€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Brač · Central Dalmatia · Croatia
Brac, old stone house for sale, 425.000 €
For sale · House · Reference IB-17094
€425,000
Key facts
- Price
- €425,000
- Price per m²
- €2,014/m²
- Living area
- 211 m²
- Plot area
- 240 m²
- Rooms
- 5
- Bathrooms
- 4
60% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
10.3%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 211 m² that works out to roughly €3,634 per month and €43,612 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 beautiful stone house in the old town with a sea view. The house has a residential area of 211 m2 and consists of 4 apartments. The house has two separate entrances. On the ground floor there is an apartment of about 50 m2 and consists of a kitchen with living room, bedroom and bathroom. The entrance to the second apartment is located to the right of the main entrance, and the wooden stairs are leading up to it. The apartment is 40 m2 and consists of a kitchen, a living room, a bedroom with a balcony of about 7 m2. The apartment is beautifully decorated in a combination of stone and wood. The third apartment has 50 m2, and consists of a bedroom with a sea view, a kitchen, a living room, a bathroom and another bedroom with a large glass wall that provides the light and allows you to go out on the terrace. To the right of the main entrance there is a studio apartment of 18 m2. The studio also has access to a large terrace of 50 m2 and a wonderful sea view. The house has vehicle access but is located in the pedestrian zone. Parking is located 20 m from the house. All pipes and instalations were replaced, and new insulation on the house was set two years ago. Distance from the sea: 150 m Distance from the center: 150 m Distance from the airport: 32 km Distance from the ferry port: 13 km
Location
The map shows the approximate area. The exact address is provided by the agency on request.
