€539,500Rovinj · Istria
Istra, Rovinj- prostran trosoban stan s otvorernim pogledom
116 m² · 3 rooms
Ivan Dolac · Central Dalmatia · Croatia
Located in the heart of the town of Hvar, this authentic stone property represents an exceptional…
For sale · Apartment · Reference IB-13435
€833,750
Key facts
- Price
- €833,750
- Price per m²
- €7,250/m²
- Living area
- 115 m²
- Rooms
- 4
- Year built
- 1850
- Floor
- 2
- Distance to airport
- 23 km
44% above the regional average (Region average: €5,049/m²)Online for 11 days
Investment overview
Estimated gross yield
2.8%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 115 m² that works out to roughly €1,979 per month and €23,752 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
Located in the heart of the town of Hvar, this authentic stone property represents an exceptional investment opportunity in one of the most desirable locations on the Adriatic. For sale are two floors of the house, the second floor and the high attic, within which there are four functional studio apartments, each approximately 25 m² in size. The house was fully renovated in 2018, while retaining traditional Dalmatian elements that give this property a special character and authenticity. The apartments are fully equipped, categorized with 3 stars, and ready for continued tourist operations without additional investments. Thanks to the layout of the space, the property can easily be adapted and converted into a spacious four-bedroom apartment for comfortable family living throughout the year. The excellent location in the strict center of Hvar allows for quick and easy access to the waterfront, restaurants, cafes, shops, beaches, and all the amenities for which Hvar is known worldwide. The clear ownership of a single owner further contributes to the security of the purchase, while the occupancy permit is currently awaiting issuance. Properties of this type and in this location are extremely rare on the market and represent an excellent opportunity for investors seeking a secure property with proven tourist potential and long-term value.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
