Immobalko

Lopar · Kvarner · Croatia

In the center of Lopar on the island of Rab, just a few minutes' walk from the famous sandy beach…

For sale · House · Reference IB-13967

€700,000

Key facts

Price
€700,000
Price per m²
€1,556/m²
Living area
450 m²
Plot area
554 m²
Rooms
2
Year built
1900
Distance to airport
40 km
64% below the regional average (Region average: €4,330/m²)Online for 11 days

Investment overview

Kvarner currently has 3 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

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

In the center of Lopar on the island of Rab, just a few minutes' walk from the famous sandy beach, there is a larger stone building with potential for tourist repurposing and the development of an accommodation project. Situated on a gentle elevation with a view of the sea and surroundings, this property represents a rare opportunity for the renovation of a larger volume building in one of the most well-known locations on the island of Rab. The main building has approximately 450 m2 of gross area distributed over three floors and an attic. It is built in a stone construction and retains a number of authentic elements of coastal architecture. On the front side, there are terraces with a sea view, while on the ground floor there is already a partially furnished apartment and a tavern. On the plot, there is also an additional stone building with a footprint of 78 m2, formerly used for agricultural purposes (smokehouse), which provides the possibility of arranging additional accommodation or ancillary facilities, depending on the future investment concept. The property has direct access via an asphalted road, and parking is possible within the yard. Given the size of the building and the existing layout, the property offers potential for the arrangement of a larger number of accommodation units, apartments, or tourist facilities, depending on the future concept of the investor. Lopar is one of the most famous tourist destinations on the island of Rab, recognizable for its large number of sandy beaches, developed family tourism, and long tourist tradition. In the immediate vicinity, there are restaurants, shops, promenades, a marina, and all the amenities necessary for a stay and tourist business. The island of Rab attracts domestic and foreign guests throughout the year thanks to its nature, sea, mild climate, and good transport connections to the mainland via ferry and catamaran lines. This property may be of interest to investors looking for a characterful building with potential for the development of tourist content in an attractive location near the sea.

Location

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

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