Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, house for sale, 3.500.000 €

For sale · House · Reference IB-17041

€3,500,000

Key facts

Price
€3,500,000
Price per m²
€14,000/m²
Living area
250 m²
Plot area
1,000 m²
Rooms
7
Bathrooms
6
177% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

1.5%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 250 m² that works out to roughly €4,306 per month and €51,673 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

House in the first row with a private beach and a boat mooring. There is no road between the house and the sea, and privacy is guaranteed. The house is detached, consists of several apartments and has 250 m2 of living space. It consists of one double studio apartment of 24 m2, studio apartment of 18 m2, one bedroom apartment of 28 m2, two bedroom apartment of 35 m2, and deluxe apartment of 20 m2. There are two more private apartments. The house has an old dalmatian traditional tavern and storage next to the house. At the beach there is a small house with a barbecue grill. Mediterranean plants, palm trees, olive trees, etc. are planted on the plot. The property has parking for three vehicles. It is situated in a unique location, some 15 minutes walk from the city.

Location

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

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