Immobalko

Makarska · Central Dalmatia · Croatia

There are apartments that look great in photographs, and there are those that win you over only…

For sale · Apartment · Reference IB-13598

€349,680

Key facts

Price
€349,680
Price per m²
€4,725/m²
Living area
74 m²
Rooms
3
Year built
2014
Floor
4
Distance to airport
27 km
6% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 74 m² that works out to roughly €1,274 per month and €15,284 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

There are apartments that look great in photographs, and there are those that win you over only when you step inside. This apartment belongs to that second category – it is spacious, exceptionally functional, filled with natural light, and offers a beautiful open view of the sea. It is located on the fourth and top floor of a quality building with an elevator. There are no neighbors above the apartment, and since it is not an attic, all ceilings are flat, and every square meter of space is fully usable. The apartment has 74.40 m² of net usable area and an exceptionally well-designed layout. It consists of two spacious bedrooms, a living room connected to the dining area and a modern kitchen, a hallway, a bathroom, a separate toilet, a storage room within the apartment, an additional storage room in the building's basement, and a loggia with an open view of the sea. One of the greatest advantages of this property is its functionality. Unlike many newer apartments of similar size, here almost every square meter is maximally utilized, without long hallways and wasted space. The apartment feels more spacious than its actual size and provides a sense of comfort that is hard to convey through photographs. Although the building was constructed 12 years ago, the apartment has never been inhabited. It has recently been furnished with brand new furniture: a modern kitchen, beds and wardrobes in the bedrooms, a corner sofa, a dining table and chairs, and a washing machine will soon be installed. The new owner can move in immediately, without additional investments or waiting. The building has a shared parking lot with a larger number of parking spaces, some of which are covered, and parking is used within the common area and is not subject to payment. The apartment has tidy documentation and a usage permit, which allows for purchase through a housing loan. This property represents an excellent choice for family living, vacation, or as a long-term investment for tourist or long-term rental. The combination of quality newer construction, excellent layout, plenty of natural light, beautiful sea views, and the possibility of moving in without additional investments makes this apartment a rare offering on the market. If you are looking for an apartment where you will feel comfortable from day one and which will retain its value in the coming years due to its functionality, view, and quality, this property certainly deserves your attention.

Location

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

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