Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, villa for sale, 1.500.000 €

For sale · Villa · Reference IB-17033

€1,500,000

Key facts

Price
€1,500,000
Price per m²
€6,250/m²
Living area
240 m²
Plot area
2,903 m²
Rooms
4
Bathrooms
5
24% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 240 m² that works out to roughly €4,134 per month and €49,607 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

Beautiful, newly built villa in the hills above Kastela, with open sea views. It exudes luxury, and is surrounded by nature and forest, which allows for peace and privacy.  The land on which the property is located covers almost 3,000 m2, and the house itself has 240 m2 of living area. It consists of 4 rooms, one on the ground floor and three on the first floor.  Each of the rooms has a separate bathroom. In addition to the above, the house is adorned with a large, open space kitchen with a dining room that only glass separates from the beautiful garden, which contributes to the combination of natural and luxurious. In the basement there is a large room that serves as storage, as well as a room for play and recreation. In addition to the pool, the garden also offers a barbecue grill area, as well as area for rest and relaxation including a jacuzzi. The outdoor area has a children's playground and the possibility of parking 5 cars. The villa is located in a secluded area, without other houses nearby, and thus provides a feeling of privacy in nature, with an incredible open view of the sea, Split and Kastela Bay.

Location

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

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