€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Split · Central Dalmatia · Croatia
Premium and rare opportunity of a 4-room apartment in the center of Split, 105.76 m²
For sale · Apartment · Reference IB-13637
€548,000
Key facts
- Price
- €548,000
- Price per m²
- €5,170/m²
- Living area
- 106 m²
- Rooms
- 4
- Floor
- 1
- Distance to airport
- 12 km
2% above the regional average (Region average: €5,051/m²)Online for 11 days
Investment overview
Estimated gross yield
4.0%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 106 m² that works out to roughly €1,826 per month and €21,910 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
Premium and rare opportunity of a 4-room apartment in the center of Split, 105.76 m² Located just a few steps from the Riva and the ferry port, this spacious and elegant urban apartment of 105.76 m² represents a rarely available property in the heart of Split — a blend of authentic Dalmatian character, functional layout, and long-term market value. The apartment is situated on the first floor of an indigenous stone house and retains what is becoming increasingly difficult to find in the old town core today: high ceilings of over three meters, preserved Art Nouveau doors, large window openings, and a sense of space that modern construction often lacks. Natural light is present throughout the day thanks to the southwest orientation and additional openings on the north side, while arches and original architectural details give the space a noble character and warmth. The layout is highly functional and opens up multiple usage possibilities. The apartment currently comprises three bedrooms, two bathrooms, two kitchens, a living room with a dining area, and a spacious hallway and entrance area. Two large rooms of approximately 24 m² particularly emphasize the comfort of the property, and thanks to the layout, it is possible to easily form a separate living unit without compromising the privacy of the main part of the apartment. One part of the property has been successfully used for tourist rental for years, achieving stable business results, which provides additional investment security for this property. The possibility of dividing it into multiple functional units further increases its potential — whether for a combination of private life and rental or as a long-term investment in the city center where the supply of such apartments is extremely limited. The apartment has been well maintained and renovated in 2020, with replaced installations, windows, and shutters, while the original Art Nouveau elements have been carefully preserved. It is sold partially furnished and equipped with four air conditioners. The practicality of the location adds extra value, as access by car, including larger vehicles and vans, is possible to the building, which is a rarity in the historical core of Split, and there are several city parking lots in the immediate vicinity. The apartment also comes with a storage room and a cellar. The property is located in one of the most sought-after micro-locations in Split, in a quiet position within the city center, just a few minutes' walk from the Riva, the market, the ferry port, shops, restaurants, schools, and all key city amenities. Such urban apartments with authentic character, the possibility of division, and proven investment potential are extremely rare on the Split market today.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
