€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Hvar · Central Dalmatia · Croatia
Hvar, old stone house for sale, 499.000 €
For sale · House · Reference IB-17081
€499,000
Key facts
- Price
- €499,000
- Price per m²
- €2,819/m²
- Living area
- 177 m²
- Rooms
- 3
- Bathrooms
- 3
44% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
7.3%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 177 m² that works out to roughly €3,049 per month and €36,585 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
Renovated stone house in the center of old town. The house is 586 year old, built in the time of Venice. The house has been renovated to very high standards while retaining the authentic look of the house. All installations are new, each floor has air conditioning unit, and each apartment has its own entrance. On the ground floor there is a business space of 27 m2 and a studio apartment of 23 m2. Outside stairs lead to the first floor, where a separate apartment of 50 m2 is located. On the second floor there is another spacious apartment of 50 m2. The whole house is stylishly furnished and perfectly fits into the whole story of this property. It is located just a few steps from the sea and the beach, and close to restaurants, cafes, bakeries, shops, ferry port, etc. For any questions please contact our CPS office on Hvar.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
