Immobalko

Split · Central Dalmatia · Croatia

Apartment Split, center, 7th floor, sea, city and island views.

For sale · Apartment · Reference IB-13007

€480,000

Key facts

Price
€480,000
Price per m²
€7,619/m²
Living area
63 m²
Rooms
2
Floor
7
Distance to airport
12 km
51% above the regional average (Region average: €5,051/m²)Online for 11 days

Investment overview

Estimated gross yield

2.7%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 63 m² that works out to roughly €1,085 per month and €13,022 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

Apartment Split, center, 7th floor, sea, city and island views. Penthouse with a total gross area of ​​88 m2, including spacious terraces,It is located in an extremely attractive and quiet location in Split, with a park environment that provides a pleasant everyday life and proximity to all important amenities. The apartment is designed to offer exceptional flexibility in decoration: there is only one load-bearing wall in the entire space, located on the terraces, while all other walls are partition walls and can be easily removed or changed. This feature allows the buyer to completely adapt the floor plan to their own wishes - from an open concept to the formation of several separate rooms. The apartment consists of an entrance hall that on the left leads to a bathroom with a toilet and a large space in which the living room, dining room and kitchen are united. This room has access to a western terrace. There are also two large bedrooms in the flat, each bedroom has access to an eastern covered terrace that can be closed, so that each room has a separate unit for fresh air and plenty of natural light. The property stands out for its unique panoramic views. The apartment offers a view of the sea on both sides, the entire city of Split, Marjan and the surrounding mountain ranges - Mosor, Kozjak and Biokovo. The apartment is located in the city center, on the top of a residential building with an elevator, in the immediate vicinity of all amenities necessary for everyday life such as schools, restaurants and cafes. An ideal property with great potential.

Location

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

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