Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, house for sale, 398.000 €

For sale · House · Reference IB-16227

€398,000

Key facts

Price
€398,000
Price per m²
€3,062/m²
Living area
130 m²
Plot area
1,280 m²
Rooms
2
Bathrooms
2
39% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

6.8%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 130 m² that works out to roughly €2,239 per month and €26,870 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

Mediterranean house near Split with sea views and a large garden. For those who appreciate the peace of the Mediterranean and the warm climate of the Dalmatian coast. On a quiet road at the foot of Mount Kozjak, not far from Split, is this elegant, south-facing Mediterranean house. The house is spread over three floors and has a living area of about 130 m2. On the ground floor there is a fully equipped kitchen (dishwasher, electric oven, gas stove and hood), a dining room, a guest toilet and a spacious outdoor terrace. On the first floor there is a spacious living room (or room) with an additional terrace and a well-equipped bathroom. The fully insulated attic includes a bedroom with a private bathroom with shower and a loggia with a beautiful panoramic view of the sea in front of Split, the entire bay all the way to Čiovo and Trogir, as well as the islands of Brač, Vis and Hvar. The house also has a garage. The property is equipped with several infrared heaters, a wood-burning stove and two air conditioners, which allows for a comfortable stay throughout the year. This special property is located on a plot of approximately 1,280 m2 with its own olive grove (annual yield of approximately 20–30 liters of high-quality olive oil) and a fig tree. In addition to the impressive sea view, there is also an open view of the surrounding mountain landscape. The center of Split and the airport are about 12 km away, while Trogir is about 20 km away. Split and the airport are easily accessible by bus or train. Shops, supermarkets, bakeries, construction material stores and furniture showrooms are located within a radius of 1 to 5 km. The spacious plot offers excellent opportunities for building a swimming pool, guest house and/or garden house with terrace and barbecue. Part of the plot has already been prepared, leveled and leveled for the above purposes.

Location

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

Similar properties