RARITY ON THE MARKET! KONOBA CENTAR CRIKVENICA

For sale · Commercial · Reference IB-19248

€450,000

Key facts

Price: €450,000
Price per m²: €5,294/m²
Living area: 85 m²
Distance to sea: 129 m
Distance to airport: 11 km

35% above the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

3.4%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 85 m² that works out to roughly €1,275 per month and €15,300 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

***STRICT CENTRE OF CRIKVENICA*** It is a pleasure to present to you an excellent restaurant with a 19-year tradition of good food and drink! This well-known konoba has been delighting its visitors for many years with excellent brunches and a rich menu and wine list. Excellent return because Konoba has been operating under lease for 19 years. The konoba is active throughout the year and operates excellently. The owner of the Konoba is selling for private reasons. A potential buyer can simply take over the contract with the current existing tenant or demonstrate ingenuity with new ideas and adapt the space to their vision and needs (traffic data available only if specifically requested during viewing). The konoba measures 84.5 m2, and there is an external terrace of 20 m2 which is rented (City of Crikvenica). Pictures speak louder than a thousand words! Seating capacity: - INDOOR SPACE: 30 seats - TERRACE: 16 seats The konoba consists of a central area with tables (34.56 m2), bar (17.03 m2), kitchen (17.67 m2), separate male/female WC (5.55 m2), storage room (7.25 m2) and staff WC (2.53 m2).

This text was machine translated and reviewed by the agency.