€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Hvar · Central Dalmatia · Croatia
Hvar, old stone house for sale, 1.100.000 €
For sale · House · Reference IB-17035
€1,100,000
Key facts
- Price
- €1,100,000
- Price per m²
- €2,750/m²
- Living area
- 400 m²
- Plot area
- 36,000 m²
- Rooms
- 2
- Bathrooms
- 1
46% 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 400 m² that works out to roughly €6,890 per month and €82,678 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 property for people who search for peace and solitude with a beautiful view of the open sea, hills and neighboring islands. The ranch/property can be reached by a macadam road ( ca 5 km ) with several parking spaces available on the plot. On the property are two main detached houses, one of them was used as a restaurant ( ca 104 m2 ) with a covered terrace. Inside there is kitchen and open room for guests, two toilets, and another two toilets are outside in the court yard. Opposite the restaurant is the house for guests of cca 100 m2. On the ground floor there is a kitchen, living space, WC, shower, one sleeping room. On the upper floor there is open room with single bed, outside shower. Only a few meters away is a barn of cca 148 m2 where originally horses were kept, that could now also be used now for living, if redesigned. There is also a vineyard on the plot, as well as 20,000 immortelle seedlings, and a lot of lavanda plants.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
