Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 330.000 €

For sale · House · Reference IB-16830

€330,000

Key facts

Price
€330,000
Price per m²
€4,024/m²
Living area
82 m²
Plot area
172 m²
Rooms
3
Bathrooms
2
20% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 82 m² that works out to roughly €1,412 per month and €16,949 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 cozy house, leaning againts the neighboring house, located on the south side of Ciovo island, just 40 m from the sea. Situated in a quiet street, that features low traffic, close to all amenities like shops, bars and restaurants. The house itself consists of two floors, with an apartment on each floor. Top floor apartment consists of 45 sqm and has 2 bedrooms, 1 bathroom, kitchen and living room area. Outside of the apartment is a spacious balcony that has a partial sea view, but a lot of sitting area for entertainment and relaxing. On the lower floor is an apartment of 40 sqm, with one bedroom, bathroom, lovely living room and kitchen area. The outside terrace provides a lot of shade, has a couple of lush plants such as an orange and lemon tree, kumquat, and pomegranate tree. Additionally, the lower terrace has an outdoor summer kitchen and a horn oven, not something which can be found that often.  This house is fully equipped and ready to move in, each room has an A/C unit, automatic sunshades on the outside and a laundry room on the lower floor. There is one parking space on the plot and has a gated entrance. Also, the current owner has placed a buoy in the sea, so there is a possibility to moor a small boat on it.  The house is big enough to be used as a private residence or a summer home but can also be a nice investment for rental purposes.  It is in good condition and can be used immediately but can be updated to generate more income from renting. The closest beach is just a couple of minutes away but there are a lot of natural areas where it would be possible to go for a swim as well, just a few steps from the house.

Location

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

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