Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, apartment for sale, 390.000 €

For sale · Apartment · Reference IB-16597

€390,000

Key facts

Price
€390,000
Price per m²
€3,197/m²
Living area
122 m²
Rooms
4
Bathrooms
4
37% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

6.5%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 122 m² that works out to roughly €2,100 per month and €25,198 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

Spacious apartment on the first floor of a terraced house, first row to the sea just 10 minutes from Trogir. The apartment consists of 4 en-suite bedrooms, an open plan kitchen, dining and living area and a TV room. Renovated in 2023 this apartment has breathtaking views of the bay and surrounding area. Located on the main road first row to the sea.  The apartment comes with a garage and mooring for a boat. The nearest cafe and beach are 10 minutes walk away. The sea and concrete jetty is across the road. The apartment makes  a great rental investment or holiday home.

Location

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

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