Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 750.000 €

For sale · House · Reference IB-16838

€750,000

Key facts

Price
€750,000
Price per m²
€2,143/m²
Living area
350 m²
Plot area
415 m²
Rooms
8
Bathrooms
6
58% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

9.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 350 m² that works out to roughly €6,024 per month and €72,289 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

Detached apartment house located in a small town not far from Trogir. The house is on 3 floors and has a total of 350 m2 of living space. The ground floor consists of 2 bedrooms, bathroom, kitchen and living room. At the separate entrance there is a one-room apartment with bathroom, kitchen and living room of approx. 60 m2. The first floor consists of 3 bedrooms, 2 bathrooms, kitchen and living room and exit to the terrace. The last floor consists of 3 one-room apartments that are fully equipped, ideal for renting. The property offers a handful of possibilities with its location and complete contents. Outdoor parking spaces have space for a total of 6 cars. The distance from the town center is 900 m, and from the nearest airport 18 km.

Location

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

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