Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, house for sale, 750.000 €

For sale · House · Reference IB-16928

€750,000

Key facts

Price
€750,000
Price per m²
€4,688/m²
Living area
160 m²
Plot area
905 m²
Rooms
4
Bathrooms
2
7% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 160 m² that works out to roughly €2,754 per month and €33,047 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 of modern construction built in 2018. It is oriented to the south and has a view of Kaštela and the sea. The house consists of four bedrooms, two bathrooms, a large living room, kitchen and dining room. The living room has direct access to the semi-covered terrace, swimming pool and sunbathing area. The house has a lot of outdoor space and a beautifully landscaped garden with a barbecue. The size of the plot is 905 m2, and the living area of the house is 160 m2. The nearest beach is 2.9 km away. The house is mainly used as a rental property, but it can also be a family home.

Location

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

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