Immobalko

Makarska · Central Dalmatia · Croatia

Makarska, apartments for sale, 300.000 € - 750.000 €

For sale · Apartment · Reference IB-17032

€300,000

Key facts

Price
€300,000
Price per m²
€4,110/m²
Living area
73 m²
Rooms
2
Bathrooms
2
19% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

5.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 73 m² that works out to roughly €1,256 per month and €15,078 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

Two and three bedroom apartments, located in one of the most desirable tourist destinations on the Makarska Riviera. Each of the apartments has a large terrace and sea views. The building consists of a basement with garage spaces and storage, ground floor and 3 upper floors and has a total of 16 apartments. It is located only 200 m from the sea and from the center where there are shops, restaurants, cafes, pharmacy. Each two-bedroom apartment (74m2) consists of a kitchen, dining room, living room, two bathrooms and two bedrooms. Three bedroom apartments (122-149m2) consist of 3 bedrooms, two bathrooms, hallway, kitchen, dining room and living room, and a balcony overlooking the sea. On the third floor and in the attic, these three-bedroom apartments are duplex, unlike other three-bedroom apartments, additionally have a large wardrobe, laundry, additional toilet and a large terrace with open sea views. The building is completely built of concrete, will have an elevator, first-class ceramics and flooring in the bedrooms, a stone staircase. The sliding walls are aluminum with a lifting-sliding system with three-layer glass, the blinds are electric, each room is air-conditioned, and the bathrooms have underfloor heating. Given that the company owns apartments, all future buyers are exempt from paying state tax on the purchase of real estate. For any additional questions please contact our office in Split.

Location

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

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