Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 1.500.000 €

For sale · House · Reference IB-17102

€1,500,000

Key facts

Price
€1,500,000
Price per m²
€2,500/m²
Living area
600 m²
Plot area
714 m²
Rooms
14
Bathrooms
14
51% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

8.3%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 600 m² that works out to roughly €10,335 per month and €124,016 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

It is our pleasure to present this hotel, located just 150 meters from the sea. The hotel is located on a land plot of 714 m2. It consists of basement, ground floor and three upper floors.On the right side of the ground floor there is a reception, a storage room and two toilets, and two rooms with a toilet.On the left, you enter the restaurant, which also has a large terrace. The stairs go down to the basement where there are excavations for a pool of 30 m2, laundry room and big refrigerators. On the first and second floors there are 7 rooms on each floor, which in total amounts to 14 rooms and 38 beds. On the top floor there is a large penthouse apartment with a beautiful sea view. This apartment consists of two bedrooms, a bathroom, a living room and a kitchen. Distance from the sea: 150 m Distance from the center: 150 m Distance from ferry port: 200 m Distance to the airport: 28 km For any questions please contact our CPS office on Brac.

Location

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

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