Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 630.000 €

For sale · House · Reference IB-16885

€630,000

Key facts

Price
€630,000
Price per m²
€6,300/m²
Living area
100 m²
Plot area
1,200 m²
Rooms
4
Bathrooms
2
25% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 100 m² that works out to roughly €1,722 per month and €20,669 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

A beautiful house with a large garden in a wonderful, quiet bay, ideal for rest of soul and body. The area of the house is 100 m2 + 52 m2 terrace. It is located on a plot of 1200 m2. The ground floor consists of 2 rooms, kitchen, stay, bathroom, and large covered terrace. Upstairs there are 2 rooms, kitchen, stay, bathroom and pantry. The terraces on both floors are spacious and have a fantastic view of the sea, the bay, the beach and the nearby island. There is also a summer outdoor kitchen, and another kitchen, a total of 4 cooking places with two kitchens in the house. On the lower floor of the cascading terrain there is a covered terrace of 15 m2 with a spectacular sea view. Next to the terrace is a room with barbecue grill, an ideal place to socialize. The house has as many as two density, each 10,000 l. Because there is no infrastructure, the electricity is provided by solar and aggregate as needed, though they plan to connect electricity and water in the near future. There are two overflowing septic pits of 25 m3. The house has TV and satellite, there is no internet, only through cell phones. There are two small facilities on the side of the house, one of which serves as a kitchen and the other as a barbecue grill and a summer kitchen. The house has several storages. The garden and courtyard are cascading and has 12 olives and vines planted. Ideal for a holiday home.

Location

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

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