Immobalko
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Opatija · Kvarner · Croatia

Luxury Resort of 6,000 m2, Fully Furnished and Equipped

For sale · Commercial · Reference IB-19693

€26,000,000

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Key facts

Price
€26,000,000
Price per m²
€4,333/m²
Living area
6,000 m²
Rooms
120
Bathrooms
45
Floor
5
Distance to sea
370 m
Distance to airport
25 km
10% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

4.2%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 6,000 m² that works out to roughly €90,000 per month and €1,080,000 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

We offer a luxury resort comprising two separate entrances, providing greater privacy for all apartments. Each floor is organized with a maximum of 4 apartments. The hotel resort consists of a total of 35 apartment units, completely modern and designer-furnished, plus a wellness center. All units feature spacious living areas and large terraces with unique sea views (available in one-bedroom, two-bedroom, and three-bedroom configurations, as well as penthouse units). The property includes a luxury wellness center of 230 m2 featuring a sauna, fitness area, changing rooms, an outdoor pool, and 139 m2 of sun terrace. The building is structured as P0/P/4/Pk/K (flat roof). All apartments in the resort feature beautiful terraces and sun areas oriented towards the sea, while the interiors are bright with extensive glazed surfaces. The underground level accommodates 22 standard parking spaces and 54 lift parking spaces (including 4 disabled parking spaces). Penthouse apartments have access to roof terraces with showers, an outdoor kitchen, and storage. The entire property is sold together with an established company (d.o.o.). A rare offering in the most beautiful location in Opatija, close to one of the main beaches.

This text was machine translated and reviewed by the agency.

Features

  • Sea view
  • Pool

Location

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

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