Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, villa for sale, 1.600.000 €

For sale · Villa · Reference IB-16994

€1,600,000

Key facts

Price
€1,600,000
Price per m²
€4,145/m²
Living area
386 m²
Plot area
1,013 m²
Rooms
5
Bathrooms
6
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 386 m² that works out to roughly €6,649 per month and €79,784 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 with infinity pool, in construction. The villa is located in Kastela, halfway between Split and the international airport. It is located on a plot of 1013 m2. It consists of ground and first floor. The ground floor, which has 204 m2, consists of a kitchen, living room, dining room, bathroom, gym, laundry and engine room. In front is a large infinity pool and a children's playground. Behind the villa is a large parking lot. The first floor has 182 m2 and consists of 5 bedrooms, each with its own bathroom. The master room opens onto a terrace of 34 m2, which offers a panoramic view of the Kastela Bay and Split. The villa will have large glass walls on the south and west sides, which will provide plenty of sun and natural light all year round. The villa is approximately 1 km from the sea.

Location

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

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