Brac, apartment for sale, 195.000 €

For sale · Apartment · Reference IB-19970

€195,000

Key facts

Price: €195,000
Price per m²: €3,679/m²
Living area: 53 m²
Rooms: 3
Bathrooms: 1
Distance to sea: 5.1 km
Distance to airport: 5 km

14% below the regional average (Region average: €4,273/m²)Online for 10 days

Investment overview

Estimated gross yield

5.4%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 53 m² that works out to roughly €883 per month and €10,600 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

Three-bedroom apartment in a quiet street. For sale is a three-bedroom apartment of 53.17 m2. The apartment consists of three bedrooms, a kitchen, a hallway and a bathroom. One of the bedrooms has access to a balcony. It also has a terrace of 14.95 m2, ideal for relaxing, socializing and spending time outdoors. The apartment also comes with a barbecue grill and its own parking space. The property is an excellent choice for an investment for tourist rental with minor modifications and decoration.