Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, apartments for sale, 598.500 € - 680.000 €

For sale · Apartment · Reference IB-16332

€598,500

Key facts

Price
€598,500
Price per m²
€2,920/m²
Living area
205 m²
Rooms
4
Bathrooms
2
42% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

7.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 205 m² that works out to roughly €3,531 per month and €42,372 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

Newly built, luxury apartments with sea views. We offer three top-quality apartments built to high standards, Italian Tuscania tiles, Hansgrohe sanitary equipment, electric shutters, mosquito nets, Magnum underfloor heating in all rooms, air conditioning in all rooms. Each apartment has access to its own private garden located at the back. The property boundaries are delimited by stone walls, which gives a traditional, homely atmosphere. Apartment S2: two-storey, internal living space of 123 m2, consisting of 3 bedrooms, kitchen with living room, 2 bathrooms, toilet, pantry, wardrobe, three balconies totaling 68 m2, garden 79 m2 and parking space. Total: 282.7 m2 Price: 680,000 EUR Apartment S3: two-storey, internal living space of 123 m2, consisting of 3 bedrooms, kitchen with living room, three balconies totaling 70 m2, storage room, 2 bathrooms, toilet, wardrobe, garden 83 m2 and parking space. Total: 289 m2 Price: 680,000 EUR Apartment S4: internal living space of 104.7 m2, consisting of 4 bedrooms, kitchen with living room, 2 bathrooms, hallway, 2 balconies 38m2, garden 50 m2 and parking space. Total: 205.2m2 Price: 598,500 EUR

Location

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

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