Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 3.000.000 €

For sale · House · Reference IB-16165

€3,000,000

Key facts

Price
€3,000,000
Price per m²
€4,000/m²
Living area
750 m²
Plot area
5,000 m²
Rooms
40
Bathrooms
45
21% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.2%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 750 m² that works out to roughly €12,918 per month and €155,020 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

On a prestigious location in the first row by the sea, a former hotel is for sale, a recognizable landmark of the area and an exceptional development opportunity for a luxury tourism project. Situated among pine trees, with a south-facing orientation and an open sea view, the property offers peace, privacy, and an authentic Mediterranean atmosphere in an unspoiled natural setting. Beautiful, numerous beaches are accessible on foot in just 15 minutes via seaside promenades and natural paths, while nearby there are also hiking and cycling routes through preserved landscapes. The character of the place is defined by the charm of a small fishing village with stone houses and an intimate atmosphere, which further enhances the long-term value of the location. This property represents a rare opportunity for investors seeking a project with clear growth potential, a strong identity, and an exceptional seaside location.

Location

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

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