Immobalko

Kaštela · Central Dalmatia · Croatia

Kastela, villa for sale, 850.000 €

For sale · Villa · Reference IB-16341

€850,000

Key facts

Price
€850,000
Price per m²
€2,202/m²
Living area
386 m²
Plot area
800 m²
Rooms
4
Bathrooms
3
56% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

9.4%

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

Villa with a swimming pool overlooking the sea and the Kaštela Bay. It is located on a plot of 800 m2 and has a beautifully arranged 386 m2 of living space on three levels. On the ground floor there is a swimming pool with a garden, a seating area and a barbecue.There is also a games room, an outdoor toilet and a cinema room with billiards. On the first floor there is a large living room with access to a terrace with a beautiful view of the sea and nature. The kitchen with the dining room is separated by a partition wall. On the ground floor on the north side there is one bedroom, a bathroom and a room leading to the garage and basement. Internal stairs lead to the gallery and the upper floor where there are 3 bedrooms, a bathroom on the north and a gym area on the south. On the north side of the courtyard it is possible to park 5 cars. The entire villa is fenced and offers privacy. It is located only 2 km from the center of a small beautiful town.

Location

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

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