Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 430.000 €

For sale · House · Reference IB-16738

€430,000

Key facts

Price
€430,000
Price per m²
€8,269/m²
Living area
52 m²
Plot area
132 m²
Rooms
1
Bathrooms
1
64% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

2.5%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 52 m² that works out to roughly €896 per month and €10,748 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 renovated stone house in the center of an authentic Dalmatian town. In the renovation, natural materials were used and attention was paid to every detail. Kitchen elements, cabinets and shelves are made to measure from wood. The living space is very simple and functional. On the ground floor there is a dining room and a kitchen with access to a beautiful terrace. The terrace is spacious, has 70m2 and is very nicely decorated, with beautiful stone details, an old stone wheel that was used in the production of olive oil. The jacuzzi is located in the covered part of the terrace, protected from view. There is a bedroom and a bathroom on the first floor. The bed is also handmade. The house has a parking space.

Location

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

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