€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Brač · Central Dalmatia · Croatia
Brac, house for sale, 950.000 €
For sale · House · Reference IB-16337
€950,000
Key facts
- Price
- €950,000
- Price per m²
- €4,318/m²
- Living area
- 220 m²
- Rooms
- 4
- Bathrooms
- 2
15% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
4.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 220 m² that works out to roughly €3,789 per month and €45,473 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
Excellent business opportunity. Semi-detached stone house with an established restaurant in the center of a popular tourist destination. The house is in the first row to the sea. It consists of three floors. On the ground floor there is a restaurant, an established restaurant, fully equipped, ready for a new owner. On the first floor there is a large dining room, kitchen and bathroom. On the second floor there are 4 bedrooms, a bathroom, a living room with access to a terrace with a beautiful view of the town and the sea. This property represents an exceptional opportunity for anyone who wants to start their own business and enjoy the comfort of family life, while at the same time being close to all the necessary amenities in the center of the town.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
