Immobalko
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Crikvenica · Kvarner · Croatia

SELCE - HOUSE WITH SEVERAL RESIDENTIAL UNITS

For sale · House · Reference IB-19313

Price on request

Key facts

Price
Price on request
Living area
430 m²
Plot area
450 m²
Rooms
19
Bedrooms
13
Bathrooms
8
Distance to sea
27 m
Distance to airport
13 km
100% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

7,740,000.0%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 430 m² that works out to roughly €6,450 per month and €77,400 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 an apartment house whose 4th floors spread over a total of 430 m2 of living space. The house consists of four floors connected to each other by an internal staircase: Ground floor: Apartment with one bedroom, living room and kitchen, bathroom. Apartment with two bedrooms, living room and kitchen, bathroom. (The apartments have separate entrances from the ground floor) Large guest kitchen with dining room, boiler room, laundry room 1st floor: large apartment with living room, dining room, kitchen, two bedrooms with balconies, bathroom, toilet, hallway. 2nd and 3rd floor 8 bedrooms with bathrooms. Each room has its own balcony with a view of the sea. The garden is a combination of a Mediterranean garden and parking. In addition to parking for 8 vehicles, it also has a garage. A well-established rental business! A great investment for someone who wants to do renting! Most of the furniture and all interior carpentry are made to measure, from solid wood. The floors are made of parquet and marble. Central heating with heating oil. All rooms are air-conditioned. It is sold furnished. The distance from the sea, the town center and all the necessary facilities is less than 400 m.

Features

  • Sea view

Location

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

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