Smokvica, Semi-Detached House, 4 Apartments, 80m from the Sea

For sale · House · Reference IB-19464

€440,000

Key facts

Price: €440,000
Price per m²: €1,673/m²
Living area: 263 m²
Plot area: 168 m²
Rooms: 10
Bedrooms: 8
Bathrooms: 4
Distance to sea: 106 m
Distance to airport: 26 km

57% below the regional average (Region average: €3,931/m²)Online for 12 days

Investment overview

Estimated gross yield

10.8%

Based on the rental average in Kvarner of €15.00 per m² and month, drawn from 97 active rental listings. At 263 m² that works out to roughly €3,945 per month and €47,340 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

FIRST LINE TO THE SEA! Semi-detached house for sale in Smokvica Krmpotska, situated just 80 metres from the sea - an ideal opportunity for tourism business. Additionally, another semi-detached house is also available for sale, offering significant potential for tourism, guest house, small hotel, care home, and similar ventures. This house has a total area of 263 square metres and is divided into four residential units, making it a perfect investment for tourism or as a family residence for larger families. It features a garden of 168 m2 (with barbecue, seating area and relaxation space) which provides additional possibility for constructing a swimming pool. The house consists of four residential units (basement, 1st floor, 2nd floor, attic) that can be used as rental apartments or family accommodation. Each unit has its own entrance and private relaxation space on terraces or balconies. It also has a garage that can be converted into a small studio. The house is well maintained and ready for immediate occupancy or rental. The location of this house is absolutely top tier, with proximity to the sea and beautiful beaches. Smokvica Krmpotska is a small settlement situated on the stunning Adriatic coast, near Novi Vinodolski, surrounded by nature and pristine beauty. A paradise for lovers of peace, quiet and nature.

This text was machine translated and reviewed by the agency.