Immobalko

Brač · Central Dalmatia · Croatia

Brac, apartment for sale, 300.000 €

For sale · Apartment · Reference IB-16481

€300,000

Key facts

Price
€300,000
Price per m²
€4,688/m²
Living area
64 m²
Rooms
2
Bathrooms
1
7% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 64 m² that works out to roughly €1,102 per month and €13,219 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 on the ground floor of a family house. The living area is 64 m2. It consists of a living room, kitchen, dining area that forms a whole, and a hallway, two bedrooms and a storage room. One bedroom has access to a balcony. There is one air conditioner in the living room. The apartment was renovated in 2018, new electricity, water, windows were installed... In front of the entrance there is a small terrace that also belongs to the apartment. The apartment also has one parking space. The apartment is in the process of being divided into condominiums.

Location

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

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