Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, house for sale, 500.000 €

For sale · House · Reference IB-16488

€500,000

Key facts

Price
€500,000
Price per m²
€3,650/m²
Living area
137 m²
Plot area
540 m²
Rooms
3
Bathrooms
2
28% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.7%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 137 m² that works out to roughly €2,360 per month and €28,317 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

Beautiful detached house with open views of the Kaštela Bay and Split. The house has 137 m2 and two floors. On the ground floor there is a living room, bathroom, kitchen with dining room, and on the first floor there are three bedrooms and a bathroom. The southern orientation gives the property plenty of light. The house is located on a plot of 540 m2 and there is parking for several cars in front of the house. The new building is in the final stage of documentation and is ready for move-in.

Location

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

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