Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, apartments for sale, up to 590.000 €

For sale · Apartment · Reference IB-16410

€590,000

Key facts

Price
€590,000
Price per m²
€9,833/m²
Living area
60 m²
Plot area
500 m²
Rooms
2
Bathrooms
1
95% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

2.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 60 m² that works out to roughly €1,033 per month and €12,402 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

Modern building, in a nice location, with open-sea views. There will be 5 apartments in total. Architectural solutions have been carefully selected to blend in with the natural beauty of the surroundings, using top-quality materials and sustainable technologies. The residential building is designed with an emphasis on spaciousness, comfort and luxury. Each apartment offers airiness and plenty of natural light, while private terraces provide unobstructed views of the sea and sunrises. SECOND FLOOR: S5 – 3 bedrooms, 1 bathroom, 1 toilet, hallway, kitchen and living room – 95 m2 + covered balcony 24,4 m2 – 590.000€ Owners will have access to a shared garden where eventually they can install a grill table and chairs, or other garden furniture by agreement. The surrounding area will be covered by video surveillance for added protection and security.  In addition, there will be a few other amenities at the disposal for owners such as a swimming pool, fitness area and sauna, and the children’s playroom, to ensure a more enjoyable and high-quality life.  At the moment, owners can choose between an outdoor car park or garage. Outdoor parking will be 10.000€ while a garage will be 20.000€.  Planned start of construction is fall of 2025.

Location

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

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