Hvar, apartment for sale, 275.000 €

For sale · Apartment · Reference IB-18858

€275,000

Key facts

Price: €275,000
Price per m²: €3,819/m²
Living area: 72 m²
Rooms: 2
Bathrooms: 1
Distance to sea: 878 m
Distance to airport: 16 km

11% below the regional average (Region average: €4,273/m²)Online for 17 days

Investment overview

Estimated gross yield

5.2%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 72 m² that works out to roughly €1,200 per month and €14,400 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 beautiful 72 m2 two-bedroom apartment is available in a modern new-build development, located in a charming town that offers the perfect balance between peaceful everyday living and proximity to all amenities. The apartment consists of a living room and kitchen with access to a south-facing terrace, a bathroom, and two bedrooms with access to a small north-facing terrace. One of the property’s special features is access to a shared swimming pool, where you can enjoy relaxing summer days without having to go to the beach. The apartment also comes with its own private parking space. The location is one of the property’s greatest advantages. Beautiful beaches, well-maintained promenades, and the seaside atmosphere are all within walking distance, while the town centre is just a short distance away.