Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, old stone house for sale, 769.000 €

For sale · House · Reference IB-16954

€769,000

Key facts

Price
€769,000
Price per m²
€4,524/m²
Living area
170 m²
Plot area
54 m²
Rooms
4
Bathrooms
3
10% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.6%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 170 m² that works out to roughly €2,926 per month and €35,112 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

Semi-detached stone house in the city center in a quiet location, with a yard. On the ground floor there is a small studio apartment, it has its own separate entrance, a large glass door and a window so there is plenty of light. The studio has approximately 40 m2. From the studio apartment there is a door that connects to the upper floor of the house. Stairs lead to the first floor where there is a kitchen, living room, dining room, separate bedroom, toilet / shower, exit to the yard. Above the yard there is a terrace with a summer kitchen and barbecue grill. The second floor has a separate entrance from the yard, and there are kitchen, living room, dining room, bathroom. Wooden stairs lead to the attic where there are two bedrooms with air conditioning. The house has three residential units that can be connected and separated as needed and a summer kitchen in the yard. The house is in excellent condition, beautifully renovated, ready to move in, in a quiet location near shops, restaurants and everything you need to live.

Location

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

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