€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Split · Central Dalmatia · Croatia
Split, house for sale, 700.000 €
For sale · House · Reference IB-16219
€700,000
Key facts
- Price
- €700,000
- Price per m²
- €5,000/m²
- Living area
- 140 m²
- Rooms
- 5
- Bathrooms
- 3
1% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
4.1%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 140 m² that works out to roughly €2,411 per month and €28,937 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
In one of the most sought-after locations in Split, a house with exceptional potential is for sale, located just a 3-minute walk from the Riva and 3 minutes from Marjan. This property represents a rare opportunity for investment or creating a luxurious home in the very center of the city. The house is on four floors with a total area of 140 m2. On the ground floor there is a business space with a separate entrance from the main street, and a residential part with a separate entrance from a side street. On the first and second floors there are two bedrooms, a bathroom and a living room, and in the attic there is a storage room and an open roof terrace. The house requires renovation, but this is where its full potential lies. Adapt it to your own wishes or investment strategy.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
