€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Split · Central Dalmatia · Croatia
Split, apartment for sale, 450.000 €
For sale · Apartment · Reference IB-16348
€450,000
Key facts
- Price
- €450,000
- Price per m²
- €5,625/m²
- Living area
- 80 m²
- Rooms
- 4
- Bathrooms
- 1
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 80 m² that works out to roughly €1,378 per month and €16,536 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
Apartment of 80 m2 in the center on the first floor of a small building. It consists of a spacious hallway, three large bedrooms, one small, bathroom, kitchen with dining room and pantry, and two balconies (south and north). The apartment has high ceilings and is in an antique style. It needs complete renovation. There is also a small pantry in the shared courtyard. The apartment is located in a beautiful location near shops, cafes and restaurants. It is near Diocletian's Palace and the old town, so it can be a good investment in tourism, and the proximity of schools, health centers, shops and other facilities is ideal for living. Parking is possible in a nearby public parking lot for an additional fee.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
