€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Trogir/Čiovo · Central Dalmatia · Croatia
Trogir/Ciovo, house for sale, 389.000 €
For sale · House · Reference IB-16314
€389,000
Key facts
- Price
- €389,000
- Price per m²
- €3,242/m²
- Living area
- 120 m²
- Plot area
- 370 m²
- Rooms
- 3
- Bathrooms
- 2
36% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
6.4%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 120 m² that works out to roughly €2,067 per month and €24,803 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
A nice, cozy house on Čiovo island, in a quiet area with lots of green areas. Situated away from crowded areas, so it’s a pleasant location for someone who is looking for peace and tranquility. The house itself consists of 2 floors, around 120 m2 in total, so not too big or small and has a nice outdoor area at the back and a covered area with a BBQ just outside of the entrance. In the ground floor area, we have the 1st bathroom with a shower, a kitchen which is divided from the living room area, that has direct access to the backyard area. Outside is a small auxiliary building, which is basically a laundry room with a washer and dryer and has an additional shower cabin if needed. On the mezzanine, we have the first bedroom, which is quite big, while the other 2 bedrooms are next to each other on the 1st floor. Other bedrooms are similar sizes, with one of them having access to a balcony on the south side. Additionally, on the first floor, there is one more bathroom, this one having a bathtub instead of the shower cabin. There is one more mezzanine floor basically, and it consist of a balcony, that even has a partial sea view and there is a storage area, with a raked roof, that can be converted into another room, for example. Although the house was built in the late 1980s, it is still in good condition and can be used in said capacity. But to get the best out of it, it would require some updating. It has 2 parking spaces, one outdoor and the second in a spacious garage of 20 m2. This would be a nice property for someone who appreciates rest and relaxation. The house is relatively close to the sea and nearby beach, closest grocery shop is a few minutes away by car.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
