€120,000Novi Marof · Northern Croatia
Prodaja, Kuća, Novi Marof, Krč, Samostojeća, 84m2
84 m² · 2 rooms
Brač · Central Dalmatia · Croatia
Brac, old stone house for sale, 138.000 €
For sale · House · Reference IB-16752
€138,000
Key facts
- Price
- €138,000
- Price per m²
- €831/m²
- Living area
- 166 m²
- Rooms
- 4
- Bathrooms
- 1
84% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
24.9%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 166 m² that works out to roughly €2,859 per month and €34,311 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
Stone property from 1890. The property is located in a protected "Eco-Ethno" village on Brač, situated in a cove with open views of the Adriatic and the mountains of the Dalmatian hinterland. Conservation protection prevents new construction, a renewable stone property on one plot is an increasingly rare occurrence. The property consists of two buildings that can be arranged as three independent residential units. Main house: Three-storey stone house with four bedrooms and a terrace on the top with an unobstructed view of the valley and the sea. On the ground floor there is a separate tavern of 40 m2 with its own entrance, original wooden door and water connection, suitable for conversion into an independent unit. Stone barn ruin: A detached stone building of 84 m2. A complete ruin, but the floor plan and walls are intact. Conservation permit allows for reconstruction on two floors as independent residential units. The price corresponds to the current condition of all buildings. Environment: Terraced gardens with olive, fig and mature mulberry trees. Both terraces offer sea views. The marina is only a 5-minute drive away. Bol and Zlatni rat are reachable in 30 to 45 minutes. Škrip and Vidova gora are in the immediate vicinity. Three independent units, sea view, protected cultural and historical settlement, a rare combination on Brač at this price. In the location where the property is located, there is no room for new construction that could compete with the existing stone buildings.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
