Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 910.000 €

For sale · House · Reference IB-16163

€910,000

Key facts

Price
€910,000
Price per m²
€6,842/m²
Living area
133 m²
Plot area
270 m²
Rooms
5
Bathrooms
4
35% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.0%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 133 m² that works out to roughly €2,291 per month and €27,490 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 three-storey house consisting of four residential units, ideal for family life, vacation or tourist rental. On the ground floor there is currently a basement for which there is a project to convert into an apartment. On the first floor there are two separate apartments: • a larger apartment with two bedrooms, a kitchen, a separate living room and a bathroom• a smaller apartment with one bedroom, a kitchen and a bathroom• both apartments have exits to a balcony On the second floor there are two separate apartments, each with a kitchen, bathroom, bedroom and balcony. The house boasts a beautiful sea view and is located in the immediate vicinity of the sea. Above the house there is a plot of land that serves as a private parking lot, and around the house there is enough space for building a swimming pool or arranging additional outdoor facilities. Main advantages: • 4 residential units• 3 floors• beautiful sea view• proximity to the sea• parking across the street from the house• possibility of building a swimming pool• excellent opportunity for tourist rental or investment

Location

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

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