€920,000Rovinj · Istria
Prostrani dvoetažni stan 200m od plaža sa krovnom terasom
203 m² · 4 rooms
Split · Central Dalmatia · Croatia
Split, house for sale, 1.600.000 €
For sale · House · Reference IB-16821
€1,600,000
Key facts
- Price
- €1,600,000
- Price per m²
- €3,200/m²
- Living area
- 500 m²
- Plot area
- 670 m²
- Rooms
- 12
- Bathrooms
- 8
37% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
6.5%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 500 m² that works out to roughly €8,612 per month and €103,347 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 building, located a few kilometers south of Split, near the Hotel Lav and not far from beautiful pebble beaches. It consists of a ground floor and 3 floors, and has a total of 8 apartments. Each floor of the house has the same layout and consists of one one-room apartment with an area of 45 m2 and a two-room apartment with an area of 65 m2. In the yard there is a large swimming pool available to all users. The house has its own outdoor parking spaces, and there are restaurants, shops and coffee bars within walking distance. The building has been in tourist rental for many years, and it has excellent income from it.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
