€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Hvar · Central Dalmatia · Croatia
Hvar, house for sale, 830.000 €
For sale · House · Reference IB-17060
€830,000
Key facts
- Price
- €830,000
- Price per m²
- €1,038/m²
- Living area
- 800 m²
- Plot area
- 720 m²
- Rooms
- 10
- Bathrooms
- 16
79% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
19.9%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 800 m² that works out to roughly €13,780 per month and €165,355 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
Detached apartment house with eleven apartments. Eight apartments are finished and in use, while three are unfinished. In front of the house is a road leading to the city center, and there is also a large parking lot with 6 parking spaces. The building consists of a basement, ground floor, first, second floor and loft space. The plot has 720m2 and the house has about 800 m2 of living space. The whole garden is beautifully decorated and surrounded by a stone wall. Each apartment is fully furnished. The house has solar panels for the use of hot water, as well as built-in air conditioners. The apartments are south oriented, and the whole house is of high quality construction. The building is thermally insulated inside and out. The property is in a great location, close to restaurants, shops and beaches.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
