Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 495.000 €

For sale · House · Reference IB-16179

€495,000

Key facts

Price
€495,000
Price per m²
€6,188/m²
Living area
80 m²
Plot area
421 m²
Rooms
3
Bathrooms
2
23% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 80 m² that works out to roughly €1,378 per month and €16,536 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, detached house in Čiovo.  We have in our offer this charming house in a quiet street, close vicinity to the sea and the center in Okrug. This house consists of 2 apartment units, one on the ground floor and on eon the upper floor.  The ground floor unit is a smaller one, 25 m2, with a bedroom, a bathroom and kitchen/living room area in one. In front of the unit is a spacious, covered terrace, with a BBQ on the left side and a nice yard in front. It has a lot of green area, so it provides a lot of shade and privacy from neighboring properties.  On the upper floor is a second unit, bigger in size and space. It has 2 bedrooms, 1 bathroom, a kitchen and a spacious living room/dining room area. Has a total of 55 m2. This unit also has an outdoor area, a covered, spacious balcony, that even has a sea view. Both floors are in great condition; last renovation was done in 2018 for both units.  In front of the house, there are 2 outdoor parking spaces and a garage, plus a storage, so it could fit 3 cars if needed.  This house is currently used as a rental property, so it can provide good income, but can also be a nice vacation home. Everything is close by, nearest beach is just a 150 m away while the center of Okrug with all of its amenities is some 500 m away.  Location is very nice, has sun throughout the whole day and provides peace and relaxation.

Location

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

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