Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 130.000 €

For sale · House · Reference IB-16668

€130,000

Key facts

Price
€130,000
Price per m²
€565/m²
Living area
230 m²
Plot area
126 m²
89% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

36.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 230 m² that works out to roughly €3,962 per month and €47,540 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

Old Dalmatian house for renovation located in a quiet Dalmatian village. This interesting property consists of two separate houses connected by a bridge. The larger house has three floors of 43m2, the door on the third floor leads to a small bridge that leads to the small house that has two floors of 20m2. On the ground floor of the large house, there is a large space where there was a traditional konoba, part of the wall is made of live stone, which gives the space a special charm. The house has all the necessary infrastructure.

Location

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

Similar properties