Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 650.000 €

For sale · House · Reference IB-16205

€650,000

Key facts

Price
€650,000
Price per m²
€5,118/m²
Living area
127 m²
Plot area
694 m²
Rooms
7
Bathrooms
3
1% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.0%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 127 m² that works out to roughly €2,188 per month and €26,250 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 detached house located in the center of the town, on a spacious plot of 694 m2. The property consists of three residential units and represents an excellent opportunity for family life, tourist rental or investment. The main apartment on the ground floor includes a hallway, three bedrooms, living room, kitchen, bathroom and separate toilet. On the ground floor there is also an additional one-bedroom apartment consisting of a bedroom, bathroom and kitchen connected to the living room, which provides additional privacy and the possibility of separate use or rental. On the first floor there is another spacious apartment with the same layout - hallway, three bedrooms, living room, kitchen, bathroom and separate toilet. Two large terraces, one oriented to the north and the other to the south, which provide a pleasant space for relaxation throughout the day, give special value to the first floor. The apartments are air-conditioned and have all the city infrastructure. The house is surrounded by a large and landscaped yard with enough space for parking several cars, and the spacious plot also allows for the construction of a swimming pool or additional facilities according to the wishes of the future owner. The property is located near the sea and all important amenities, which makes it extremely attractive for both residential and tourist purposes.

Location

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

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