Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 299.000 €

For sale · House · Reference IB-16218

€299,000

Key facts

Price
€299,000
Price per m²
€808/m²
Living area
370 m²
Plot area
1,351 m²
Rooms
2
Bathrooms
1
84% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

25.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 370 m² that works out to roughly €6,373 per month and €76,477 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 Dalmatian stone house situated in an exceptional location near the sea and all amenities. This property offers a unique opportunity to create an exclusive residence or boutique holiday home. It extends over three floors, featuring a traditional tavern/storage area on the ground floor, a residential area on the first floor, and an attic offering additional potential. The ground-floor tavern has approximately 30 m2 with additional storage space, ideal for conversion into a rustic entertainment area or wine cellar. External stairs lead to the first floor where the kitchen, bathroom, and two bedrooms are located, with the kitchen and one bedroom enjoying sea views. In the courtyard, there is an auxiliary building of approximately 20 m2, a traditional water cistern, and a garden, providing additional possibilities for landscaping and customization. Special value is added by the sea view from the kitchen and one bedroom, as well as the additional courtyard building, cistern, and garden that complete the Mediterranean atmosphere. The property requires complete renovation, allowing full customization according to personal standards and vision.

Location

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

Similar properties