€1,450,000Stari Grad · Central Dalmatia
Hvar, Stari Grad, luxury house near the sea for sale
140 m² · 4 rooms
Okrug · Central Dalmatia · Croatia
Čiovo, apartment house 540m2 with sea view for sale
For sale · House · Reference IB-18587
€1,400,000
Key facts
- Price
- €1,400,000
- Price per m²
- €2,593/m²
- Living area
- 540 m²
- Rooms
- 16
- Bedrooms
- 16
- Bathrooms
- 10
- Distance to airport
- 6 km
49% below the regional average (Region average: €5,078/m²)Online for 0 days
Investment overview
Estimated gross yield
7.7%
Based on the rental average in Central Dalmatia of €16.54 per m² and month, drawn from 33 active rental listings. At 540 m² that works out to roughly €8,933 per month and €107,196 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
Apartment house for sale on Čiovo. The house is divided into 10 separate units (apartments). Six larger apartments consist of two bedrooms, a kitchen, a bathroom, and a private terrace, while the four smaller ones include one bedroom, a living room, a kitchen, a bathroom, and a private terrace. All apartments are also equipped with air conditioning. The property includes a yard (approx. 200m2) with a designated area for barbecuing and socializing, as well as a separate section reserved for parking (seven parking spaces). This property can be an excellent investment for those interested in tourist rentals, thanks to an already well-established rental business, or it can become a beautiful home for future owners. For any additional questions or to arrange a viewing, we are at your disposal. In the case of brokerage services provided by our agency, there is an obligation to pay an agency fee. For this property, contact: Filip, +385 91 288 0089 For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 15341 Filip Dobranić Mob: +385 91 288 0089 Tel: +385 91 2880 080 E-mail: filip@luvarealestates.com www.luvarealestates.com
Location
The map shows the approximate area. The exact address is provided by the agency on request.
