Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, house for sale, 560.000 €

For sale · House · Reference IB-16577

€560,000

Key facts

Price
€560,000
Price per m²
€1,867/m²
Living area
300 m²
Plot area
243 m²
Rooms
6
Bathrooms
4
63% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

11.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 300 m² that works out to roughly €5,167 per month and €62,008 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

For sale is a semi-detached multi-storey building of 300m2 just 200m from the sea with its own garage and private entrance The multi-storey building has a completely new facade and the interior apartments were completely renovated in 2019 and consists of the following units: GROUND FLOOR: garage with electric roller doors-25m2 ground floor hallway-14.8m2 separate storage room-6.33m2 studio (currently rented) 30m2 1ST FLOOR: separate apartment accessed via an internal shared staircase with a total area of 76m2 of which: LIVING ROOM-15.17m2 WC-3.01m2 KITCHEN-4.67m2 ROOM 1-11.39m2 ROOM 2- 7.31m2 BALCONY-1.37m2 CLOSED LOGGIA-5.71m2 CLOSED LODGE-7.30m2 TERRACE-20.61m2 with an exit from the large bedroom Apartment completely renovated in 2019, new kitchen and all appliances, bathroom renovated in 2019 All bedrooms are fully furnished and have their own exits to balconies/terraces 2ND FLOOR: an internal common staircase leads to the 2nd floor and then to the 3rd floor, where we have a two-story apartment with a total area of 138m2, of which on the 2nd floor we have a bathroom + a kitchen with a dining room with 2 closed loggias with a total area of 60m2 and a bathroom of 3.03m2. On the 3rd floor there are 2 large bedrooms with exits to 2 open balconies overlooking the sea bedrooms: 1 bedroom 26.6m2 2 bedrooms 13.23m2 + attic 20m2 toilet with shower cabin - 3.87m2 The object is it is currently used as a family home, but its excellent arrangement of internal units (apartments) offers countless possibilities, from continuing to use the building as a family home to engaging in tourism with several separate apartments and a fantastic location and sea view.

Location

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

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