Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, house for sale, 780.000 €

For sale · House · Reference IB-16927

€780,000

Key facts

Price
€780,000
Price per m²
€3,545/m²
Living area
220 m²
Plot area
500 m²
Rooms
5
Bathrooms
5
30% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.8%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 220 m² that works out to roughly €3,789 per month and €45,473 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

New in the offer, an apartment-type house on the north side of the island of Ciovo. It is located only 20 m from a beautiful pebble beach and perfectly clean sea. The terrace offers a wonderful view of the entire coast of the island as well as the Marjan forest and the city of Split. The house is located on a land area of 500 m2, and the living area is 220 m2. It consists of two floors. On the ground floor there is a large two-story apartment consisting of a kitchen, living room, bathroom and toilet. There are 3 rooms and a bathroom on the first floor. In addition, the apartment has direct access to the pool, jacuzzi, and summer kitchen. There is also a smaller apartment on the ground floor of 30 m2, which can serve as an extra bed or can be converted into a storage room. On the 1st floor there are two smaller apartments that have their own private entrance. Both apartments consist of 1 room, bathroom, kitchen and terrace that offer a wonderful view of the beach. The entire house is equipped with air conditioning and has parking for 3 cars. An ideal opportunity for someone who wants an established rental business. The house needs renovation in order to use its full potential. The airport is only 20 minutes away.

Location

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

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