€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, 850.000 €
For sale · House · Reference IB-16370
€850,000
Key facts
- Price
- €850,000
- Price per m²
- €1,214/m²
- Living area
- 700 m²
- Plot area
- 1,841 m²
76% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
17.0%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 700 m² that works out to roughly €12,057 per month and €144,686 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
The property consists of several old houses with a tavern and courtyards for which a unified project was made, and a building permit was issued. The plot area is approximately 1,841 m2. It has a sea view. The intention was to create a tourist complex with several rooms/apartments. A property with great potential, located in an authentic environment, ideal for all lovers of traditional architecture. Houses with original stone walls. A complete reconstruction is required (roof, installations, carpentry, interior). The plots offer enough space for a garden, pool or additional facilities, and the position of the house ensures peace, privacy and a unique experience of the Mediterranean ambience.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
