Immobalko

Trogir/Čiovo · Central Dalmatia · Croatia

Trogir/Ciovo, villa for sale, 749.000 €

For sale · Villa · Reference IB-16886

€749,000

Key facts

Price
€749,000
Price per m²
€3,215/m²
Living area
233 m²
Plot area
400 m²
Rooms
3
Bathrooms
4
36% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

6.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 233 m² that works out to roughly €4,010 per month and €48,124 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

Lovely modern villa located on Ciovo island, located just 300 m from the sea. Situated on a plot of 400 sqm, this villa consists of 3 floors and has a total of 233 sqm of living area. It will be sold in said condition, so the new owner will hav eto finish construction on his own.  Starting from the basement, there will be a sauna, hot tub, and a small bathroom with a walk-in shower and toilet.  Above the basement from the outside is a terrace, which will have a covered area and a sitting area for dining and entertainment. Next to it is a swimming pool and a sundeck. Inside the ground floor will have an open concept kitchen and living room/dinning room area, with lots of natural light because of glass windows. Going up to the 1st floor, there will be 3 bedrooms, each with its own bathroom.  Each bedroom will have an open sea view.   Villa will be sold completely finished, with the buyers having a saying in some of the finishings, such as tiles and façade. Furniture will not be included, giving the new owners an opportunity to furnish it on their own.  The location is nice, close to the sea, can be a good rental property but also a lovely family home or second house. Small center with all amenities is 5 min away, while the airport is only 20 min by car.

Location

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

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