Immobalko

Split · Central Dalmatia · Croatia

Located in an attractive area of the Split neighborhood Spinut, this spacious one-bedroom apartment…

For sale · Apartment · Reference IB-13434

€400,000

Key facts

Price
€400,000
Price per m²
€6,349/m²
Living area
63 m²
Rooms
1.5
Floor
4
Distance to airport
11 km
26% above the regional average (Region average: €5,051/m²)Online for 11 days

Investment overview

Estimated gross yield

3.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 63 m² that works out to roughly €1,085 per month and €13,022 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

Located in an attractive area of the Split neighborhood Spinut, this spacious one-bedroom apartment with an area of 63.15 m² represents an excellent opportunity for living or investment in one of the most sought-after parts of the city. The apartment is situated on the 4th floor of a residential building with an elevator and features a functional layout and an abundance of natural light throughout the day. It consists of an entrance hallway, a spacious living room, a kitchen with a dining area, a large bedroom, a bathroom, and an exceptionally spacious covered terrace that provides additional living space and numerous decorating possibilities for relaxation, socializing, or enjoying the outdoors. Thanks to large openings and excellent orientation, the property is extremely airy and pleasant to stay in. The long hallway further contributes to the feeling of comfort and connectivity of all rooms, while the floor level of the apartment ensures additional privacy and openness of the space. The location offers an ideal combination of a peaceful family environment and immediate proximity to all amenities necessary for everyday life – shops, schools, kindergartens, sports facilities, public transport, and the city center itself. The apartment represents an excellent opportunity for buyers looking for a comfortable living space with a large terrace in an extremely sought-after location in Split.

Location

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

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