Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 265.000 €

For sale · House · Reference IB-16619

€265,000

Key facts

Price
€265,000
Price per m²
€3,897/m²
Living area
68 m²
Plot area
100 m²
Rooms
2
Bathrooms
2
23% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 68 m² that works out to roughly €1,171 per month and €14,055 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

New in our offer! Two stone houses not far from the town and the sea. House of 24 sqm on two floors. On the first floor we have a kitchen, living room and bathroom. Going up the internal stairs to the floor/gallery where there is a bedroom and an exit to the terrace.  On the opposite side is another stone house, also on two floors, with an area of 44 sq m. On the first floor there is a kitchen, a bathroom, a large living room with a dining room. We climb the internal stairs to the floor/gallery where there is a bedroom and an exit to the terrace. In between the houses is a paved courtyard with a fireplace. Both houses are air-conditioned and all the infrastructure is there. There is no car access and no private parking space.

Location

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

Similar properties