Immobalko

Trogir · Central Dalmatia · Croatia

Čiovo, New Build Apartment with Sea View, Apartment DZ/S6, 63 m²

For sale · Apartment · Reference IB-18279

€285,000

Key facts

Price
€285,000
Price per m²
€4,524/m²
Living area
63 m²
Rooms
3
Bedrooms
2
Bathrooms
1
Floor
2
Distance to airport
4 km
11% below the regional average (Region average: €5,081/m²)Online for 0 days

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €16.54 per m² and month, drawn from 33 active rental listings. At 63 m² that works out to roughly €1,042 per month and €12,506 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

This modern new build project comprises two residential buildings with several high quality apartments of different sizes and layouts. Construction is just about to begin, offering future owners the opportunity to purchase a property at an early stage of the project. The project has been designed with an emphasis on functionality, comfort and contemporary living standards. The buildings will feature reinforced concrete construction, an 8 cm EPS thermal insulation façade, high quality five-chamber PVC windows with shutters, while the large glass walls will be equipped with electrically operated shutters. The apartments will feature high quality interior finishes, ceramic floor and wall coverings, and parquet flooring in the living areas. The bathrooms will be fully equipped, while additional comfort will be provided by electric underfloor heating and air-conditioning units in the living rooms and bedrooms. Each apartment will have separate electricity and water meters, as well as a connection to the public sewage system. Apartment S6 is located in the lower building and offers 54.91 m² of net residential area, while its gross area is 90.57 m² and its net usable area (NKP) is 62.65 m². The functional layout comprises an entrance hall, bathroom, separate toilet and two bedrooms. The living room has direct access to a 10.66 m² terrace, providing a pleasant outdoor space for relaxation and enjoyment. The apartment also comes with two parking spaces. The combination of a well designed interior, terrace and dedicated parking space makes Apartment S6 an attractive property for both private use and investment. For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 50512354 Ivan Jelaska Mob: +385 91 288 0082 Tel: +385 91 2880 080 E-mail: ivan@luvarealestates.com www.luvarealestates.com

Location

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

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