC STONE VILLA WITH SWIMMING POOL We offer a beautifully renovated stone house in rustic style with a swimming pool, located 2 km from the sea. The house is semi-detached, yet designed in such a way that it provides complete peace, quiet and private intimacy. It consists of 3 floors: Ground floor: tavern with original stone olive press for olive oil production, and one apartment; 1st floor: open space kitchen + dining area + living space with large fireplace (hearth), and access to a gallery where the sleeping area is located; 2nd floor (attic): three bedrooms and bathroom. The villa is heated centrally with solid fuels (wood/pellets), cooling is provided by air conditioning units. Two beautifully arranged terraces are located on the ground floor and first floor. The villa is categorized with 4 stars for tourist rental purposes. Currently, if someone were to rent the villa, it is booked from May to September this year, but the owner can also cancel reservations. What makes this villa special is the restored furniture and numerous details from the period in which it dates. The villa is surrounded by beautiful nature full of native plants, and for cooling in summer, there is a swimming pool and sunbathing area. It has approximately 20 olive trees which yield up to 100kg annually, and are watered through rainwater collection, as is the lawn. An opportunity not to be missed!

This text was machine translated and reviewed by the agency.