Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, old stone house for sale, 470.000 €

For sale · House · Reference IB-16602

€470,000

Key facts

Price
€470,000
Price per m²
€3,133/m²
Living area
150 m²
Plot area
67 m²
Rooms
3
Bathrooms
2
38% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

6.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 150 m² that works out to roughly €2,584 per month and €31,004 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 charming stone house with a beautiful garden in the very center, second row from the sea. The house consist of 4 floors, total area of 216m2. There is a storage space with bathroom on the ground floor, which could eventually be a business space or apartment. On the first floor there is a kitchen and living room, there is entrance to beautiful garden with total area of 67m2, surrounded by high stone wall. Internal stairs lead to the second floorwhere is a bedroom, bathroom and toilet, and to the third floor where are two more bedrooms.

Location

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

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