Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 1.500.000 €

For sale · House · Reference IB-16350

€1,500,000

Key facts

Price
€1,500,000
Price per m²
€5,000/m²
Living area
300 m²
Plot area
549 m²
Rooms
11
Bathrooms
12
1% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 300 m² that works out to roughly €5,167 per month and €62,008 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

A nice and spacious property located on Čiovo island, with a magnificent sea view towards the islands in front.  Located in the 1st row, just a couple of meters from a crystal-clear sea, this property consists of 3 floors in total and is over 300 m2 big, with a total of 11 bedrooms and bathrooms.  Each floor is similar in layout, with the only difference is that the ground floor has been completely renovated while the other two floors are still in their original form.  Each floor has a great open sea view of the sea, whit the ground floor having a big terrace, which can be covered and has enough room to place an outdoor kitchen. All 3 floors are connected indoors, and each bedroom has a bathroom and a balcony included.  In front of the house is a swimming pool, which is currently covered.  This property requires additional investment, but given the size and location, it can be a great family home or even a rental property because of its numerous rooms.  The area is quiet and peaceful, with no traffic or noise, so it is a perfect location for rest and relaxation. The international airport is just 10 km away.

Location

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

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