Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, apartments for sale, 215.000 € - 530.000 €

For sale · Apartment · Reference IB-16271

€220,000

Key facts

Price
€220,000
Price per m²
€4,490/m²
Living area
49 m²
Rooms
2
Bathrooms
1
11% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 49 m² that works out to roughly €844 per month and €10,128 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 happy to announce a new property in our portfolio. A new construction located on Čiovo island, which is currently under construction. It is a larger building, that will have 4 floors in total and 12 apartments.  This property is located in a quiet area of Čiovo, it’s the last building in the street so there is no ongoing traffic, which provides additional safety.  Apartments on the ground floor have already been sold, so 9 apartments are still available for sale.  FIRST FLOOR: S4 – 2 bedrooms, 1 bathroom, kitchen and living room – 40,88 m2 + covered balcony 8 m2 – 257.000€ S5 - 2 bedrooms, 1 bathroom, kitchen and living room – 39,9 m2 + terrace 40,12 m2 – 220.000€ S6 - 2 bedrooms, 1 bathroom, kitchen and living room –40,8 m2 + terrace 16,20 m2 – 235. 000€ S7 - 2 bedrooms, 1 bathroom, kitchen and living room –40,88 m2 + covered balcony 15,6 m2 – 236.000€  SECOND FLOOR: S8 – 3 bedrooms, 2 bathrooms, hallway, storage, kitchen and living room – 82,41 m2 + first covered balcony 8 m2 and second balcony 8 m2 – 475.000€ S9 - 3 bedrooms, 1 bathroom, kitchen and living room – 53,9 m2 + balcony 17,55 m2 – 300.000€ S10 - 2 bedrooms, 1 bathroom, kitchen and living room –40,88 m2 + covered balcony 15,6 m2 – 262.000€  ATTIC FLLOR: S11 - 3 bedrooms, 1 bathroom, kitchen and living room – 84 m2 + covered balcony 18,37 m2 – 530.000€ S12 - 3 bedrooms, 1 bathroom, kitchen and living room – 75,31 m2 + covered balcony 25,56 m2 – 525.000€  Apartments will be sold turnkey. Quality materials will be used in construction.  Planned completion of construction is in 2027.  Location is nice, not far from Okrug main beach with most of amenities, with just a few minutes from the closest beach.

Location

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

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