€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Split · Central Dalmatia · Croatia
Split, old stone house for sale, 650.000 €
For sale · House · Reference IB-17139
€650,000
Key facts
- Price
- €650,000
- Price per m²
- €4,333/m²
- Living area
- 150 m²
- Plot area
- 243 m²
- Rooms
- 3
- Bathrooms
- 2
14% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
4.8%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 150 m² that works out to roughly €2,584 per month and €31,004 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
We are pleased to offer this detached stone house with a large courtyard in the center of Split, 5 min walking from Riva and the Palace. The house was built in 1830, and 10 years ago completely new electrical and water installations were placed. It was redecorated then, but could do with a more modern makeover now, but despite that, is completely habitable. Land plot area is 243 m2, and there is enough space outside to build a large swimming pool and patio. Total living area is 90 m2 + 3 garden sheds for storage (in total 60 m2). Ground floor has a living room and dining room, kitchen, hallway and bathroom. On the 1st floor there is a hall, one bedroom, bathroom and two terraces. 1st floor has a separate entrance but it is also connected with the other floors by interior stairs. On the 2nd floor (attic) there are two bedrooms. The house has great potential for a private owner, or for tourists, especially if a pool were installed. Although it is located in the center of the town, it has a good size courtyard/garden and has guaranteed privacy. All necessary facilities such as shops, restaurants and bars are nearby and the nearest parking lot, is 30 meters from the house. The international airport is 40 minutes driving. For further information you can contact us is at your disposal.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
