€120,000Novi Marof · Northern Croatia
Prodaja, Kuća, Novi Marof, Krč, Samostojeća, 84m2
84 m² · 2 rooms
Makarska · Central Dalmatia · Croatia
Makarska, old stone house for sale, 180.000 €
For sale · House · Reference IB-16672
€180,000
Key facts
- Price
- €180,000
- Price per m²
- €1,200/m²
- Living area
- 150 m²
- Plot area
- 422 m²
76% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
17.2%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 150 m² that works out to roughly €2,584 per month and €31,004 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
An old stone house located in a picturesque village on the Makarska Riviera. It is a double building with a floor plan area of 60 m2, currently in a dilapidated state. The owners also own an additional house that is located in front of a larger building with an area of 30 m2, which also needs to be renovated or demolished due to the view of the sea and use that space for car parking. The land on which the buildings are located has an area of 422 m2, has access from two sides and can be arranged for a garden or courtyard with accompanying facilities.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
