€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Kaštela · Central Dalmatia · Croatia
Kastela, apartment for sale, 330.000 €
For sale · Apartment · Reference IB-16426
€330,000
Key facts
- Price
- €330,000
- Price per m²
- €4,714/m²
- Living area
- 70 m²
- Rooms
- 3
- Bathrooms
- 1
7% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
4.4%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 70 m² that works out to roughly €1,206 per month and €14,469 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
Apartment on the top floor of the house with a sea view, just 200 m from the beach. There is also a commercial space on the ground floor of the house for sale. It is located right next to the old road in one of the Kaštela, and has one parking space. The total living area of the apartment is 70.43 m2. The apartment consists of an entrance hall, hallway, three bedrooms, bathroom, kitchen, living room, dining room, and a balcony that extends along the entire south side of the house. The balcony can be accessed from the living room and the master bedroom. The apartment also includes a small part of the garden on the left side of the house, an external staircase, and part of the terrace under which there is a commercial space, facing north. The commercial space has an area of 24.48 m2, and consists of the main space and a small storage room. The outdoor parking space is located right in front of the commercial space, along the road, and has an area of 10.73 m2. The office space is under active lease and allows the continuation of the lease without any additional investment. The apartment is well maintained and ready to move in, but it needs a little modernization. All essential facilities are located in the immediate vicinity of the property itself, and considering the location and proximity to the beach, the apartment can easily be turned into an excellent business opportunity during the summer season.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
