€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Brač · Central Dalmatia · Croatia
Brac, house for sale, 790.000 €
For sale · House · Reference IB-16849
€790,000
Key facts
- Price
- €790,000
- Price per m²
- €3,292/m²
- Living area
- 240 m²
- Plot area
- 1,108 m²
- Rooms
- 6
- Bathrooms
- 3
35% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
6.3%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 240 m² that works out to roughly €4,134 per month and €49,607 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 unique offer of a house in a great location, only 10 m from the beach, a great investment. Precisely because of its location, this property is ideal for tourism businesses such as hotels, hostels, apartments, vacation homes, and the like. The house overlooks the sea and the beach. It consists of a basement that is approximately 100 m2 and should be renovated, while the first floor is arranged and ready for use. The entire house has 240 m2 on a plot of land of 1,108 m2. The upper floor has 6 bedrooms with a total of 15 beds, 3 bathrooms with showers, a kitchen with a living room and a bathroom. The spacious terrace offers a place to look at the real summer atmosphere of the sea, bathers and the beach. In front of the house, it is possible to park a car in the passage, but there is also the possibility of building a parking lot behind the house, since there is a lot of land and access from the back. There is a possibility of adding a floor and enough space on the land to build a swimming pool.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
