Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 800.000 €

For sale · House · Reference IB-16900

€800,000

Key facts

Price
€800,000
Price per m²
€3,200/m²
Living area
250 m²
Plot area
200 m²
Rooms
3
Bathrooms
4
37% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

6.5%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 250 m² that works out to roughly €4,306 per month and €51,673 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

Newly built, stone-clad house in the most attractive village on Hvar. The house is surrounded by a stone wall, a swimming pool, a private parking place under the house, and an olive grove under the parking lot, and a view of the sea. The house consists of 3 floors. On the ground floor there is a living room, a sauna, one bathroom, one bedroom, a storage room. On the first floor there is one bathroom, kitchen, dining room and open-plan living room, exit to a terrace of approx. 20 m2 with a view of the hills and the sea. Internal stairs lead to the top floor, where there are two bedrooms, each with its own bathroom. The house is in excellent condition and has been categorized with 5 stars. It was built in 2018 and top-quality construction materials were used, as well as designer furniture in the decoration. Across the road there is a private parking lot and below it an olive grove of approx. 439 m2.

Location

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

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