€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Brač · Central Dalmatia · Croatia
Brac, house for sale, 580.000 €
For sale · House · Reference IB-16790
€580,000
Key facts
- Price
- €580,000
- Price per m²
- €2,762/m²
- Living area
- 210 m²
- Plot area
- 310 m²
- Rooms
- 5
- Bathrooms
- 3
45% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
7.5%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 210 m² that works out to roughly €3,617 per month and €43,406 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
Exclusive in our offer! It is an excellent investment for private use or business or a combination of both. The owners of the house have been in the business of renting and dealing with tourism for 18 years and very successfully, so with the purchase of a house you also get a well-established business with an excellent profit. Stone house in a fantastic location, only 30 m from the sea, in a quiet place where time seems to stand still. House on 3 floors: on the ground floor is a one-room apartment with a kitchen, bedroom, separate shower, and toilet. Nice sheltered, covered terrace with sea view. On the first floor is an apartment with two bedrooms, a kitchen, a living room, and a newly renovated bathroom with a shower. Stove, i.e. fireplace for wood heating. Beautiful large terrace, covered, with an awning of 29,4 m2 with a spectacular view. On the second floor is an apartment with two bedrooms, a renovated bathroom, a balcony at the front with a view of the sea, and a terrace at the back where there is an outdoor fireplace/grill, an outdoor sink and deckchairs, an ideal space for socializing. There is also a storage room with a dryer, washing machine, tools, etc. Outdoor shower. The garden is cultivated with Dalmatian plants, such as pomegranate, lemon, palms, oleander, etc. In front of the house is a piece of land where it is possible to make a smaller pool of approx. 20 m2. It is also possible to buy a piece of land measuring approx. 100 m2 under the house for a possible dock for a boat or jet ski. Parking is in front of the house.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
