Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, villa for sale, 1.400.000 €

For sale · Villa · Reference IB-16829

€1,400,000

Key facts

Price
€1,400,000
Price per m²
€4,444/m²
Living area
315 m²
Plot area
697 m²
Rooms
4
Bathrooms
5
12% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 315 m² that works out to roughly €5,422 per month and €65,061 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 modern two-story villa with a living area of 315 sqm, consisting of a large living room, fully stocked kitchenette, 4 bedrooms, 6 well equipped bathrooms and a two-car garage. Has 2 spacious outdoor terraces, while the terrace on the upper floor is fitted with an illuminated and heated swimming pool.  This villa is located in the 4th row from the sea and like all 8 other villas in the area, has unobstructed and lovely sea views. Its living arrangement differs then other villas in the area. For example, the lower floor consists of 3 studio aparment units, equipped with a kitchennete, bedroom and bathroom. Each of the units has direct acess to the sundeck located on the outside, with stairs leading to the upper floor with another sundeck and a swimming pool.  On the upper floor is another bedroom, 2 more bathrooms, a storage unit and a spacious living room and kitchen area, surreounded with high celling glass walls, that offer magnificent sea views. The upper floor is connected by internal stairs from the lower floor but has a separate entrance and can be a private area, especially if the lower floor has family or guests.  The living room has direct access to the spacious terrace fitted with an open-air dining area and a large, heated pool. This villa has a garage for 2 cars but also an outdoor parking space, just in front of the garage.  The selection of the interior materials reflects both the building’s simple forms and the attention to detail. The large-format floor tiles mirror the minimalistic styling, which matches the arrangement of the house. This style is emphasized by the modern, frameless interior doors and the picture windows. The well-thought-out greenery concept, combined with the luxurious lighting, completes the modern architecture of the building.

Location

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

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