Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 439.000 €

For sale · House · Reference IB-16419

€439,000

Key facts

Price
€439,000
Price per m²
€2,927/m²
Living area
150 m²
Plot area
283 m²
Rooms
5
Bathrooms
2
42% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

7.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 150 m² that works out to roughly €2,584 per month and €31,004 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 lovely house in a peaceful location, situated just 50 m from the sea.  Built in the late 1970s, this house consists of 3 floors and additionally has a garage/storage dug in ground.  There is a lot of greenery surrounding the house and it has been kept nicely, making the property look much better.  The house itself consists of a ground floor, 1st floor, and 2nd floor. From all floors, there is at least a partial sea view and from the upper floors, its more open and unobstructed.  The ground floor consists of a hallway and a guest toilet, living room area in one room and the kitchen on another. The kitchen has been recently updated, and it’s fully furnished.  Going up to the 1st floor, we are greeted with 3 bedrooms, out of which 2 have access to balconies, and a bathroom, completely updated. The views from this floor are nice and open.  Second floor consists of 2 bedrooms, 1 bathroom and a small storage. In stead of the 3rd bedroom on this floor, there is a bigger balcony, with an even better sea view. On this floor, the bathroom would require an update but can still be used as-is.  On the left side of the house on the ground floor is a covered terrace for enjoyment and even offers a nice, partial sea view from it. A small garden in the front has been kept quite nicely and it’s the first thing that you notice upon entering from the street. Additionally, there is a storage space under the house. It can also be a garage for a smaller car, or it can be even converted into an office or other amenities.  Overall, the house is very nice, in a great location. It will especially be interesting to people who enjoy peace and quiet, surrounded by pine trees and green areas. Just a couple of steps from the house is a small, natural rocky beach and it’s almost always empty.  Its in very good condition and can be used right away, with some updates that can be done eventually.

Location

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

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