€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Split · Central Dalmatia · Croatia
Split, apartment for sale, 720.000 €
For sale · Apartment · Reference IB-16659
€720,000
Key facts
- Price
- €720,000
- Price per m²
- €9,600/m²
- Living area
- 75 m²
- Rooms
- 2
- Bathrooms
- 1
90% 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 75 m² that works out to roughly €1,292 per month and €15,502 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
Two-room apartment on the 3rd floor with a sea view. The apartment consists of a hallway, two bedrooms, a bathroom, a kitchen with a dining room, and a living room with access to a balcony on the south side with a view of the sea. It has a total of 75 m2 and numerous possibilities for changing the rooms, considering that most of the walls are not load-bearing. The apartment requires renovation. The ceiling height is 2.90 m. The apartment has a woodshed/workshop in the basement of the building (electrical energy is supplied from the apartment), a parking space for a car and a shared parking space for motorbikes. The building has an attached large shared, fenced, landscaped yard, full of greenery and Mediterranean plants. The apartment is located in an exceptionally beautiful unique location and is ideal for living as well as renting (possible two units). The popular sandy beach is just a few meters away, as well as the port and the city center.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
