Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 1.300.000 €

For sale · House · Reference IB-16960

€1,300,000

Key facts

Price
€1,300,000
Price per m²
€3,258/m²
Living area
399 m²
Plot area
680 m²
Rooms
11
Bathrooms
8
35% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

6.3%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 399 m² that works out to roughly €6,867 per month and €82,410 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

This beautiful villa is situated in an attractive location with open sea views, only 20 m from the sea. Detached house consists of two floors with 5 apartments (2 one-bedroom and 3 two-bedroom), a separate apartment of 80m2 on the ground floor, additional rooms and a garage (35m2). In front of the house there is an outdoor pool, and behind a spacious terrace with barbecue and maintained garden. It has a covered parking for 6 cars. The beach in front of the house is well maintained and has stairs for easier entry into the sea. Nearby are pebble beaches, grocery stores, post office, cafes, restaurants, etc. A large promenade around the whole village offers the possibility of cycling. The house is perfect for a quiet family life with the possibility of earning additional funds due to the internal organization and position of the apartments.

Location

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

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