€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Kaštela · Central Dalmatia · Croatia
Kastela, old stone house for sale, 440.000 €
For sale · House · Reference IB-16745
€440,000
Key facts
- Price
- €440,000
- Price per m²
- €5,500/m²
- Living area
- 80 m²
- Rooms
- 1
- Bathrooms
- 1
9% above the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
3.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 80 m² that works out to roughly €1,378 per month and €16,536 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
Completely renovated old stone house from the 1700s. The wonderful property is located in the very center of the town and is only 50 m from the sea. In the renovation process, the complete stone and wooden beams over 300 years old were preserved in order to maintain the authentic appearance. The water pipes and the connection to the city sewer were renewed. The house has a total living area of 80 m2, and consists of a ground floor and a first floor. The ground floor consists of a kitchen and a living room, and the first floor consists of a bedroom and a bathroom. Underfloor heating is installed on both floors, as are air conditioners. The property is fully furnished and is being sold as such. Within walking distance are all the necessary facilities for life, as well as a wonderful promenade and the city marina. The distance from the nearest airport is only 4 km.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
