Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 250.000 €

For sale · House · Reference IB-16164

€250,000

Key facts

Price
€250,000
Price per m²
€1,042/m²
Living area
240 m²
Plot area
300 m²
Rooms
3
Bathrooms
1
79% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

19.8%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 240 m² that works out to roughly €4,134 per month and €49,607 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

Authentic old Dalmatian stone house with a garden, overlooking the sea, located in a quiet location, only 1,000 meters from the sea. The house is spread over three floors, each approximately 80 m2 in size: a konoba on the ground floor, a residential floor and a high attic, providing a total of approximately 240 m2 of space with great potential for decoration. The property has three bedrooms and one bathroom and requires complete renovation, which allows the future owner to decorate according to their own wishes and needs. There is enough space in the garden to build a swimming pool and arrange a Mediterranean garden, ideal for relaxation and enjoyment. The documentation is neat, which allows for a safe and easy purchase and sale. This property represents an excellent opportunity to create a unique family home, holiday home or attractive tourist investment in an authentic Dalmatian setting. Main features: • Authentic old stone Dalmatian house• Sea view• 1,000 m from the sea• Tavern + floor + loft• About 80 m2 per floor• 3 bedrooms• 1 bathroom• Needs complete renovation• The possibility of building a swimming pool• Proper documentation

Location

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

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