€120,000Novi Marof · Northern Croatia
Prodaja, Kuća, Novi Marof, Krč, Samostojeća, 84m2
84 m² · 2 rooms
Hvar · Central Dalmatia · Croatia
Hvar, apartment for sale, 150.000 €
For sale · Apartment · Reference IB-16250
€150,000
Key facts
- Price
- €150,000
- Price per m²
- €1,327/m²
- Living area
- 113 m²
- Rooms
- 4
- Bathrooms
- 1
74% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
15.6%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 113 m² that works out to roughly €1,946 per month and €23,356 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
Apartment on the Island of Hvar, only 20 m from the sea. We are offering an apartment located in one of the most desirable areas on the island of Hvar, ideal for vacation, tourist rental, or investment. The property has a total net usable area of 80.10 m2 and features a functional layout consisting of an internal staircase, hallway, bathroom, kitchen with dining area, a spacious living room, and three bedrooms. An additional benefit is the uncovered balcony with a surface area of 2.90 m2 (calculated 0.73 m2), bringing the total area to 83.00 m2 (calculated 80.83 m2). The apartment also includes a basement space of 33.00 m2, offering excellent potential for conversion into a business space, tavern, or additional amenities according to the future owner's preferences. A key advantage of this property is its exceptional location – just 20 meters from the sea, while the beach is only a pleasant 10-minute walk away. The apartment requires renovation, providing the future owner with the opportunity to customize it according to their own style and needs. The roof was renovated 3 years ago, representing a significant saving and added security for the investment.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
