Immobalko

Brač · Central Dalmatia · Croatia

Brac, apartment for sale, 168.000 €

For sale · Apartment · Reference IB-16648

€168,000

Key facts

Price
€168,000
Price per m²
€3,907/m²
Living area
43 m²
Rooms
1
Bathrooms
1
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 43 m² that works out to roughly €741 per month and €8,888 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

Apartment in the attic of a building with a total of 8 apartments. It has a total area of 43.77 m2 and consists of a hallway, one bedroom, bathroom, living room, dining room and kitchen. From the living room there is a 6.58 m2 closed balcony with a wonderful view of the sea. The apartment has all the infrastructure and is sold furnished. It has access by car and a parking space of 12.50 m2. The apartment offers the possibility of year-round living, as it has air conditioning and a wood stove. And there is a place for wood behind the building, where there is a closed plastic box.

Location

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

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