Immobalko

Brač · Central Dalmatia · Croatia

Brac, apartments for sale, 620.000 € - 690.000 €

For sale · Apartment · Reference IB-16887

€620,000

Key facts

Price
€620,000
Price per m²
€5,536/m²
Living area
112 m²
Rooms
3
Bathrooms
3
10% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.7%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 112 m² that works out to roughly €1,929 per month and €23,150 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 offer, luxury apartments available in September 2023. They are situated in a great location, 60 m from the sea. The main project consists of a basement, ground floor, and two floors. The basement contains a technical room, a storage, a laundry, a sauna and a gym. Ground floor - 690,000 €The ground floor apartment consists of 3 bedrooms with bathrooms, toilet, living room and dining room, kitchen, and 3 terraces.The ground floor also belongs to the pool. First floor - € 620,000The first floor apartment consists of 3 bedrooms with bathrooms, toilet, hallway, living room and dining room, kitchen, entrance area and 2 balconies. Second floor - € 690,000The second floor apartment consists of 3 bedrooms with bathrooms, toilet, hallway, entrance space, living room and dining room, kitchen, and 3 balconies. Each apartment belongs to 2 parking spaces, have a sea view and a guarantee for 10 years. The apartments should be finished and ready to move in until 01.07.2024. years.

Location

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

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