Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 900.000 €

For sale · House · Reference IB-17134

€900,000

Key facts

Price
€900,000
Price per m²
€20,000/m²
Living area
45 m²
Plot area
360 m²
Rooms
2
Bathrooms
2
296% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

1.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 45 m² that works out to roughly €775 per month and €9,294 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

Charming seafront stone house. This irrestistibly charming stone house in located a 15min car ride from the island's main ferry port. The property is surrounded by olive groves and orchards. Traditional from the outside, luxurious from the inside is the best way to describe this little piece of heaven.  The house contains 2 bedrooms, 2 bathrooms, living room, kitchen and dinig room. The beach and pier for the boat are only few steps away. Spectacular sea views can be enoyed from the sundeck, al-fresco dining area or gazebo.  The property is not connected to mains utilities, but is fully independent with energy sources (solar panels, water tanks). For all the further information please contact our office.

Location

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

Similar properties