Brac, apartment for sale, 207.000 €

For sale · Apartment · Reference IB-19968

€207,000

Key facts

Price: €207,000
Price per m²: €4,500/m²
Living area: 46 m²
Rooms: 2
Bathrooms: 1
Distance to sea: 5.1 km
Distance to airport: 5 km

5% above the regional average (Region average: €4,274/m²)Online for 9 days

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €16.67 per m² and month, drawn from 31 active rental listings. At 46 m² that works out to roughly €767 per month and €9,200 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

Ground floor apartment with garden, covered terrace and parking - not far from the sea. For sale is a beautifully positioned ground floor apartment, located in a quiet and pleasant environment, just a few minutes away from the sea. The apartment consists of two bedrooms, a living room with kitchen, bathroom, covered terrace and practical storage/laundry room. A special advantage of the apartment is its own garden, ideal for relaxing, socializing or spending time outdoors. The apartment also comes with a spacious covered terrace of 27.53 m2. Its own parking space is also provided. Thanks to its proximity to the sea, the apartment is an excellent choice both for your own living and vacation, and as an investment for tourist rental. Main advantages: • ground floor• 2 bedrooms• storage/laundry room• private garden• covered terrace• parking space• proximity to the sea• quiet and pleasant environment