Immobalko
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Rab · Kvarner · Croatia

RAB - FIRST LINE TO THE SEA - A RARITY ON THE MARKET!!

For sale · House · Reference IB-19800

€1,500,000

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Key facts

Price
€1,500,000
Price per m²
€7,282/m²
Living area
206 m²
Plot area
3,800 m²
Rooms
5
Bedrooms
5
Bathrooms
5
Distance to sea
203 m
Distance to airport
37 km
85% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

2.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 206 m² that works out to roughly €3,090 per month and €37,080 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

Luxury house in a remarkable position. The property is located on the island of Rab, one of the sunniest and most beautiful islands on the Adriatic, with a charming historic center and rich heritage. Properties of this kind rarely appear on the market due to their exceptional location and excellent potential for tourist rental. This first-line-to-sea property features modern architecture and thoughtfully designed and maintained interior and exterior spaces. Coastal vegetation and olive trees grace the grounds and ensure complete privacy for the owners in their private oasis. The house comprises two completely separate apartments. The ground floor apartment is a two-bedroom with living room, three bathrooms, storage space of 82 m2 and a covered terrace of 36.65 m2, plus a courtyard with a swimming pool and sun terrace that creates the impression of floating on water. On the upper floor is a larger apartment of 124 m2, 3 bedrooms plus living room, auxiliary rooms and storage with a balcony. From the living room, access leads to a covered terrace of 26.18 m2. Exceptionally well-planned layout and designer-furnished apartment. From all front-facing rooms, there are enchanting views of the sea.

This text was machine translated and reviewed by the agency.

Features

  • Pool

Location

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

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