Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 460.000 €

For sale · House · Reference IB-17090

€460,000

Key facts

Price
€460,000
Price per m²
€1,438/m²
Living area
320 m²
Plot area
1,000 m²
Rooms
3
Bathrooms
2
72% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

14.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 320 m² that works out to roughly €5,508 per month and €66,093 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

Beautiful stone house overlooking the sea, only 100 m from the center of town. The house is located on a plot of 710 m2 of construction, and 300 m2 of agricultural land. Entrance to the house is possible on two sides. The ground floor has 174 m2 and consists of a spacious living room and a bedroom on the one side, while on the other there are two bedrooms, a bathroom with a jacuzzi, and a kitchen with a dining area. From the living room you can access a large courtyard. In the yard there is a swimming pool with a sunbathing area, a seating area, a large fireplace, an outdoor shower, and a beautifully landscaped garden, where you can find a lot of greenery, citrus fruits and a water fountain. Outside stairs lead to another bedroom with a bathroom. The second floor is currently unfinished and has 150 m2 of living space.   The roof offers a beautiful view of the town and the sea. Beautiful wine cellar offers an added value to this property. The house has central heating and is being sold furnished. Distance from the sea: 2 km Distance from the center: 100 m Distance from ferry train: 2 km Distance from the airport: 30 km

Location

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

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