Immobalko

Split · Central Dalmatia · Croatia

Split, house for sale, 260.000 €

For sale · House · Reference IB-16285

€260,000

Key facts

Price
€260,000
Price per m²
€5,417/m²
Living area
48 m²
Rooms
2
Bathrooms
1
7% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.8%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 48 m² that works out to roughly €826 per month and €9,914 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

Single-storey house in the old part of the city. It has a total of 48 m2 of living space, and consists of two bedrooms, a bathroom, a kitchen with a dining room. A different layout of the rooms is also possible during renovation. The house is located in a beautiful location in the center near the UNESCO zone and all amenities and as such is ideal for tourism. There is no car access, but it is possible to park in public areas nearby.

Location

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

Similar properties