€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Brač · Central Dalmatia · Croatia
Brac, apartment for sale, 498.000 €
For sale · Apartment · Reference IB-16633
€498,000
Key facts
- Price
- €498,000
- Price per m²
- €3,891/m²
- Living area
- 128 m²
- Rooms
- 7
- Bathrooms
- 2
23% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
5.3%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 128 m² that works out to roughly €2,205 per month and €26,457 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
Two luxury apartments with a garage, in a quiet location. They are located on the western half of the building. In the basement there is a garage with a toilet of 39.60 m2. On the ground floor there is an apartment with an area of 63.60 m2. It consists of a kitchen, dining area, living room, bathroom, utility room, two larger bedrooms and one smaller one. The living room opens onto a huge terrace with a partial view of the sea. The entrance to the apartment on the ground floor is possible from two sides. In the rear, southern part in front of the entrance is a terrace of 43.65 m2 with a stone dining table, deckchairs, a fireplace and a garden. External stone stairs lead up to the first floor, on which there is an apartment of 64.94 m2 and consists of a hallway, two bedrooms, bathroom, kitchen, living room, dining area. The dining room leads to a balcony of 10.72 m2 with a wonderful view of the sea. The apartments are comfortable, quality built, luxuriously furnished. Luxury is not only in the details, but also in the quality of the materials. They have air conditioners and a wood-burning stove, so the possibility of year-round living is possible without additional investments. The apartments are ready to move into and designed to provide a luxurious experience.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
