Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$959,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Fabulous Island Of Krk In The Popular Istria Region Of CROATIA On The Shores Of The Adriatic Sea. 6 Private Apt Units, 3 X 1-Bdrm And 3 X 2-Bdrm. Almost 3000Sqft Total +500 Sqft Of Balconies. Ideal As Private Residence, Vacation Rental And Recreational Use Property Or Long Term Tenancy Use. Street Is A Charming Cul-De-Sac No Traffic, With Family Houses, Villas And Residential Parks. 10-Min Walk Or 5-Min Drive To The Beach And The Historic Old Town. (6mx3m) Oval Recessed Pool built 2019 w/ 2022 updates; including new waterfall , solar panel heating( also has electric heating) and now has its own lighting. The property is completely fenced. The house has its own discreetly planted garden and paved courtyard. Seller can provide legal and financial advice to the Buyers for a successful process. Providing a proper deposit and bearing the costs, all permits can be obtained to operate as rental property. Rental incomes can range from $175 per night for 1bdrm & $250 per night for 2bdrm. **** EXTRAS **** 13.39 Sqm Wine Cellar. Paved Courtyard For 4-5 Cars. 54.38Sqm(586 Sq Ft) Double Garage With 2 Doors. Modern Mediterranean City With Many Parks, Green Spaces, Shops, Restaurants. (id:39198)
Location
Province
Ontario
City
Croatia, Krk
Address
17 Josipa Pupacica St
Postal Code
N/A
Location Highlights
N/A
Listed by
HARVEY KALLES REAL ESTATE LTD. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
3,000
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$959,000
Asking Price
$959,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,000
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
