Okrug/Three-bedroom apartment with sea view S5

For sale · Apartment · Reference IB-20298

€390,000

Key facts

Price: €390,000
Price per m²: €4,105/m²
Living area: 95 m²
Rooms: 4
Bedrooms: 3
Bathrooms: 2
Floor: 2
Distance to sea: 378 m
Distance to airport: 6 km

4% below the regional average (Region average: €4,273/m²)Online for 4 days

Investment overview

Estimated gross yield

4.9%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 95 m² that works out to roughly €1,583 per month and €19,000 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

We are mediating the sale of a spacious three-room apartment in Okrug, one of the most attractive places on the island of Čiovo, known for its beautiful beaches, crystal clear sea and close proximity to the historic town of Trogir. The district is an ideal destination for a peaceful family life, holiday or tourist rental thanks to the rich tourist offer, restaurants, cafes and all the necessary amenities. The apartment is located in a newly built residential building with a total of 8 residential units, on the second floor, and has a total living area of 95.40 m², including the balcony coefficient. It consists of a spacious living room with kitchen and dining room (32.46 m²), hallway (3.12 m²), hallway (2.15 m²), three bedrooms (10.55 m², 11.39 m² and 12.36 m²), two bathrooms (4.80 m² and 4.70 m²) and an additional toilet. The living room and one bedroom open onto a spacious balcony of 24.20 m² with a beautiful open view of the sea. The apartment is fully air-conditioned and has underfloor heating, which ensures maximum comfort throughout the year. The apartment also has two outdoor parking spaces. The building is equipped with an elevator and a common swimming pool for tenants. The property is located in an excellent location near all important facilities, beaches and tourist attractions. Don't miss this unique opportunity! For more information and to arrange a tour, please contact: Nedilija Odak +385 98 188 5245