Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 210.000 €

For sale · House · Reference IB-16345

€210,000

Key facts

Price
€210,000
Price per m²
€3,889/m²
Living area
54 m²
Plot area
24 m²
Rooms
2
Bathrooms
1
23% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 54 m² that works out to roughly €930 per month and €11,161 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

Charming stone house in the village of Gdinj. It consists of three floors of 18m2 each, a total of 54m2. On the first floor there is a kitchen with a dining room and a bathroom, on the second floor there is a large room, and on the third floor there is a room that has access to a terrace with a beautiful view of the sea and the surrounding islands. There is an outdoor shower on the terrace. It has been renovated in a rustic style with many handmade details. Fireplace with the possibility of grilling and baking, heating throughout all floors. Daikin air conditioning is in the attic. There is also the possibility of purchasing a small house. The smaller house, which consists of two floors of 10m2 each, also has electricity. It is currently used as a workshop and warehouse and has a yard with a well of about 25m2. It is possible to equip it according to your own wishes. The purchase price for both houses is 250,000e.

Location

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

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