Immobalko
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Crikvenica · Kvarner · Croatia

SELCE - LUXURY APARTMENT ON 2 FLOORS

For sale · Apartment · Reference IB-19281

€650,000

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Key facts

Price
€650,000
Price per m²
€4,333/m²
Living area
150 m²
Rooms
4
Bedrooms
3
Bathrooms
3
Floor
2
Distance to sea
27 m
Distance to airport
13 km
10% above the regional average (Region average: €3,931/m²)Online for 13 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 150 m² that works out to roughly €2,250 per month and €27,000 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 duplex apartment for sale in a new building. The apartment with a total area of 150.48 m2 is designed in such a way that on the 1st floor there are 2 bedrooms, each with a bathroom, while on the 2nd floor there is a large living room with a kitchen and dining room with a total area of 42.30 m2, and another bedroom with an en-suite bathroom. Each floor has a balcony with a panoramic view of the sea. Both balconies are approximately 16 m2. The floors are interconnected by an internal staircase, and the building also has an external staircase and an elevator that connects all floors. The layout of the room with square footage is best visible from the floor plan. The apartment is air-conditioned, and heating is solved by heat pumps. The building is secured with a state-of-the-art alarm system and video surveillance. The exterior joinery is aluminum with the addition of blinds, blinds and mosquito nets. The apartment also has two parking spaces. The parking lot will be closed by a ramp. The property is located 800 m from the sea and the nearest beach.

Features

  • Sea view
  • New build

Location

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

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