Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, house for sale, 600.000 €

For sale · House · Reference IB-16968

€600,000

Key facts

Price
€600,000
Price per m²
€2,239/m²
Living area
268 m²
Plot area
1,623 m²
Rooms
4
Bathrooms
3
56% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

9.2%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 268 m² that works out to roughly €4,616 per month and €55,394 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

Detached house in a quiet part of Kastela with a beautiful sea view. It consists of the ground floor and one upper floor. On the ground floor there is a spacious garage and a one-bedroom apartment. Upstairs there is a big three bedroom apartment, consisting of a living room with dining area, three bedrooms and two bathrooms, and a large terrace with sea view. The property offers a range of options due to the location and size of the land. The house does need some modernization on the inside. Around the house is a big courtyard, partially paved.

Location

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

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