Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 1.350.000 €

For sale · House · Reference IB-16536

€1,350,000

Key facts

Price
€1,350,000
Price per m²
€4,592/m²
Living area
294 m²
Plot area
328 m²
Rooms
5
Bathrooms
4
9% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.5%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 294 m² that works out to roughly €5,060 per month and €60,723 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

A beautiful family house in a quiet location with the possibility of building another floor, a ten-minute walk from the center. The house consists of a furnished ground floor of 147m2 and a newly built first floor that is currently in the final stages of decoration, with a total living area of 294 m2, and an auxiliary building in the yard of 23m2. On the ground floor there is a one-bedroom apartment with access to a south-facing terrace and two apartments with access to the yard. On the first floor there is a spacious two-bedroom apartment with three terraces, the view from the south-facing terrace extends to the surroundings, and the sea and islands in the distance.

Location

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

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