Rented business space in the centre of Split - income-generating engine!
Property price:
€ 1 200 000
Ref:
RE-LB11080
Region:
Dalmatia › Split
Location:
Split
Type:
Commercial property
Seafront:
No
Sea view:
No
Distance to sea:
150 m
Floorspace:
198 m²
Property description:
Money-generating engine - rented business space in the centre of Split, very good location!
Property has surface of 198 sq.m.
It is a well-known hotspot.
T is rented on long-term basis (10 years) for 60000€ for year.
It means stable 5% rentability per annum.
Add to permanently rising prices in the centre of Split which will give you 2-5% more in property value, and you will get an exceptional investment product.
Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.
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