Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 495.000 €

For sale · House · Reference IB-16274

€495,000

Key facts

Price
€495,000
Price per m²
€5,323/m²
Living area
93 m²
Plot area
200 m²
Rooms
5
Bathrooms
2
5% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.9%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 93 m² that works out to roughly €1,602 per month and €19,223 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

House with a garden of 133 m2 in the center, an opportunity for renting to tourists or long-term rental. With a total living area of 93 m2, this house consists of a ground floor and an upper floor. The ground floor has a kitchen, bathroom and two bedrooms. External stairs lead to the first floor where there are 3 bedrooms and a bathroom. Two rooms have access to a sunny terrace with a total area of 21 m2. New air conditioning has been installed, a total of 5 units. The house also has a garage that can also be converted into living space.

Location

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

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