€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Hvar · Central Dalmatia · Croatia
Hvar, apartment for sale, 695.000 €
For sale · Apartment · Reference IB-16134
€695,000
Key facts
- Price
- €695,000
- Price per m²
- €6,950/m²
- Living area
- 100 m²
- Plot area
- 175 m²
- Rooms
- 2
- Bathrooms
- 2
38% above the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
3.0%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 100 m² that works out to roughly €1,722 per month and €20,669 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
On an attractive location in the town of Hvar, a two-bedroom apartment of 100 m2 is for sale, featuring a large terrace and unobstructed views of the town and the Pakleni Islands. The apartment is ideal for enjoying Hvar during the summer months, but also represents an excellent investment opportunity for tourist rentals. The apartment can be divided into two separate units if needed, with each unit having its own kitchen. The property is easily accessible by car, and a particular advantage is the four private parking spaces, which are exceptionally valuable in such a sought-after location in Hvar. The town port and city center can also be reached on foot in approximately 10 minutes, offering an ideal combination of accessibility and proximity to all amenities. A special potential lies in the garage, which, subject to verifying the applicable conditions and obtaining the necessary permits, could potentially be converted into a studio apartment, further increasing the property's value and investment potential. Hvar is one of the most prestigious and sought-after destinations on the Adriatic, renowned for its international appeal, crystal-clear sea, excellent gastronomy, and unique atmosphere.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
