€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Trogir/Čiovo · Central Dalmatia · Croatia
Trogir/Ciovo, house for sale, 850.000 €
For sale · House · Reference IB-16983
€850,000
Key facts
- Price
- €850,000
- Price per m²
- €2,656/m²
- Living area
- 320 m²
- Plot area
- 412 m²
- Rooms
- 6
- Bathrooms
- 5
47% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
7.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 320 m² that works out to roughly €5,512 per month and €66,142 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 our offer an apartment house on the island of Ciovo, only 90 m from the sea. This house is in very good condition and consists of ground floor, first floor and attic. There are a total of 5 apartments, with 4 being used for rental purposes, and the top floor apartment was used by the owners for themselves. On the ground floor and 1st floor are two apartments on each side. They are identical in layout, consisting of one bedroom, bathroom, kitchen and living room, and access to the terrace with open sea views, even from the ground floor. The reason for this is the position of the terrain on which the house is located, but also the fact that everything in the area was built already, so the view remains open in the future. On the top floor is the largest apartment, with 2 bedrooms, bathroom, kitchen and living room, and a large, covered balcony of 20 m2. It offers the best view of the surrounding area and sea. In front of the house is a large yard with plenty of parking space. There is a possibility of building a swimming pool in the future if the new owner would be interested. This area is very quiet, and the house is the last one in the street, so there is no noise from the road and traffic. The beach is only 2 minutes away, and the center with all amenities can be reached even from the seaside in 15 minutes. An ideal investment for someone who wants to remain or start business, the proximity of the sea and facilities is an additional plus, and the peace provided by this location is also not negligible.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
