€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Kaštela · Central Dalmatia · Croatia
Kastela, villa for sale, 990.000 €
For sale · Villa · Reference IB-16570
€990,000
Key facts
- Price
- €990,000
- Price per m²
- €5,500/m²
- Living area
- 180 m²
- Plot area
- 1,012 m²
- Rooms
- 4
- Bathrooms
- 4
9% above the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
3.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 180 m² that works out to roughly €3,100 per month and €37,205 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
Luxurious villa with beautiful panoramic views, on spacious plot of 1012 m2. The villa consists of four double bedrooms, each with its own bathroom and individual air conditioning. A central living room with an open dining area and a modern kitchen, designed for comfort and functionality. On the outdoor oasis is a private large swimming pool with sun loungers and garden furniture, which ensures complete seclusion. The property is surrounded by greenery, with no neighboring houses overlooking the pool, which guarantees privacy and peace. Total parking for 5 cars - 2 cars with covered parking. The villa is fully furnished and equipped, making it ideal for immediate living or a lucrative rental opportunity. It's a great villa which was built in 2020, fully furnished and equipped, ready for move-in. There is also expansion potential with permission to build a second floor. The upper terrace is already insulated and has a prepared base, providing an opportunity to create a rooftop terrace with sea views or an enclosed glass space for additional amenities. With a total 1000 m2 land, there is even enough space creating an outdoor spa or gym as we were wondering about doing so in the past.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
