Immobalko

Split · Central Dalmatia · Croatia

Split, apartments for sale, 590.000 € - 650.000 €

For sale · Apartment · Reference IB-16208

€590,000

Key facts

Price
€590,000
Price per m²
€3,665/m²
Living area
161 m²
Rooms
3
27% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 161 m² that works out to roughly €2,773 per month and €33,278 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

Two apartments in a new building with a shared swimming pool and a beautiful garden. Apartment 1: Located on the second floor, consisting of a kitchen, dining room, living room, staircase,hallway, toilet, bathroom, two loggias, two bedrooms, and a gallery space in which there is a hallway, gallery, staircase, room and bathroom, total area 162.22 m2. Apartment 2: Located on the second floor. Consists of a kitchen, dining room, living room, staircase,hallway, laundry room, toilet, storage room, and a gallery space in which: hallway,staircase, three bedrooms and two bathrooms, total area 119.65 m2, and the associated ancillary parts, one covered terrace of 39.45 m2, and one uncovered terrace of 19.28 m2. Each apartment has two parking spaces.

Location

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

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