Immobalko

Split · Central Dalmatia · Croatia

In an attractive location in the Split neighborhood of Skalice, in close proximity to the city…

For sale · Apartment · Reference IB-13617

€320,000

Key facts

Price
€320,000
Price per m²
€4,706/m²
Living area
68 m²
Rooms
2
Floor
3
Distance to airport
11 km
7% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 68 m² that works out to roughly €1,170 per month and €14,045 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 an attractive location in the Split neighborhood of Skalice, in close proximity to the city center, Poljud, schools, kindergartens, and all essential amenities, this three-room apartment with an area of 67.70 m² is situated. The apartment is located on the 3rd floor of the building, which is the top floor, and essentially represents a functional three-room apartment with a kitchen and dining area. It consists of three rooms, a hallway, a kitchen and dining area with access to a loggia, and a bathroom. The apartment requires renovation, but it is currently habitable and provides an excellent foundation for arranging according to one's own desires and needs. Thanks to its size, layout, and highly sought-after location, it represents an interesting opportunity for both solving housing needs and for investment. The location allows for quick and easy access to the city center, Poljud, schools, kindergartens, shops, and other facilities necessary for everyday life. For more information and to arrange a viewing, 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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