Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 449.000 €

For sale · House · Reference IB-16753

€449,000

Key facts

Price
€449,000
Price per m²
€4,535/m²
Living area
99 m²
Plot area
238 m²
Rooms
3
Bathrooms
3
10% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.6%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 99 m² that works out to roughly €1,705 per month and €20,463 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

Semi-detached house, not far from the center. It consists of three floors. The ground floor consists of a kitchen, a dining area and a bathroom, a large terrace with a view of the sea. External stairs lead up to the first floor where there are two bedrooms and a bathroom. One bedroom opens onto a terrace with a wonderful view of the town and the sea. Another pair of external stairs lead to the second floor, where there is a bedroom, a bathroom, a living room with a kitchen, from which there is a balcony with a view of the town and the sea. There is a garden behind the house. It is furnished in an artistic style, with a Mediterranean flair. It is sold furnished and has the possibility of renting a parking space 15 meters from the house.

Location

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

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