Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, villa for sale, 5.000.000 €

For sale · Villa · Reference IB-16718

€5,000,000

Key facts

Price
€5,000,000
Price per m²
€25,641/m²
Living area
195 m²
Plot area
836 m²
Rooms
4
Bathrooms
6
408% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

0.8%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 195 m² that works out to roughly €3,356 per month and €40,276 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

At a distance of 200 m from the sea, in one of the most attractive locations on the island of Hvar, there is this luxurious villa with an extraordinary view of the sea. The living area of the villa is 195m2 and it is located on a plot of land of 836m2. The villa has two floors, consisting of a living room and a kitchen that have excellent communication with the outside space, terrace and pool, it also has four bedrooms with bathrooms, a fitness room, a sauna and two extra bathrooms. In the outer part there is a dining room with an outdoor kitchen and fireplace, and a swimming pool of 58 m2. The property has four parking spaces.

Location

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

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