Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 1.850.000 €

For sale · House · Reference IB-16155

€1,850,000

Key facts

Price
€1,850,000
Price per m²
€7,708/m²
Living area
240 m²
Plot area
653 m²
Rooms
5
Bathrooms
3
53% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

2.7%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 240 m² that works out to roughly €4,134 per month and €49,607 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 nice, first line to the sea property.  We have in our offer a lovely house on the seafront, just 5 m from a crystal-clear sea and a small beach. Located on the south side of Čiovo island, in Mavarštica bay, this house has 3 floors and a total of 240 m2 of living area, spread on 653 m2 of land plot.  INSIDE AREA:  The ground floor is quite spacious, consists of a studio apartment, which has storage in the back as well. It is furnished, with a bedroom and bathroom, newly equipped kitchen, and living room, with the exit to the outside terrace directly from the living room area.  First floor is a separate apartment, with 2 bedrooms and 1-bathroom, open space concept with living room and fully equipped kitchen. It has great views from the balcony.  The second floor is basically the same concept as the 1st floor, but has high ceilings, making the space bigger than it is. Even better views from the balcony.  OUTSIDE AREA: From the north side is a gated parking place for 3 cars. On the right side of the house is a swimming pool and an engine room right below it. The whole plot is surrounded with fences, to provide privacy. In front of the building is a nice green area with a lawn and a few fruit trees. The whole garden is well kept and is one of the best features of the property. It also has direct access to the sea, which is a plus.  The house is in very good condition, some renovations have been done by the current owners and can be used as a rental property to provide additional income. Location is one of the best on the whole island, peaceful and calm. Since it is on the south side, it has sunlight through the whole day.

Location

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

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