Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, apartment for sale, 330.000 €

For sale · Apartment · Reference IB-16157

€330,000

Key facts

Price
€330,000
Price per m²
€3,143/m²
Living area
105 m²
Rooms
2
Bathrooms
2
38% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

6.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 105 m² that works out to roughly €1,807 per month and €21,687 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

A ground floor unit located in a nice area.  We have in our offer a nice, spacious apartment located on Čiovo, on the far east side of the island. Situated on the ground floor of the building, this apartment is located close to the sea, with the nearest beach just a few steps away and lots of green area around it.  The apartment itself consists of 2 bigger bedrooms, 2 fully equipped bathrooms, open space kitchen and living room area, with an exit to a covered terrace, that offers an open sea view. Additionally, there is a storage unit outside of the apartment that belongs to the apartment and in front of the building is a communal swimming pool, with a sundeck area.  Although an older build, this apartment is in good condition, fully furnished and ready to move in. It can be a nice vacation property, since it has a lot of space and is close to all amenities but located in a quiet and peaceful area.

Location

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

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