Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 265.000 €

For sale · House · Reference IB-16325

€265,000

Key facts

Price
€265,000
Price per m²
€1,073/m²
Living area
247 m²
Plot area
190 m²
Rooms
9
Bathrooms
5
79% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

19.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 247 m² that works out to roughly €4,254 per month and €51,053 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 semi-detached apartment house in Marina, just 400 meters from the center and the sea. It consists of 3 apartments, each with their own separate entrance, ideal for living and tourist rental.  It consists of a basement, ground floor and first floor, and the area of each floor is: basement 73.76 m2, ground floor 81.99 m2 and first floor 91.23 m2, which makes a total of 246.98 m2 of living space. It has a south orientation so has lots of natural light throughout the day. It was built in 1985, and the first floor was added in 1995. The second floor is in an unfinished state. Basement: apartment with two bedrooms, kitchen, living room, bathroom and access to the yard; thanks to the large windows, the space does not feel like a basement. Outdoor grill. Ground floor: apartment with a separate entrance consisting of three bedrooms, kitchen, living room and two bathrooms. First floor (unfinished): apartment with PVC joinery installed, planned layout with four bedrooms, living room, kitchen and two bathrooms. The front of the house has views to the sea from the balcony and terrace and the back of the house and bedrooms have wonderful views of the valley and fields. It has a concrete roof with insulation, a septic tank and three-phase electricity. Parking space for 3 cars.

Location

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

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