Immobalko

Imotski · Central Dalmatia · Croatia

Family house with three apartments in the center of Imotski, garden, courtyard and garage

For sale · House · Reference IB-14205

€397,000

Key facts

Price
€397,000
Price per m²
€1,388/m²
Living area
286 m²
Plot area
221 m²
Rooms
5
Year built
1975
Distance to airport
47 km
73% below the regional average (Region average: €5,051/m²)Online for 11 days

Investment overview

Estimated gross yield

14.9%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 286 m² that works out to roughly €4,926 per month and €59,114 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

Family house with three apartments in the center of Imotski, garden, courtyard and garage In the very center of Imotski, this property is located, representing a rare opportunity on the market, both due to its location and its functionality and potential. On a plot with a total area of 221 m2, there is a house with a total gross area of 380 m2, as well as a courtyard and garden with a total area of 110 m2. In the courtyard there is also an auxiliary building – a garage with an area of 21 m2, and unobstructed car access is ensured. The house consists of a basement, ground floor, first and second floor and is organized as three completely separate residential units connected by an internal staircase. Such a layout allows for various uses, from peaceful family living to investment purposes with rental potential. The basement contains a storage room. The ground floor consists of a two-bedroom apartment with a kitchen, dining area and living room, a bathroom with toilet and a spacious entrance hallway, while on the same level there is also an additional room serving as storage and a boiler room. On the first floor there is a spacious apartment consisting of a wide entrance hallway, a bathroom with toilet, two bedrooms, a large loggia and an open space of kitchen, dining room and living room. The second floor consists of a separate residential unit with one bedroom, a hallway, a bathroom, and a kitchen, dining room and living room. A special value of this floor is a large covered terrace with an area of as much as 48 m². The house is oriented to the south, east and west and is filled with natural daylight throughout the day. It has been well maintained, has central heating on fuel oil, water, electricity and sewage connections, and is sold fully furnished. Panels for electricity production are installed on the roof, through which water is heated. The last major renovation was carried out in 2021, when the roof and façade were renewed. The landscaped courtyard with a well and garden further contributes to the quality of living, while the garage and parking possibilities represent a significant advantage given the central city location. The house is located in the immediate vicinity of all important amenities such as shops, school, kindergarten, public transport and other city infrastructure, which enables a comfortable and practical everyday life. The town of Imotski is known for its rich history, natural beauty and high quality of life. Located near the Blue and Red Lakes, with excellent transport connections to the coast and the motorway, Imotski offers a peaceful urban environment, developed infrastructure and all the necessary amenities for year-round living. In recent years, the town has also been recording increasing interest as a tourist destination, which further increases the long-term value of real estate in this area. View the virtual tour: https://Opereta-d-o-o.vr-360-tour.com/e/AsgBnB2nU8c/e?hidehotspotlabels=true&hidelive=true&hidetitle=true

Location

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

Similar properties

WhatsApp