€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Kaštela · Central Dalmatia · Croatia
Kastela, old stone house for sale, 850.000 €
For sale · House · Reference IB-16198
€850,000
Key facts
- Price
- €850,000
- Price per m²
- €3,036/m²
- Living area
- 280 m²
- Rooms
- 6
- Bathrooms
- 3
40% 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 280 m² that works out to roughly €4,823 per month and €57,874 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
Stone villa first row to the sea. It is located in an exceptionally beautiful location in the center of a small town. The villa has 280 m2 and five apartments with bathrooms nicely arranged on four floors (one apartment has two bedrooms). On the top floor there is a large terrace with a unique view of the sea and a small picturesque town. All amenities are nearby. It is possible to park in front of the villa but it depends on availability. The villa is already well-established in tourism and is an excellent investment.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
