Immobalko

Šolta · Central Dalmatia · Croatia

Solta, house for sale, 750.000 €

For sale · House · Reference IB-16833

€750,000

Key facts

Price
€750,000
Price per m²
€2,941/m²
Living area
255 m²
Plot area
215 m²
Rooms
6
Bathrooms
4
42% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

7.0%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 255 m² that works out to roughly €4,392 per month and €52,707 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

Apartment type, semi-detached house in the first row to the sea. It is located in a quiet part of a small town. The house has great potential in tourism and is successfully rented out. It consists of 4 apartments. Each apartment has an open and unobstructed view of the sea and the entire bay. In front of the house there is a garden rich in various citrus fruits and Mediterranean herbs, and behind the house there is room for the construction of a smaller building for which the owners already have a project. In front of the house there is a private parking lot for two cars, and a few steps from the entrance lead directly to the beach and the impeccably clean sea. This house is sold fully furnished and equipped.

Location

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

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