Immobalko

Hvar · Central Dalmatia · Croatia

Hvar, villa for sale, 3.650.000 €

For sale · Villa · Reference IB-16980

€3,650,000

Key facts

Price
€3,650,000
Price per m²
€13,036/m²
Living area
280 m²
Plot area
8,543 m²
Rooms
5
Bathrooms
5
158% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

1.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 280 m² that works out to roughly €4,823 per month and €57,874 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

This picturesque estate extends over 8.500 m2 and it is located on the north side of Hvar enabling you to enjoy the unspoiled island nature and authentic Mediterranean vegetation. The property is located around 800 meters away from the sea, while the town center is only 4 kilometers away, so you can easily reach all the necessary facilities. This charming estate consists of several rustic houses that are carefully decorated in traditional Dalmatian style and modernly equipped for a pleasant and comfortable stay. The main house has three floors and comprises a spacious living area with fully fitted kitchen, dining room and two bedrooms with bathrooms. On the upper floor, there are two additional bedrooms with bathrooms, and in the basement is  the wine cellar, storage. The three smaller houses include a stone fireplace and a wood-burning stove, dining area, summer kitchen, a laundry room with ironing area, and a double bedroom with a bathroom. The  garden area enriched with authentic plants offers a number of options for relaxation and enjoyment. There is also a 28 m2 heated swimming pool with a sunbathing area. The ideal combination of traditional architecture and modern amenities makes this property truly unique and represents an ideal choice for people who like to be away from big towns and like having privacy in untouched nature.

Location

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

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