Primosten/Pension with 16 apartments and a restaurant

For sale · House · Reference IB-20857

€2,400,000

Key facts

Price: €2,400,000
Price per m²: €2,824/m²
Living area: 850 m²
Plot area: 1,713 m²
Rooms: 24
Bedrooms: 24
Bathrooms: 20
Distance to sea: 21 m
Distance to airport: 31 km

27% below the regional average (Region average: €3,852/m²)Online for 2 days

Investment overview

Northern Dalmatia currently has 10 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

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

Pension in PrimoSten with 16 apartments and a restaurant. The property extends to 850 m² and is located on a plot of 1713 m². It consists of four floors plus a storage room in the basement. On the ground floor there is a well-known restaurant with a well-established business. On the left side is a building of 230 m² in which there are four studio apartments. It has a total of 24 bedrooms, 20 bathrooms, and within the restaurant there are also two additional bedrooms with a bathroom for servants. On the first and second floor there are apartments according to the following arrangement: living room, kitchen, two bedrooms, one bathroom. On the first floor, one apartment has underfloor heating. The house is located in the first row to the sea and has a fantastic view of the open sea. The rooms are air-conditioned and hot water goes through solar collectors. In the basement there is a storage room, a fully equipped kitchen and each apartment is furnished. There is also a parking lot with 18 parking spaces. The house has a well-established rental business and a restaurant that works well during the season. The property is located in an excellent location and is a potential for investment. For other information, contact us by email or phone. PRICE: 2.400.000,00 EUR