Immobalko

Split · Central Dalmatia · Croatia

Split, apartment for sale, 250.000 €

For sale · Apartment · Reference IB-16468

€250,000

Key facts

Price
€250,000
Price per m²
€5,435/m²
Living area
46 m²
Plot area
90 m²
Rooms
2
Bathrooms
1
8% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.8%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 46 m² that works out to roughly €792 per month and €9,501 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

Basement apartment with garden in the city center. The entrance is separate so the property can be defined as a small house. It consists of two rooms, a kitchen and a toilet located on the ground floor, at the entrance to the apartment. Stairs lead to the basement where all the other rooms are located. The apartment has a total of 46 m2 and has access to a private garden of 90 m2 which can also be converted into a parking space. Complete renovation is required. It is located in a beautiful location close to all important amenities.

Location

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

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