Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, villa for sale, 1.800.000 €

For sale · Villa · Reference IB-16733

€1,800,000

Key facts

Price
€1,800,000
Price per m²
€3,109/m²
Living area
579 m²
Plot area
530 m²
Rooms
7
Bathrooms
7
38% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

6.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 579 m² that works out to roughly €9,966 per month and €119,587 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

We have a great property in our offer, located on Ciovo island. It is a new build, which should be fully finished by summer 2024. Situated on a plot of 530 m2, this house will consist of 4 floors, with a total of 579 m2 of living area.  On the basement area is a garage for 6 cars, with direct access to the house. On the left end side is a small area, where a gym can be placed.  The main entrance to the house is from the ground floor and there is one entrance from the front and one from the back side of the house.  What is interesting about his property is that it can be a huge house, or it can be split into two and have one living unit on one side and 2 separated apartment units on the other side.  EAST SIDE: Ground floor consists of a living room, dining room and kitchen s one big space, and a guest bathroom near the main entrance. From the living room area is an exit to a spacious terrace in front and one terrace on the side, which leads to an outdoor swimming pool and a sundeck. The 1st floor consists of 2 bedrooms, each with its own bathroom, while one bedroom has its own balcony, with a great sea view. On the 2nd floor is a master bedroom, with its own bathroom and walk-in closet and a spacious balcony, with an even better view of the sea and surrounding area.  WEST SIDE:  On the ground floor is a spa room, with a sauna and an indoor swimming pool.  The 1st floor consists of a private apartment, with 2 bedrooms and bathrooms, kitchen and living room area.  The 2nd floor is same as the 1st floor, a private apartment, but this floor will have direct access to the roof terrace, where owners will have a 360° view.  Since the owners’ plan was to build a home for himself and his family, he has used only the best and quality materials in construction. Floor heating will be installed through the whole house, the whole heating and cooling system is already integrated through the house. Windows will have 5 layers of protection, camera and alarm system, installations for the solar panels on the roof terrace are prepared, outdoor BBQ area with a pergola, covered in Travertino stone and many more interesting amenities.  Location is very nice, not far from the sea, with almost open views from all floors of the house. Since the house was built for living and not selling, you can feel the difference, it gives out a homey vibe.

Location

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

Similar properties