Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, apartment for sale, 450.000 €

For sale · Apartment · Reference IB-16673

€450,000

Key facts

Price
€450,000
Price per m²
€8,036/m²
Living area
56 m²
Rooms
2
Bathrooms
1
59% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

2.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 56 m² that works out to roughly €965 per month and €11,575 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

New apartment in our offer. A newly build property, luxuriously furnished and ready to move in.  Located in a peaceful area, with nice sea views, this apartment is situated on the 2nd floor, consists of 2 bedrooms, 1 bigger bathroom and a guest toilet, fully equipped kitchen, living room area and a spacious covered terrace. Size of the interior area is 56,57 m2, while the balcony has 16,83 m2, which offers lovely views of the sea and the area. The whole apartment is luxuriously furnished. Kitchen is fully furnished and has an island for more space. Both bedrooms and the living room have A/C units, floor heating is installed in the living room area and bathroom and toilet, plus there are radiator on the wall for extra heat source. However, this apartment also has one main feature and that is a private roof deck. Usually, owners on the top floor share 2 sides of the roof terrace, but here owners have a roof deck just for themselves, and it offers even better views. Ranging at 56,87 m2, basically the same size as the apartment, this roof terrace has an outdoor shower and sink, a lounge area and a jacuzzi. Both water and electricity are connected on the roof so there is a possibility to have an outdoor kitchen in the future.  For additional security, there is a camera above the entrance to the apartment and both the apartment and the roof terrace have a passcode to enter, along with the keys.  On the ground floor is a shared swimming pool area for all tenants of the building, also with a sundeck and an outdoor shower.  Also, this apartment has 2 outdoor parking spaces, which is rare on the market.  Location is very nice, just 200 m from the sea and not far from the main center of Okrug with all amenities. Since it is a new build, it does not require any additional investment and can be used as a rental property or as a family residence.

Location

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

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