€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Dubrovnik · Southern Dalmatia · Croatia
In the very heart of the historic core of Dubrovnik, just a few steps from Stradun, there is an…
For sale · Apartment · Reference IB-13143
€900,000
Key facts
- Price
- €900,000
- Price per m²
- €8,491/m²
- Living area
- 106 m²
- Rooms
- 3
- Year built
- 1900
- Floor
- 1
- Distance to airport
- 16 km
92% above the regional average (Region average: €4,431/m²)Online for 11 days
Investment overview
Southern Dalmatia currently has 2 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.
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
In the very heart of the historic core of Dubrovnik, just a few steps from Stradun, there is an apartment on the first floor that has been successfully operating as a tourist rental for years. This is a micro-location within the city walls that ranks among the most sought-after addresses in the city - quieter compared to the main flows, yet directly connected to the main city axis, restaurants, cultural landmarks, and all the amenities that guests of Dubrovnik seek. The apartment is organized as three separate accommodation units, each with its own bathroom, allowing for a flexible rental model. The first unit is designed as a classic room with its own bathroom, spacious and bright, with high ceilings and parquet floors characteristic of old town architecture. The second unit also has its own bathroom and additionally a smaller, functional kitchen nook for basic meal preparation, which increases its attractiveness for short and medium stays. The third unit represents a more comfortable studio type, with its own bathroom, full-sized kitchen, and dining table, allowing for longer stays and a broader target group of guests. All units have retained authentic elements of the space such as high ceilings, massive wooden doors, and parquet flooring, while the bathrooms are functionally designed. The concept has proven to be operational and adapted to the tourist market of Dubrovnik. An additional value of the property is the attic storage space of approximately 30 m2, which is a rarity in the old town core. This space can serve as storage for rental needs, a technical space, or potentially as an additional functional zone, depending on possibilities and regulations. The location within the walls of Dubrovnik carries a permanently limited supply and stable demand. It is located in close proximity to the Rector's Palace, Dubrovnik Cathedral, and the main cultural points of the city, while the city beaches such as Banja are just a few minutes' walk away. This property represents a ready investment product in one of the most valuable urban areas on the Adriatic - with an existing concept, clear income potential, and additional attic space that increases overall functionality and long-term value.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
