€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Hvar · Central Dalmatia · Croatia
Hvar, office space for sale, 890.000 €
For sale · Commercial · Reference IB-16864
€890,000
Key facts
- Price
- €890,000
- Price per m²
- €2,129/m²
- Living area
- 418 m²
58% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
9.7%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 418 m² that works out to roughly €7,200 per month and €86,398 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
Large business space in a great location. It is located in the first row to the sea. It has secured access by vehicle. The space is 418 m2 big, and is ideal for, for example, a fitness studio or something similar.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
