€920,000Rovinj · Istria
Prostrani dvoetažni stan 200m od plaža sa krovnom terasom
203 m² · 4 rooms
Hvar · Central Dalmatia · Croatia
Hvar, house for sale, 1.600.000 €
For sale · House · Reference IB-16150
€1,600,000
Key facts
- Price
- €1,600,000
- Price per m²
- €3,265/m²
- Living area
- 490 m²
- Plot area
- 404 m²
- Rooms
- 10
- Bathrooms
- 10
35% below the regional average (Region average: €5,049/m²)Online for 1 day
Investment overview
Estimated gross yield
6.3%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 490 m² that works out to roughly €8,434 per month and €101,205 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
Apartment house in the town of Hvar, an excellent investment opportunity. This apartment house consists of 8 self-contained apartments, making it an outstanding choice for holiday rentals, boutique accommodation, or a combination of private residence and hospitality business. Thanks to its practical layout and generous capacity, the property offers the future owner numerous possibilities for customization, redevelopment, and business expansion. The house requires partial renovation and modernization, providing an excellent opportunity to upgrade the property to contemporary standards and personal preferences while significantly enhancing its market value and overall appeal.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
