€539,500Rovinj · Istria
Istra, Rovinj- prostran trosoban stan s otvorernim pogledom
116 m² · 3 rooms
Split · Central Dalmatia · Croatia
Split, apartment for sale, 700.000 €
For sale · Apartment · Reference IB-16751
€700,000
Key facts
- Price
- €700,000
- Price per m²
- €7,292/m²
- Living area
- 96 m²
- Rooms
- 4
- Bathrooms
- 3
44% above the regional average (Region average: €5,049/m²)Online for 1 day
Investment overview
Estimated gross yield
2.8%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 96 m² that works out to roughly €1,652 per month and €19,828 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
An apartment in the heart of Diocletian's Palace in an extremely attractive location. It consists of three rooms, two of which have a private bathroom and toilet, a kitchen with a dining room and one studio-apartment with a mini-kitchen. The apartment has a total of 96 m2 and is located on the 2nd floor of a smaller building. The apartment has new electricity and water installations, the floors have been renovated, the exterior carpentry has been changed, and the kitchen and all rooms are air-conditioned. The apartment is very attractive for tourism. It has been rented out well for many years, and with minor interventions it can easily be converted into 3 units. Access by car is not possible because the apartment is located in a pedestrian zone.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
