Immobalko
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Rijeka · Kvarner · Croatia

RIJEKA, APARTMENT IN THE CENTER, IN A MAGNIFICENT HISTORIC BUILDING

For sale · Apartment · Reference IB-20352

€345,000

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Key facts

Price
€345,000
Price per m²
€4,259/m²
Living area
81 m²
Rooms
2
Bedrooms
1
Bathrooms
1
Floor
1
Distance to sea
164 m
Distance to airport
16 km
8% above the regional average (Region average: €3,931/m²)Online for 3 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 81 m² that works out to roughly €1,215 per month and €14,580 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

An excellent apartment is for sale just a few minutes from Rijeka's historic center, and near all essential amenities. The apartment is located on the first floor of a historic building, with an orientation on three sides, and is filled with light. The apartment consists of an entrance hall, corridor, spacious living room, dining room, kitchen with a wonderful view, bedroom, bathroom and a spacious terrace. A storage room of approximately 8 m2 is included with the apartment. The building is surrounded by greenery, and all residents are co-owners of a shared garden. Free parking is available around the building. The apartment is registered in the deed at 59.57 m2, but in reality has a floor area together with the terrace of 81 m2. With minor modifications, an additional bedroom can be created in the apartment. The apartment is ideal for everyday living or as an investment.

This text was machine translated and reviewed by the agency.

Location

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

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