€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Dugi Rat · Central Dalmatia · Croatia
Spacious Multi-Family House Near the Sea, Mali Rat
For sale · House · Reference IB-14178
€900,000
Key facts
- Price
- €900,000
- Price per m²
- €1,557/m²
- Living area
- 578 m²
- Plot area
- 412 m²
- Rooms
- 11
- Year built
- 1965
- Distance to airport
- 18 km
69% below the regional average (Region average: €5,051/m²)Online for 11 days
Investment overview
Estimated gross yield
13.3%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 578 m² that works out to roughly €9,956 per month and €119,469 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
Spacious Multi-Family House Near the Sea, Mali Rat In the area of Mali Rat, there is a large residential house with a total net usable area of 578.34 m², situated on a plot of 412 m². The house is located in a quiet street, with shops, a bus station, essential amenities for daily life, and good transportation links to Omiš and Split nearby. The sea and promenade are within walking distance, just a few minutes away. The property is designed as a multi-family house and is divided into five separate units. The first residential unit is located in the basement, consisting of two rooms, a bathroom, a garage, and a storage area. On the ground floor, there are the second and third units. The second unit includes a hallway, four bedrooms, a kitchen, a dining room, a living room, two bathrooms, an entrance hall, a covered terrace, and an uncovered terrace. The third unit comprises a kitchen, dining room, bedroom, toilet, and a covered terrace. The fourth unit is located on the first floor, accessed via a reinforced concrete staircase. It consists of a hallway, two kitchens, a living area, two bedrooms, two bathrooms, a loggia, an uncovered terrace, and a covered terrace. The fifth unit is located on the second floor and includes a kitchen, dining room, living room, three bedrooms, two bathrooms, a hallway, a pantry, and an uncovered terrace. Structurally, the house is built on concrete strip foundations, 90 cm wide. The exterior walls of the ground floor are made of concrete, combined with broken stone, 35 to 45 cm thick, while the walls of the second floor are made of 20 cm thick concrete blocks with reinforced concrete columns and beams. The ceiling structures are concrete, and the roof is reinforced concrete with an 11-degree slope. All structural elements are designed according to static calculations. The joinery is made of PVC profiles and wooden shutters with double thermal insulation glass. The openings are sized to provide sufficient daylight. This house, with its size, layout, and number of units, offers a great opportunity for a larger family, multiple generations living together, or a combination of residential and tourist rental purposes. The location provides easy access to all important amenities and good transportation connections, as well as proximity to the sea. Additionally, due to the clearly separated residential units, the property has the potential for condominium division. This opens up the possibility for further sale of individual units, depending on the future owner's interest.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
