Immobalko

Split · Central Dalmatia · Croatia

Split, apartment for sale, 285.000 €

For sale · Apartment · Reference IB-16315

€285,000

Key facts

Price
€285,000
Price per m²
€9,500/m²
Living area
30 m²
Rooms
1
Bathrooms
1
88% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

2.2%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 30 m² that works out to roughly €517 per month and €6,201 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

Studio apartment in the center in a beautiful location in the UNESCO zone. It is located on the third floor of a smaller building. It consists of a bedroom, hallway, kitchen and bathroom. The apartment has a total of 30 m2. It is currently in the renovation phase and is being sold renovated. The renovation should be completed by May 5, 2025. The common rooms in the old building have been renovated and beautifully decorated. The property is a great investment and ideal for renting. The apartment is south oriented and lit. There is no access by car. It is located just a few meters from the Riva and the sea.

Location

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

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