Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, old stone house for sale, 490.000 €

For sale · House · Reference IB-16276

€490,000

Key facts

Price
€490,000
Price per m²
€3,712/m²
Living area
132 m²
Plot area
58 m²
Rooms
4
Bathrooms
2
27% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 132 m² that works out to roughly €2,274 per month and €27,284 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

Beautifully renovated, charming stone house in the center with a total area of 132m2. It consists of a ground floor and two floors, the space is connected by internal stairs. On the ground floor there is a kitchen with a dining room, a living room, a bathroom and a separate toilet with a laundry area, internal stairs lead to the first floor where there are two bedrooms and a hallway. On the second floor there are two bedrooms and a bathroom. The attic of the house is not used, so there is a possibility of arranging and increasing the living space. The house is located ten minutes from the beaches and pleasant promenades along the sea.

Location

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

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