€750,000Split · Central Dalmatia
Luksuzan trosoban stan na Gripama
100 m² · 3 rooms
Split · Central Dalmatia · Croatia
Commercial and residential building in Split, surface area 710m2, land 334m2
For sale · House · Reference IB-13837
€1,350,000
Key facts
- Price
- €1,350,000
- Price per m²
- €1,901/m²
- Living area
- 710 m²
- Plot area
- 334 m²
- Rooms
- 3
- Year built
- 1980
- Distance to airport
- 14 km
62% below the regional average (Region average: €5,049/m²)Online for 11 days
Investment overview
Estimated gross yield
10.9%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 710 m² that works out to roughly €12,220 per month and €146,644 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
Commercial and residential building in Split, surface area 710m2, land 334m2 A business and residential building on four floors is located on the north side of Split. The business area of 289m2 is divided into 2 floors: The first floor is used as a sales hall. Part of the 2nd floor as an office space with 2 spacious glazed offices. The second part of the same floor, the residential part, consists of a larger lobby, a larger dining room, a kitchen, a living room, a toilet and an additional room. The third floor consists of 3 bedrooms, one toilet and 2 larger terraces. The fourth floor, currently separated by an external spiral staircase, is in high condition, with an area of 110m2. Due to separate entrances to the second and fourth floors, there is a possibility for 2 separate apartments. Parking is in a wide street where a large number of cars can be parked. The property is located near all necessary facilities, health center, primary school and the like. Acquisition of ownership is possible through the purchase of business shares.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
