Immobalko

Šolta · Central Dalmatia · Croatia

Solta, villa for sale, 1.500.000 €

For sale · Villa · Reference IB-16233

€1,500,000

Key facts

Price
€1,500,000
Price per m²
€4,688/m²
Living area
320 m²
Plot area
700 m²
Rooms
5
Bathrooms
5
7% below the regional average (Region average: €5,049/m²)Online for 1 day

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 320 m² that works out to roughly €5,508 per month and €66,093 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

Detached luxury stone villa with sea view. The villa has two floors. On the ground floor there is a large living room, kitchen and dining room, toilet and storage room and on the first floor there are 4 bedrooms, each with its own bathroom and loggia. On the ground floor there is also a gym, laundry room and engine room. On a plot of 700 m2, the villa also has a beautiful garden with a swimming pool, sundeck, summer kitchen, barbecue and outdoor dining room. The villa is decorated with old olive trees that are over 500 yeras old and Mediterranean plants that give it a real Mediterranean atmosphere. It is located only 150 m from the sea in a beautiful, quiet location.

Location

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

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