Immobalko

Split · Central Dalmatia · Croatia

In the sought-after location of Mertojak, one of the most practical and desirable neighborhoods in…

For sale · Apartment · Reference IB-13532

€410,000

Key facts

Price
€410,000
Price per m²
€4,409/m²
Living area
93 m²
Rooms
2
Floor
0
Distance to airport
15 km
13% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

4.7%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 93 m² that works out to roughly €1,601 per month and €19,208 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

In the sought-after location of Mertojak, one of the most practical and desirable neighborhoods in Split for family living, a 93.18 m² apartment is available, featuring a functional and thoughtfully organized layout that provides a high level of comfort for everyday life. Mertojak is characterized by excellent infrastructure and all the amenities necessary for a quality life – schools, kindergartens, shops, clinics, as well as numerous sports facilities such as football and basketball courts, volleyball fields, and a skate park are in close proximity. A special advantage of the location is the proximity to the new Žnjan beach, which can be reached quickly and easily, further enhancing the quality of life. The apartment is located on the high ground floor of a residential building with a total of 4 floors. Upon entering the apartment, a hallway opens up from which all main rooms are accessible. On the left side, there is the first sanitary unit (toilet), while through the second door on the left side, one enters a separate part of the apartment where two bedrooms and a bathroom with a toilet are located. All bedrooms are equipped with built-in wardrobes, which further contributes to the neatness and maximum usability of the space. On the right side of the entrance is a spacious living room, which is connected to the kitchen and dining area. The kitchen is equipped with high-quality Miele appliances. The dining area also provides access to the living room, making the space more connected and flowing, with two entrances to the central living area. The living room extends to a large enclosed terrace that was once open. Today, it is fully enclosed, exceptionally spacious, and filled with natural light, and can be used for multiple purposes – as an additional living space, an office, a fitness area, or a relaxation space. Along with the apartment, it is possible to purchase one or two garages located in the same building – one with an area of 14 m² and the other 22 m², which further increases the practicality and value of this property.

Location

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

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