Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 1.100.000 €

For sale · House · Reference IB-16698

€1,100,000

Key facts

Price
€1,100,000
Price per m²
€5,093/m²
Living area
216 m²
Plot area
401 m²
Rooms
6
Bathrooms
6
1% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 216 m² that works out to roughly €3,720 per month and €44,646 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

This exceptional property is located in the first row to the sea, in the shade of pine trees. It offers extraordinary outdoor space, tall pine trees in the garden, many flowers, and also very good solutions for decorating the interior of the house. The house has two floors with a total area of 216 m2, with the possibility of adding another floor. On the ground floor there are two apartments that can be converted into one large space if desired. The same situation is on the second floor. Each apartment has an exit to the outside area, a total of four terraces and a balcony, which allows the residents to rest in a natural environment and a wonderful view of the open sea. The total land area is 401 m2. The house has three parking spaces and one garage.

Location

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

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