Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, old stone house for sale, 410.000 €

For sale · House · Reference IB-16416

€410,000

Key facts

Price
€410,000
Price per m²
€3,037/m²
Living area
135 m²
Plot area
130 m²
Rooms
3
Bathrooms
2
40% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

6.8%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 135 m² that works out to roughly €2,325 per month and €27,904 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

Authentic stone house with pool in the village. This beautifully renovated stone house consists of three floors. The ground floor features a beautiful courtyard with a pool, barbecue area, and outdoor dining and relaxing areas. A beautiful, open, and bright interior of the house in the ground floor where is the kitchen, dining area, and living room. The house has been carefully designed with great attention to detail. Below the kitchen is an old well, which could serve as a wine cellar, storage space, etc. It is currently used as a relaxation room, painted to resemble an aquarium. An internal staircase leads to the upper floor, where there are two bedrooms and a bathroom, with access to the beautiful terrace with a jacuzzi. An internal staircase leads to the top floor, where there are a large bedroom and bathroom. Each room is equipped with air conditioning. There are four air conditioning units in the house. The house is move-in ready.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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