Okrug/Two-bedroom apartment with a view S11

For sale · Apartment · Reference IB-20281

€242,000

Key facts

Price: €242,000
Price per m²: €3,612/m²
Living area: 67 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 1
Floor: 3
Distance to sea: 378 m
Distance to airport: 6 km

15% below the regional average (Region average: €4,273/m²)Online for 4 days

Investment overview

Estimated gross yield

5.5%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 67 m² that works out to roughly €1,117 per month and €13,400 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

We mediate in the sale of an apartment in Okrug Gornji, located in a newly built residential building with a total of 15 residential units. The building is located in an excellent location, in the immediate vicinity of all tourist facilities, and it is only 400 meters from the sea. Apartment marked S11 is located on the 3rd floor of a building with an elevator. The living area of the apartment is 60 m2 and the terrace is 14.50 m2. The apartment consists of two bedrooms, a hallway, a bathroom, a storage room and a spacious living room connected to the kitchen and dining room. From the living room you can access a spacious terrace of 14.50 m² with a beautiful, open view of the sea. The apartment also has one garage parking space. The apartment is fully air-conditioned, and the bathroom has underfloor heating. This property represents an excellent opportunity for housing or investment in a tourist rental. Do not miss the opportunity and contact us for more information or to arrange a viewing. Contact: Nedilija Odak +385 98 188 5245