Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, old stone house for sale, 570.000 €

For sale · House · Reference IB-16467

€570,000

Key facts

Price
€570,000
Price per m²
€5,816/m²
Living area
98 m²
Plot area
280 m²
Rooms
3
Bathrooms
1
15% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 98 m² that works out to roughly €1,688 per month and €20,256 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

Beautiful renovated stone house with a swimming pool in the center. It consists of a ground floor and one floor. On the ground floor there is a kitchen with a wood-burning fireplace, a living room, a utility room for storage. The living room has an exit to an idyllic Dalmatian courtyard. On the first floor there are three bedrooms and a bathroom, as well as a terrace with a beautiful view. Furniture made of wood and stone details give this property a special warmth and charm. The swimming pool is located a few meters from the house, in a spacious courtyard.

Location

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

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