Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, villa for sale, 1.495.000 €

For sale · Villa · Reference IB-16363

€1,495,000

Key facts

Price
€1,495,000
Price per m²
€6,795/m²
Living area
220 m²
Plot area
1,900 m²
Rooms
4
Bathrooms
3
35% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 220 m² that works out to roughly €3,787 per month and €45,439 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

Modern villa, SELF-SUFFICIENT, high standard, royal view of the sea and nestled among olive trees. It is located on a spacious plot of 1,900 m2, fenced and protected with video surveillance on all sides. In the 220 m2 villa on two floors, the rooms are perfectly arranged. On the ground floor there is a study, a bathroom, and a spacious living room that has access to a large covered terrace. The living room is bright and has an interesting window concept that overlooks the garden and from the outside it ensures complete privacy. In the middle of this beautiful room there is a large dining table and right behind the partition wall is a fully furnished and equipped kitchen (Miele and Bosch). From the kitchen on the north side you enter two separate rooms that can be multipurpose. There is a Miele washing machine in the space between. The upper floor is connected by a staircase in the hallway on the ground floor. On the first floor there are two bedrooms and Master bathroom. Both bedrooms are south-facing and have a sea view. One room has access to the upper terrace which has a beautiful view of the sea, the garden with the swimming pool, the city, the marina and Split, as well as the mountains behind the villa. In front of the villa on the south side there is a swimming pool and a hot tub, a spacious lawn with an olive grove and Mediterranean plants. On the east side of the courtyard there is a separate guest house with one bedroom, a bathroom and an outdoor seating area. A little further east there is a well and a pump for irrigation of the green areas. 34 solar panels cover the roof and supply the villa with energy. The entrance itself has an electronic door and video surveillance. The villa is located in a beautiful, quiet location, in the immediate vicinity of Split, close to all amenities.

Location

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

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