RIJEKA, BELVEDER, SEA VIEW APARTMENT WITH EXCELLENT POTENTIAL

For sale · Apartment · Reference IB-20351

€199,000

Key facts

Price: €199,000
Price per m²: €3,491/m²
Living area: 57 m²
Rooms: 2
Bedrooms: 1
Bathrooms: 1
Floor: 4
Distance to sea: 714 m
Distance to airport: 17 km

11% below the regional average (Region average: €3,931/m²)Online for 3 days

Investment overview

Estimated gross yield

5.2%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 57 m² that works out to roughly €855 per month and €10,260 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

A fine apartment is for sale in Rijeka, in the Belveder area, just a few minutes' walk from the city centre and close to all essential amenities. The apartment is also near primary and secondary schools, as well as the Faculty of Economics and Faculty of Medicine. The apartment is located on the fourth floor of a five-storey building and offers a beautiful sea view. Due to its orientation, it benefits from abundant natural light. It comprises an entrance hall, bathroom, bedroom, living room (which can also be converted into a bedroom), kitchen, dining area, and balcony. Several years ago, the apartment underwent partial renovation including: - installation of a complete gas heating system, including a gas boiler, radiators and associated installations - installation of new electrical wiring - installation of new parquet flooring in the rooms - installation of new windows - installation of new tiles on the balcony. The apartment's layout provides considerable scope for additional customization as desired. It is ideal for everyday living as well as for investment purposes through rental. The ownership documents are in order.

This text was machine translated and reviewed by the agency.