Immobalko

Podstrana – Grljevac · Central Dalmatia · Croatia

In a quiet and pleasant environment, in one of the best locations in Podstrana, there is a…

For sale · Apartment · Reference IB-13592

€330,000

Key facts

Price
€330,000
Price per m²
€4,459/m²
Living area
74 m²
Rooms
2
Year built
2008
Floor
1
Distance to airport
20 km
12% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

4.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 74 m² that works out to roughly €1,274 per month and €15,284 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

In a quiet and pleasant environment, in one of the best locations in Podstrana, there is a functional apartment with a total calculated area of 73.64 m², designed to provide maximum comfort for everyday living. Located on the first floor of a well-maintained residential building, the apartment features a quality layout, plenty of natural light, and a pleasant ambiance. The living area of 48.92 m² consists of an entrance hallway, an open living room connected to the kitchen and dining area, two bedrooms, a bathroom, and a hallway that further contributes to the functionality of the space. From the living area, there is access to a loggia that has been converted into an office to provide the possibility of working with a view of greenery. An additional value to the property is provided by a spacious storage room of 13.40 m² located in the basement of the building, which offers enough space for storing seasonal items, bicycles, or sports equipment. The apartment also includes an outdoor parking space of 13.32 m², which is included in the price. Thanks to the excellent layout and two bedrooms, the apartment is an excellent choice for family living, young couples, or as a long-term profitable investment for rental, with an already requested offer for tenancy. The combination of functionality, outdoor space, and large storage makes this property an extremely practical and pleasant place to live. The location, which is only a 3-minute walk from the sea, further enhances the value of the property. Ownership is clear, and it is possible to purchase the property through a loan. For more information and to arrange a viewing appointment, please feel free to contact us.

Location

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

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