Immobalko
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Trogir · Central Dalmatia · Croatia

Elegantly decorated hotel near Trogir

For sale · Commercial · Reference IB-20904

€2,800,000

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Key facts

Price
€2,800,000
Price per m²
€3,111/m²
Living area
900 m²
Rooms
20
Bathrooms
18
Floor
3
Distance to sea
98 m
Distance to airport
5 km
27% below the regional average (Region average: €4,274/m²)Online for 2 days

Investment overview

Estimated gross yield

6.4%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 900 m² that works out to roughly €15,000 per month and €180,000 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

Elegantly decorated hotel with a beautiful interior is located only 5 km from Trogir. The hotel is located in a quiet environment, in a good location and is 80 m from the sea. The interior of the rooms is beautifully and discreetly decorated and exudes a true Mediterranean atmosphere. The view from the hotel overlooks the beautiful blue Adriatic Sea. The hotel consists of 12 double rooms. There are also six apartments. During the year, the hotel has excellent occupancy, which is also a great investment. All rooms are air-conditioned and have central heating, satellite TV, internet and an elevator. There is also a restaurant and bar on the ground floor, which further guarantees the comfort for guests. The hotel has a garage and parking, and in the immediate vicinity there is a sports and recreation area in the form of playgrounds for various sports. The property is 30 km from Split, 10 km from the airport and is geographically located in a good location in Dalmatia, enabling guests to quickly organize trips to nearby cities and sightseeing tourist attractions and contents. PRICE: 2.800.000,00 EUR . For other questions feel free to contact us.

Location

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

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