€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Split · Central Dalmatia · Croatia
Split center (Dobri) – 2 apartments in one flat / top investment in the heart of the city
For sale · Apartment · Reference IB-13273
€495,000
Key facts
- Price
- €495,000
- Price per m²
- €7,071/m²
- Living area
- 70 m²
- Rooms
- 2
- Year built
- 1962
- Floor
- 3
- Distance to airport
- 12 km
40% above the regional average (Region average: €5,051/m²)Online for 11 days
Investment overview
Estimated gross yield
2.9%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 70 m² that works out to roughly €1,206 per month and €14,469 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
Split center (Dobri) – 2 apartments in one flat / top investment in the heart of the city In the very heart of Split, in one of the most sought-after city locations – the Dobri area, this exceptional property represents a rare opportunity on the market: fully functional two apartments within one flat, ideal for serious tourist or long-term rental. Located on the third floor of a neat and well-maintained residential building, this flat offers the perfect balance between the urban dynamics of the center and the privacy needed for a quality stay or rental. TWO SEPARATE APARTMENTS – DOUBLE INCOME The flat is carefully organized into two separate living units, each with its own entrance, allowing for maximum flexibility and profitability. Each apartment includes: living room with kitchen, bedroom, bathroom. The larger apartment additionally offers an enclosed balcony. The smaller apartment is fully renovated and ready for immediate rental, while the larger one, although also already furnished, provides the possibility for additional “upgrade” of the interior and increased income. LOCATION THAT SELLS ITSELF - the strict center of the city of Split, within walking distance to the waterfront, old town, and all amenities, and an extremely sought-after area for tourist rental throughout the year. INVESTMENT POTENTIAL - This property is not a classic flat – this is a ready-made business model: the possibility of two parallel rentals, ideal for a combination of tourist and long-term rental, high occupancy thanks to the location with additional value growth through the design upgrade of the larger apartment. ADDITIONAL ADVANTAGES: shared rooftop terrace, storage in the ground floor of the building, public free and/or paid parking, functional layout and separate entrances. This is an ideal property for investors looking for a secure and scalable income, buyers who want a “2 in 1” concept in the center of Split, and anyone who recognizes the value of a location that is growing in the long term. Properties with such a configuration and location rarely come to the market. This is an opportunity to take over an already established investment and elevate it to an even higher level.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
