€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Šolta · Central Dalmatia · Croatia
Solta, apartment for sale, 400.000 €
For sale · Apartment · Reference IB-17070
€400,000
Key facts
- Price
- €400,000
- Price per m²
- €2,222/m²
- Living area
- 180 m²
- Rooms
- 3
- Bathrooms
- 3
56% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
9.3%
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
For sale we have a part of the house (first floor and loft space), with a total of 3 apartments. Two categorized apartments are located on the first floor of 105 m2 of living space. Each apartment has 1 bedroom, kitchen, living room, bathroom and balcony overlooking the sea. The loft has a large apartment of 84m2 with two bedrooms, living room, kitchen and dining room, bathroom, hallway and terrace with unique views of the sea and islands. The building also has an outdoor storage space and two parking spaces. The apartments are in excellent condition and are being sold fully furnished. The two apartments are categorized and bring great profit. It is possible to continue renting, the business is well-established with exelent reviews. Surrounded by pine trees, beautiful beaches and the center of a small beautiful village is only 150 m away.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
