€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Split · Central Dalmatia · Croatia
Split, apartment for sale, 420.000 €
For sale · Apartment · Reference IB-16681
€420,000
Key facts
- Price
- €420,000
- Price per m²
- €5,600/m²
- Living area
- 75 m²
- Rooms
- 2
- Bathrooms
- 2
11% above the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
3.7%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 75 m² that works out to roughly €1,292 per month and €15,502 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
In the city center, in a nice location, an apartment on the 3rd floor is for sale. The apartment is 75 m2 and is divided into two one-room apartments with separate entrances and a common hall. The apartments are equipped with electronic card locks and a video camera that records the entrance hall. In the hall there is a custom-made wardrobe with two washing machines, as well as additional places for storing bed linen. The apartment was completely renovated in 2021 and is modernly equipped. An ideal investment for renting to tourists, and is currently being used as such.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
