Immobalko

Split · Central Dalmatia · Croatia

Split, villa for sale, 2.399.000 €

For sale · Villa · Reference IB-16835

€2,399,000

Key facts

Price
€2,399,000
Price per m²
€7,497/m²
Living area
320 m²
Plot area
910 m²
Rooms
4
Bathrooms
4
48% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

2.8%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 320 m² that works out to roughly €5,508 per month and €66,093 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

Modern villa in an attractive location only a few kilometers away from Split. The villa has a total area of 320 m2, and is located on a plot of land of 920 m2. In the basement of the house there is a garage, a sauna and a fitness area, as well as additional space that the future owner can adapt to his needs and wishes. On the ground floor of the house there is an open-concept living area with large glass openings that give the whole space airiness, and it has access to an outdoor terrace with a sunbathing area and an infinity pool. On the same level, there is one bedroom with its own bathroom and access to the terrace, and a guest toilet. On the first floor, there is a master bedroom with its own balcony and two additional bedrooms, each with its own bathroom. The villa is surrounded by cascading gardens where olive trees and Dalmatian plants will be planted. The architecture of the villa and the large plot of land allow its users complete intimacy and enjoyment, and all amenities are just a few minutes' drive away. The villa is ideal for personal use, and it also has great potential for tourist rental, and the completion of works and decoration is scheduled for the summer of 2024.

Location

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

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