€120,000Novi Marof · Northern Croatia
Prodaja, Kuća, Novi Marof, Krč, Samostojeća, 84m2
84 m² · 2 rooms
Hvar · Central Dalmatia · Croatia
Hvar, old stone house for sale, 230.000 €
For sale · House · Reference IB-16432
€230,000
Key facts
- Price
- €230,000
- Price per m²
- €807/m²
- Living area
- 285 m²
- Plot area
- 287 m²
84% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
25.6%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 285 m² that works out to roughly €4,909 per month and €58,908 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
Traditional Dalmatian stone house for complete renovation. The property consists of two buildings, a large stone house and a small dilapidated house in the garden. The large stone house has a total area of 285m2, consists of two taverns on the ground floor and the first and second floors. The small dilapidated house in the garden has an area of 14m2. The property is in a beautiful location, close to the village center.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
