Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 1.300.000 €

For sale · House · Reference IB-16647

€1,300,000

Key facts

Price
€1,300,000
Price per m²
€5,909/m²
Living area
220 m²
Plot area
370 m²
Rooms
4
Bathrooms
5
17% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.5%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 220 m² that works out to roughly €3,787 per month and €45,439 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

Luxury newly built house in a quiet location near the sea, promenades and beaches. The property consists of a house on two floors, a large beautiful garden, a swimming pool with salt water and a gym in the basement. The house provides exceptional comfort, privacy and luxury. On the ground floor there is a living room, dining room and open kitchen, bedroom and bathroom. Internal stairs lead to the first floor where there are three bedrooms with their own bathrooms. From this floor there is a view of the bay and the pine forest. A special detail is the high windows that bring a part of nature into the space. Since it is a smart house, the equipment that this property has is impressive. It has underfloor heating, complete heating and cooling that is controlled by the application via a heat pump, thus achieving 60% energy savings. It also has a saltwater chlorination system for a chemical-free pool, a 40m3 underground rainwater tank, a water softener, integrated blinds, and windows that reflect salt and sun. There is also an outdoor kitchen and parking for three cars.

Location

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

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