Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 1.200.000 €

For sale · House · Reference IB-16882

€1,200,000

Key facts

Price
€1,200,000
Price per m²
€2,105/m²
Living area
570 m²
Plot area
1,584 m²
Rooms
12
Bathrooms
6
58% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

9.8%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 570 m² that works out to roughly €9,818 per month and €117,815 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

Apartment house in a small village not far from the town of Trogir. The property is located on a land area of 1600 m2, and the living area is 570 m2. It is only 250 m from the sea, and consists of 6 apartments, two of which are one-bedroom, two two-bedroom and two three-bedroom. One-room apartments consist of a living room and a kitchen, a bathroom, a bedroom and a balcony totaling 60 m2. Two-room apartments are 100 m2 and 70 m2, and are also fully furnished. Two three-room apartments, one of which is a two-story of 125 m2, and the other of 130 m2 in total. The property is in the process of being rented out during the summer season, and is ideal for someone who wants to continue in that direction. The house is only 25 km from the nearest airport.

Location

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

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