€539,500Rovinj · Istria
Istra, Rovinj- prostran trosoban stan s otvorernim pogledom
116 m² · 3 rooms
Zastražišće · Central Dalmatia · Croatia
Small House with Building Plot, First Row to the Sea – Zastražišće, Hvar
For sale · House · Reference IB-13996
€450,000
Key facts
- Price
- €450,000
- Price per m²
- €10,000/m²
- Living area
- 45 m²
- Plot area
- 801 m²
- Rooms
- 1
- Year built
- 2003
- Distance to airport
- 22 km
98% above the regional average (Region average: €5,049/m²)Online for 11 days
Investment overview
Estimated gross yield
2.1%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 45 m² that works out to roughly €775 per month and €9,294 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
Small House with Building Plot, First Row to the Sea – Zastražišće, Hvar Located in the quiet and secluded Smrićevica bay on the northern side of Hvar Island, this property brings together rare qualities – a legally built structure, direct access to the sea, a building plot within the village boundaries, and a level of natural peace increasingly hard to find. The total land area is 801 m², spread over three connected cadastral parcels. In addition to the existing house, the plot offers real potential for building a new family home or a holiday villa. One of the parcels contains a legally built house of 45 m², constructed with a valid building permit. The house is designed as an apartment and consists of a bedroom with access to the courtyard, a kitchen with dining area, a bathroom, and a hallway. It is connected to the electricity grid, and water is supplied from a central local source – suitable for daily use (except for drinking). Although unfinished, the house can be completed or expanded according to the existing project. In the future, it can serve as an auxiliary building next to a new main residence on the property. The terrain gently rises from the sea, providing unobstructed, open sea views from nearly every part of the plot, including the ground floor of a future building. The land is within the construction zone of the village, allowing for new development. Its shape and size offer flexibility for planning a larger building with added amenities such as a pool or landscaped terraces. Access to the property is via a mostly asphalted road, with the last hundred meters being a wide and stable gravel road, suitable for personal and utility vehicles. In the lower part of the parcel, directly by the sea, the owner uses a prepared space for pulling out a small boat onto a dry berth, adding practical value to the location. Hvar, one of the sunniest Croatian islands, is known for its combination of natural beauty, historical heritage, and modern Mediterranean lifestyle. Beyond well-known towns like Hvar and Jelsa, the island hides numerous small villages and bays that preserve their original charm. The climate is mild and stable, with long, dry summers, making it ideal for year-round living or relaxing holidays. Zastražišće, located inland on the island’s northern side, is one of the oldest and most authentic settlements on Hvar. Its coastal area includes Smrićevica Bay – naturally sheltered and open to the sea, with crystal-clear waters and preserved nature. The bay offers privacy, peace, and a strong spatial presence, further enhanced by the few traditional houses lining the coast. Hvar is well connected to the mainland throughout the year. Regular ferry lines connect it with Split (via the Stari Grad ferry port) and with Drvenik (via the Sućuraj ferry port). In addition to ferries, catamaran lines to the town of Hvar offer fast passenger service without vehicles. The island’s road infrastructure is excellent, ensuring easy access to all major settlements. Zastražišće is located near the main island road, making it both peaceful and well connected. This location offers a rare combination of true tranquility and privacy, along with real potential to create a home or exclusive seaside villa.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
