Senj, house with 6 apartments, garage and sea view

For sale · House · Reference IB-19127

€549,000

Key facts

Price: €549,000
Price per m²: €1,094/m²
Living area: 502 m²
Plot area: 619 m²
Rooms: 18
Bedrooms: 12
Bathrooms: 6
Distance to sea: 258 m
Distance to airport: 36 km

72% below the regional average (Region average: €3,931/m²)Online for 13 days

Investment overview

Estimated gross yield

16.5%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 502 m² that works out to roughly €7,530 per month and €90,360 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

Senj – Shell Construction with 6 Residential Units and Sea View in Prime Location near the Beach For sale is a solidly built shell construction located on an elevated plot above the historic center of Senj. This property includes six planned residential units with sea views and offers excellent potential for investment – ideal for holiday rentals, long-term leasing, or resale of individual apartments. Key Information – Land plot: 619 m² – Building layout: ground floor + 2 upper floors + basement level with garages and storage rooms – 6 planned units, each featuring: • 2 bedrooms • Open-plan living room with kitchen and dining area • Bathroom + additional guest toilet • Terrace or loggia accessible from bedrooms and living room Property Highlights – Sea view: partial from the 1st floor, panoramic from the 2nd floor (including the old town and nearby islands) – Garage included for each apartment – Additional outdoor parking possible on adjacent parcel depending on landscaping – Distances: 400 m to the beach, 500 m to the town center, 350 m to the nearest supermarket – Excellent road access: only 23 km to the A1 highway (Žuta Lokva exit) Investor Advantages As a shell construction, the property allows for full flexibility in interior layout, design, and materials. Whether you're planning tourist apartments, modern rental flats, or units for individual resale – you control the concept and quality. Why Senj? Senj is one of the oldest towns on the northern Adriatic, located at the junction of sea and mountain. Its growing popularity, authentic charm, and practical infrastructure make it a strong investment location with excellent long-term potential. Price: €549,000 + 3.75% agency commission (incl. VAT)