€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Hvar · Central Dalmatia · Croatia
Hvar, house for sale, 700.000 €
For sale · House · Reference IB-16144
€700,000
Key facts
- Price
- €700,000
- Price per m²
- €1,842/m²
- Living area
- 380 m²
- Plot area
- 900 m²
- Rooms
- 5
- Bathrooms
- 4
64% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
11.2%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 380 m² that works out to roughly €6,545 per month and €78,544 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
In the old, peaceful part of a coastal town, a unique complex of authentic stone houses is for sale, located directly by the sea and the waterfront promenade. The property consists of a larger stone house connected to a smaller stone house, along with surrounding gardens, courtyards, and terraces that create a truly special Mediterranean atmosphere. The larger house has approximately 80 m2 of net living space distributed over three floors, with the possibility of arranging a spacious attic, while the smaller house offers around 30 m2 and also has potential for expansion. Both houses require renovation, but they represent an ideal foundation for creating a unique residence, holiday home, or attractive tourist property. The property also includes a 350 m2 building plot located 15 meters from the houses, as well as an additional 100 m2 plot located 50 meters away, suitable for parking or other purposes. A special advantage of this property is the private parking area directly next to the house on the waterfront itself, which is a rare feature in historic coastal areas. A special advantage of this property is the possibility of a partial purchase. Since it is owned by two separate owners, the buyer is offered a flexible option – the purchase of one half or the entire property.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
