Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, house for sale, 950.000 €

For sale · House · Reference IB-16587

€950,000

Key facts

Price
€950,000
Price per m²
€4,750/m²
Living area
200 m²
Plot area
936 m²
Rooms
6
Bathrooms
4
6% 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 200 m² that works out to roughly €3,445 per month and €41,339 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

We have a house for sale only 350 m from the sea.  The property consists of 2 floors + attic.   The house contains two apartments, each of which has its own separate entrance and has a similar layout.    The ground floor is 100 m2 and consists of 3 bedrooms and a smaller room that can be used as an office, bathroom and toilet, as well as a kitchen and living room.  The first floor contains 3 bedrooms, bathroom and toilet, kitchen and living room and access to the terrace that offers a partial view of the sea.  The property also has a garage and a large garden behind the house.  The property is sold fully furnished.  The nearest airport is 14 km away.

Location

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

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