Okrug/Two-bedroom apartment on the first floor S4

For sale · Apartment · Reference IB-20271

€280,000

Key facts

Price: €280,000
Price per m²: €4,242/m²
Living area: 66 m²
Rooms: 3
Bedrooms: 2
Bathrooms: 1
Floor: 1
Distance to sea: 378 m
Distance to airport: 6 km

1% below the regional average (Region average: €4,274/m²)Online for 4 days

Investment overview

Estimated gross yield

4.7%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 66 m² that works out to roughly €1,100 per month and €13,200 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

We are mediating the sale of a two-room apartment on the first floor of a modern new building consisting of a total of six residential units. The project is located in Okrug Gornji, on the southern side of the island of Čiovo, only 400 meters from the sea and beautiful beaches, close to all facilities necessary for a pleasant stay and vacation. Okrug Gornji is one of the most desirable places to live and the most attractive tourist destinations in the area of Trogir. It is known for its long pebble beaches, crystal clear sea, numerous restaurants, cafes and recreational facilities. Thanks to its proximity to the historic town of Trogir and good traffic connections with Split and Split Airport, it is an excellent location for housing, vacation or investment in a tourist rental. Apartment S4 has a total area of 65.77 m² (including the calculation coefficients of the balcony), and consists of a living room with an open-concept kitchen and dining room, two bedrooms, a bathroom, a hallway and a balcony. The apartment also has one garage parking space. The property will be equipped with air conditioners, while underfloor heating will be installed in the bathrooms, which will ensure additional comfort throughout the year. The planned completion of the works is scheduled for the end of 2027. Feel free to contact us for any additional information and arrangement regarding sightseeing. Contact person: Nedilija Odak Mobile: +385 98 188 5245