Immobalko

Split · Central Dalmatia · Croatia

Split, apartments for sale, 184.000 € - 389.000 €

For sale · Apartment · Reference IB-16263

€184,000

Key facts

Price
€184,000
Price per m²
€4,600/m²
Living area
40 m²
Rooms
1
Bathrooms
1
9% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.5%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 40 m² that works out to roughly €689 per month and €8,268 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

Apartments in a modern residential complex, in a carefully selected part of Podstrana near famous beaches and just a few minutes drive south of Split. The buildings are only 250 m from a quiet beach and a promenade with restaurants and other essential amenities, making them ideal for both living and tourism. These are two semi-detached commercial and residential buildings with a total of 10 apartments: BUILDING A APARTMENT PPA-40 m2 - 184,000 EURAPARTMENT 1-69 m2 - 281,000 EURAPARTMENT 2-91 m2 - 389,000 EURAPARTMENT 3-60 m2 - 263,000 EURAPARTMENT 4-57 m2 - 251,000 EUR BUILDING B APARTMENT 1-92m2 - 376,000 EURAPARTMENT 2-64 m2 - 273,000 EURAPARTMENT PPB-40 m2 - 180,000 EURAPARTMENT 3-85 m2 - SOLDAPARTMENT 4-50 m2 - 223,000 EUR The ceiling height in the apartments is 2.6 m and the common staircase is located in the center of the building. Each apartment has access to a loggia or balcony and is equipped with burglar-proof and soundproof doors, a video intercom, and TV connections in each room. The windows are equipped with electric roller shutters and insect screens, and the bathrooms have underfloor heating. Heating and cooling are provided by air conditioning in each room. Apartments on the top floors have access to a roof terrace with preparation for the installation of a pergola and electricity and water installations. Apartments on the ground floor have spacious gardens planted with indigenous Mediterranean plants.

Location

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

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