€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Split · Central Dalmatia · Croatia
Located in the very heart of the historic city center, this attractive property is situated on the…
For sale · Apartment · Reference IB-13022
€335,000
Key facts
- Price
- €335,000
- Price per m²
- €7,976/m²
- Living area
- 42 m²
- Rooms
- 2
- Floor
- 0
- Distance to airport
- 12 km
58% above the regional average (Region average: €5,051/m²)Online for 11 days
Investment overview
Estimated gross yield
2.6%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 42 m² that works out to roughly €723 per month and €8,681 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 the very heart of the historic city center, this attractive property is situated on the ground floor of a smaller residential building, just a one minute walk from the Riva promenade, Peristyle and Diocletian’s Palace. The location is among the most desirable micro locations in the city, ideal for living, business purposes, or tourism. The residential space covers 45 square meters and is functionally arranged and categorized as two separate rooms. Each room has its own private bathroom, while the entrance area, hallway, and kitchenette are shared, creating a practical and efficient layout. The interior is well maintained, comfortable, and fully equipped, with a focus on functionality and guest comfort. Both rooms are air conditioned and suitable for year round use. A complete renovation was carried out in 2016, including all installations, flooring, and ceramics, ensuring long term quality and worry free ownership. The property’s key advantage is its established tourism business combined with constant demand due to the exceptional central location. Proximity to major cultural, historical, and hospitality attractions makes this a secure and highly attractive investment. This property represents a rare opportunity to acquire a functional and profitable space in one of the most sought after areas of the city.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
