Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 750.000 €

For sale · House · Reference IB-16541

€750,000

Key facts

Price
€750,000
Price per m²
€9,375/m²
Living area
80 m²
Plot area
16,500 m²
Rooms
2
Bathrooms
1
86% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

2.2%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 80 m² that works out to roughly €1,377 per month and €16,523 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

Residential building of 80 m2. Located on agricultural land, surrounded by an olive grove and orchard of 16,500 m2. In a prime location, with spectacular views. Vehicle access via asphalt road and a smaller part via macadam road. Solar panels and water tank are present on the plot. The municipality has offered the possibility of connecting electricity and water. On the ground floor there is a garage, kitchen, living room and toilet. On the first floor there are two bedrooms and a bathroom.

Location

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

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