€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-16940
€1,100,000
Key facts
- Price
- €1,100,000
- Price per m²
- €3,254/m²
- Living area
- 338 m²
- Plot area
- 1,140 m²
- Rooms
- 4
- Bathrooms
- 4
36% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
6.4%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 338 m² that works out to roughly €5,822 per month and €69,863 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 in Kastela, south facing, with a wonderful view of the sea, located about 200 m above the main road on a plot of 1,140 m2. The living area is 338 m2, and consists of a basement, ground floor and first floor. In the basement there is a lounge area, a boiler room, two rooms, which serve as a storage, an area for entertainment and billiards, and a toilet. The basement can easily be made into a very comfortable two-room apartment if desired by the future owner. The ground floor consists of an entrance hall, a hallway, two bathrooms, two bedrooms, a kitchen with a pantry, a dining room and a large living room with direct access to the south-facing terrace, and a loggia, closed with a sliding wall, on the east side. The first floor of the house, which is connected by an internal staircase to the ground floor and the basement, has the same layout as the ground floor. It contains an entrance hall, hallway, two bedrooms, two bathrooms, kitchen, dining room and a large living room with two terraces. Each floor of the house has two air conditioners, and there are installations for underfloor heating in the bathrooms and kitchens, which is connected to the central heating. The 32 m2 outdoor pool has a heating and massage system. The garden and yard are beautifully and richly decorated. The villa has a table tennis court, mini football, children's playground, barbecue and a gazebo for relaxing in the shade. There is also a garage, and additional parking for at least eight cars, one part of which is covered. Only high-quality materials were used in the construction and furnishing. The villa is sold fully furnished.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
