€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Kaštela · Central Dalmatia · Croatia
Kastela, villa for sale, 980.000 €
For sale · Villa · Reference IB-16626
€980,000
Key facts
- Price
- €980,000
- Price per m²
- €4,000/m²
- Living area
- 245 m²
- Plot area
- 513 m²
- Rooms
- 4
- Bathrooms
- 2
21% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
5.2%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 245 m² that works out to roughly €4,220 per month and €50,640 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
Villa under construction in a beautiful location only 150 m from the sea. Two floors with a total of 245 m2 of living area are planned. There is a living room, kitchen, dining room and bathroom on the ground floor, and 4 bedrooms and a bathroom on the first floor. In front of the house is also a swimming pool and a parking space on the garden of 513 m2. Possible to buy this property in the construction phase.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
