Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 130.000 €

For sale · House · Reference IB-16762

€130,000

Key facts

Price
€130,000
Price per m²
€1,368/m²
Living area
95 m²
Plot area
235 m²
73% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

15.1%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 95 m² that works out to roughly €1,636 per month and €19,636 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 great opportunity to buy a small building plot in the center of the town, with an old stone house with an outbuilding. Two one-story houses with a roof, the larger house is 77 m2 and the smaller ruin or auxiliary building is 18 m2, the yard is 140 m2, a total of 235 m2. The object is located in a construction area. There is no view of the sea, but it is very close to the sea and the center of town. All the necessary infrastructure is present. It is possible to upgrade and build a high attic space. It has car access.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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