Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, old stone house for sale, 1.600.000 €

For sale · House · Reference IB-16714

€1,600,000

Key facts

Price
€1,600,000
Price per m²
€15,238/m²
Living area
105 m²
Plot area
186 m²
Rooms
4
Bathrooms
1
202% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

1.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 105 m² that works out to roughly €1,807 per month and €21,687 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

Detached house on two floors in a very attractive location. The house is located near a pebble beach, in the first row to the sea. On the ground floor there is a kitchen, dining room, living room and bathroom. This floor has access to a spacious terrace surrounded by tall pine trees that provide pleasant shade in the summer months. Internal stairs lead to the upper floor, where there are 4 bedrooms, a toilet, and an exit to the balcony with a unique view of the surrounding nature and the sea. The possibility of renting a parking space near the house. This property has a boat mooring.

Location

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

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