Immobalko

Split · Central Dalmatia · Croatia

Split, apartment for sale, 699.000 €

For sale · Apartment · Reference IB-16180

€699,000

Key facts

Price
€699,000
Price per m²
€6,990/m²
Living area
100 m²
Rooms
3
Bathrooms
1
38% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 100 m² that works out to roughly €1,721 per month and €20,654 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 in the center with a view of the sea and the harbor. It is located on the second floor of a small building. It consists of a spacious central hallway, three large bedrooms that are oriented south, and a kitchen with a dining room, bathroom and toilet. The apartment also has two balconies, north and south. The north one has a view of the common yard full of greenery. The south one has a view of the sea and the city. The apartment also has a storage room on the ground floor. No additional investments are required, the apartment is sold furnished, it is beautifully decorated. High ceilings and large openings and plenty of daylight give it a special charm. The apartment does not have private parking, but it is possible to park in front of the building on a public area. All important amenities are within walking distance.

Location

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

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