Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, old stone house for sale, 249.000 €

For sale · House · Reference IB-16622

€249,000

Key facts

Price
€249,000
Price per m²
€4,150/m²
Living area
60 m²
Rooms
1
Bathrooms
1
18% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.0%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 60 m² that works out to roughly €1,033 per month and €12,402 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

Renovated stone house for sale that can be categorized as a four star holiday home. It is located 50 meters from the sea and has a partial view of the sea. The house consists of three floors. On the ground floor is a large bathroom, which includes a spa with sauna, jacuzzi tub and shower. The first floor consists of a living room with a kitchen and in the attic is a bedroom.  A complete interior renovation was done. such as new floors, roof, electrical and plumbing instalations, windows and theft proof doors while the exterior walls were decorated according to conservation guidelines. The decoration was completed in August 2024. The house is sold furnished and ready to move in immediately. There is a public parking space in front of the house that is used by the tenants.

Location

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

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