Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 3.600.000 €

For sale · House · Reference IB-17093

€3,600,000

Key facts

Price
€3,600,000
Price per m²
€6,000/m²
Living area
600 m²
Rooms
14
Bathrooms
10
19% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

3.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 600 m² that works out to roughly €10,327 per month and €123,925 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

Beautiful apartment villa in the first row to the sea. The villa is located on a plot of 836 m2, consisting of eight luxury apartments, each with its own separate entrance. The villa is spread over three floors and is made of autochthonous Hvar stone. The basement consists of an engine room that includes a laundry room, boiler room and a solar water heating system. The apartments range from 40 to 150 m2 and consist of a kitchen, one or two bedrooms, a living room, a bathroom and a terrace overlooking the sea and pine wood forrest. Each apartment is luxuriously equipped including air conditioning, satellite TV and high quality appliances. All apartments are carefully designed in a combination of rustic and modern style, and the uniqueness of each one is accentuated by the custom made furniture.The beautiful cultivated garden is enriched with Mediterranean plants. Next to the house there is a small pool of 30 m2, a sunbathing area, two barbecue grills, and is an ideal place for escape from everyday life and full enjoyment of nature. The clear blue sea and the beach with deck chairs are only 30 meters away while partly rocky, partly pebble beach at the end of the bay offers complete privacy.

Location

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

Similar properties