Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 1.000.000 €

For sale · House · Reference IB-16925

€1,000,000

Key facts

Price
€1,000,000
Price per m²
€5,587/m²
Living area
179 m²
Plot area
442 m²
Rooms
10
Bathrooms
8
11% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.7%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 179 m² that works out to roughly €3,081 per month and €36,971 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 prime location on the island of Ciovo. It is only 200 m from the beautiful beach. The property has 3 floors and consists of 5 apartments and an apartment of 100 m2. The apartments are fully equipped and have access to a terrace that offers a unique view of the sea. There are a total of 8 outdoor parking spaces, all of which are under video surveillance, and one garage space. The house is only a few minutes away from the center of the town, where you can find all the interesting and necessary facilities. An ideal opportunity for someone who wants an established rental business. The distance to the airport is 15 minutes.

Location

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

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