A rather unusual opportunity is offered here in Medulin: one property with practically two houses with pool for the price of one! Although centrally located in a settlement in Medulin, one is absolutely private in the garden where you can enjoy the tranquility. This garden is the heart of this property as it is wonderful with great old trees. Magnolias, pines, olives, lots of flowers and several fruit trees like cherries and plums offer an incredible flair and ambience, in summer truly a paradise! The property has a high forecasted yield of 10,07% calculated according the average pricing in the local market.
Investment Information:
Asking price: € 370.000,-
The forecasted yearly rental income is: € 40.000,-
Forecast gross yield: 10,07%
The First house
The first house, built in 1991, has a living area of 123m2. Immediately in front is a wonderful terrace - complete with pool and barbecue fireplace!
Entering the house, from the hallway you enter a large living room with kitchen and dining room. There is also a bathroom, and through the second hallway you come to three bedrooms and another bathroom. A staircase on the right leads to the fourth bedroom with a balcony. Although built in the early 90s, the house is in very good and extremely well maintained condition. There is also a basement room of about 12m2.
The second house
Behind this house there is another smaller house of 80m2. It also has two terraces on the first floor, a balcony and a terrace upstairs. This house was built only in 2014, here can also be built another floor to make it much bigger, or a second pool next to it. Currently this house is perfect for 2 people.
The price doesn't not include the 3% brokerage fee.