Immobalko

Podstrana – Grljevac · Central Dalmatia · Croatia

Located in a quiet and attractive part of Podstrana, this spacious four-story house offers the…

For sale · House · Reference IB-14291

€1,650,000

Key facts

Price
€1,650,000
Price per m²
€3,793/m²
Living area
435 m²
Plot area
1,463 m²
Rooms
9
Year built
2001
Distance to airport
23 km
25% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

5.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 435 m² that works out to roughly €7,487 per month and €89,845 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

Located in a quiet and attractive part of Podstrana, this spacious four-story house offers the perfect blend of comfort, privacy, and an excellent location. It is just a few minutes' walk from beautiful beaches, while a shop is in close proximity. The center of Split can be reached in approximately 10 minutes by car. The property also includes an additional building plot of 755 m², which provides the possibility of constructing another residential building. The property consists of: Basement – 80 m² A tavern of 55 m², laundry room, tool room, and a room for pool equipment. Ground floor – 111 m² net A well-decorated and functional apartment with two bedrooms, two bathrooms, a kitchen, dining room, and living room with access to the balcony and pool. First floor – 110 m² An unfinished apartment comprising three bedrooms, a living room, a kitchen with a dining room, and two bathrooms. Second floor A two-level apartment with four bedrooms, two living rooms, a kitchen with a dining room, two bathrooms, and an additional toilet. The house is designed for comfortable family living or tourist rental, and the added value comes from the pool and garage designed for up to four cars. The proximity to the sea, restaurants, and all necessary amenities makes this property an excellent investment and an ideal place to live.

Location

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

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