Immobalko

Split · Central Dalmatia · Croatia

A functional and comfortable apartment is for sale in an extremely attractive location in the…

For sale · Apartment · Reference IB-13289

€430,000

Key facts

Price
€430,000
Price per m²
€11,026/m²
Living area
39 m²
Rooms
1.5
Year built
1960
Floor
3
Distance to airport
13 km
118% above the regional average (Region average: €5,051/m²)Online for 11 days

Investment overview

Estimated gross yield

1.9%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 39 m² that works out to roughly €672 per month and €8,061 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

A functional and comfortable apartment is for sale in an extremely attractive location in the Bačvice area, located on the 3rd floor of a neat and well-maintained residential building. With a total area of ​​38.79 m², the apartment is very well organized and maximizes the use of space, making it ideal for various purposes. It consists of an entrance area that leads to a bright living room connected to the dining room, kitchen, one bedroom, bathroom and an additional, separate toilet, which provides additional practicality in everyday use. The apartment is pleasant to stay in, with a good layout of the rooms that allows for functional and comfortable living. The property also includes a woodshed, which provides additional storage space, as well as a secured parking space in the building's courtyard - a significant advantage given the demand and limited availability of parking in this part of the city. The apartment is located in an excellent micro-location, in the immediate vicinity of all amenities necessary for quality everyday life - shops, schools, kindergartens, restaurants, cafes and public transport. The proximity to the famous Bačvice beach gives it special value, which makes this property extremely attractive for tourist rental. Thanks to its location, layout and additional amenities, this property represents an excellent opportunity both for investment in tourism and for solving your own housing issue in one of the most desirable parts of Split.

Location

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

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