€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Kaštela · Central Dalmatia · Croatia
Kastela, villa for sale, 1.100.000 €
For sale · Villa · Reference IB-16352
€1,100,000
Key facts
- Price
- €1,100,000
- Price per m²
- €4,280/m²
- Living area
- 257 m²
- Plot area
- 940 m²
- Rooms
- 3
- Bathrooms
- 3
15% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
4.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 257 m² that works out to roughly €4,427 per month and €53,120 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
Modern luxury villa with swimming pool and sea view. It is located on a plot of 940 m2 and spreads over two floors (257 m2). On the ground floor there is a spacious glazed living room, kitchen with dining room and bedroom with bathroom. The southern orientation and sliding walls provide plenty of light and connect the interior and exterior space with the possibility of exit to the outdoor pool (30 m) and sundeck. Internal stairs connect the upper floor where there are two more bedrooms with bathrooms. Each room has its own exit to the terrace with a beautiful view of the sea. The villa also has two additional rooms that can be used as a storage room, laundry room and walk-in wardrobe. On the large garden there is a swimming pool, seating area, barbecue, garden with Mediterranean plants and parking for several cars. The villa was built with the highest quality materials, it is luxuriously decorated with designer furniture and quality household appliances. There is a project for upgrading with a separate entrance, if there is interest in expanding the space. The villa is located only a kilometer from the sea and the center of a small town with all the necessary facilities.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
