€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Split · Central Dalmatia · Croatia
Split, apartment for sale, 850.000 €
For sale · Apartment · Reference IB-17059
€850,000
Key facts
- Price
- €850,000
- Price per m²
- €7,658/m²
- Living area
- 111 m²
- Rooms
- 3
- Bathrooms
- 3
52% above the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
2.7%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 111 m² that works out to roughly €1,912 per month and €22,943 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
Truly unique apartment in the heart of Diocletian's Palace. It is located on the 1st floor, 111m2. It consists of 3 bedrooms, 3 bathrooms, large living room, kitchen and a small balcony overlooking one of the most beautiful squares in the palace. The original thick wall of Diocletian's Palace separates the southwestern part of the apartment from the northern one, where the bedrooms are located. The apartment was very luxuriously renovated in 2018 and is equipped with the most modern furniture. All rooms are air conditioned and underfloor heating is installed throughout the apartment. It has a lot of light, with 11 windows, with top insulation with triple glass, larch shutters with anti-burglary doors. The bathroom has a jacuzzi, and the whole apartment has a built-in water filtration and UV system, then Luton light control of LED lighting and CCTV. In the common Gothic-Renaissance courtyard there is a storage room of 12.5 m2 that belongs to the apartment.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
