Immobalko

Split · Central Dalmatia · Croatia

Split, villa for sale, 1.400.000 €

For sale · Villa · Reference IB-16546

€1,400,000

Key facts

Price
€1,400,000
Price per m²
€4,828/m²
Living area
290 m²
Plot area
978 m²
Rooms
4
Bathrooms
5
4% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.3%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 290 m² that works out to roughly €4,991 per month and €59,897 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

Detached Villa near Split with panoramic views of the city and the sea. It is located on a nearby hill in a quiet area. The villa has 290 m2 and has two floors. On the ground floor there is a spacious living room, kitchen with dining room and bathroom. On the first floor there are four bedrooms, a living room with its own bathroom. The plot has 978 m2 and there is a swimming pool, sunbathing area, children's playground, outdoor parking spaces and a 40 m2 garage. The villa is south-oriented, very bright and sunny and due to the proximity of the city and amenities it is an ideal place for families with children as well as an investment in tourism.

Location

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

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