Immobalko

Split · Central Dalmatia · Croatia

Luxury apartment in the city center, 2 bedrooms, balcony

For sale · Apartment · Reference IB-13011

€424,000

Key facts

Price
€424,000
Price per m²
€6,235/m²
Living area
68 m²
Rooms
2
Floor
2
Distance to airport
12 km
23% above the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

3.3%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 68 m² that works out to roughly €1,170 per month and €14,045 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

Luxury apartment in the city center, 2 bedrooms, balcony We offer an extremely attractive, completely renovated apartment located in the very center of the city, on the second floor of a small and well-maintained residential building. The location of the apartment provides a perfect balance of urban life and comfort, with close proximity to all important amenities such as shops, restaurants, cafes, public transport, schools and cultural attractions. Upon entering the apartment, you enter a functional entrance hall that connects all rooms. From the hallway, you can access the bathroom with a bath, as well as a separate, separate toilet, which significantly contributes to the practicality of everyday life. Below is a modern kitchen with a bar, designed as a pleasant and open space for preparing meals and socializing. On the right side of the hallway is a bedroom of 7.2 m², ideal as a children's bedroom or study. At the end of the hallway is a bright and pleasant living room connected to the dining room, with a total area of ​​15.7 m², which provides enough space for relaxation and everyday activities. From the living room, on the left, you enter the second bedroom of 8.1 m², while on the right you exit to a spacious and exceptionally beautiful terrace of 15 m², which represents a real small city oasis and a perfect place to enjoy the warmer months. The apartment is abundant in natural light thanks to its favorable orientation and large openings, and the complete renovation was carried out with an emphasis on quality materials and modern design. The property is ready to move in without additional investment. Due to its exceptional location, functional layout and large terrace, the apartment represents an excellent opportunity both for a comfortable life in the city center, and as a very profitable investment for tourist or long-term rental.

Location

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

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