€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Hvar · Central Dalmatia · Croatia
Hvar, house for sale, 530.000 €
For sale · House · Reference IB-16702
€530,000
Key facts
- Price
- €530,000
- Price per m²
- €2,465/m²
- Living area
- 215 m²
- Plot area
- 717 m²
- Rooms
- 6
- Bathrooms
- 6
51% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
8.4%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 215 m² that works out to roughly €3,703 per month and €44,439 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
Unfinished house in an attractive and quiet location in the first row to the sea. Up to this stage, the house has been built to a very high standard, and very well and practically designed. Installed installations for electricity and water. The house has two floors with a total area of 215 m2. On the ground floor, there is a large living room that is designed in a cascade, has an installed chimney, the possibility of installing a wood stove. There is also a kitchen and 3 large rooms with attached bathrooms on the ground floor. The ground floor is 115 m2 and has high ceilings, which contributes to the impression of an open space. External stairs lead to the second floor of 105 m2 where there are three apartments. The entire plot is surrounded by dry stone walls, and given the size of the plot, the future owner has numerous options for decorating the outdoor space and garden.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
