House Rukavac, Matulji, 860m2

The Opatija Riviera, Ideal for Investment!

In the hinterland of the Opatija Riviera, in a fairytale-like area, there is an exceptionally attractive settlement of detached houses. The settlement covers an area of ​​9000 m2 and consists of 6 houses of different sizes, each with 2 to 5 bedrooms, with a total net area of 860 m2.

The houses were partially renovated in 2018, with some having bathrooms, floors, and roofs renovated, although the renovation is not fully completed. The majority of the work has been finished, and these beauties shouldn't require much to shine in their full glory. Each house has its own kitchen, living room, and a certain number of rooms depending on its size, and each house also has a built-in fireplace.

A shared pool measuring 90 m2, with sanitary facilities and a summer kitchen, is located at the foot of the terrain, and all houses have easy access to the pool. The houses are not fenced off into separate units, forming an interesting complex interconnected by paths and landscaped grounds.

This settlement is ideal for tourist rental, which, considering the location, environment, proximity to Opatija, and large capacity, can be rented out throughout the year. Similarly, this property would likely be suitable for a luxury retirement home with additional modifications. Due to its isolation, this settlement would also be ideal as accommodation after potential aesthetic or dental procedures.

A renowned tourist rental agency has projected an income of around 180,000 euros per season for these houses, which allows for the approximation of return on investment after the capital investment in purchase and adaptation within 10-12 years. The settlement is designed in such a way that it is possible to renovate each house, separate the grounds, and individually return them to the market for sale as separate units.

In any case, we consider this property to have exceptional potential with the expected quick return on investment and it has our highest recommendation!