Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 398.000 €

For sale · House · Reference IB-16946

€398,000

Key facts

Price
€398,000
Price per m²
€3,062/m²
Living area
130 m²
Plot area
1,500 m²
Rooms
1
Bathrooms
1
39% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

6.8%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 130 m² that works out to roughly €2,239 per month and €26,870 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

Residential and commercial building for sale. Conversion into a villa on agricultural land is possible. It consists of a spacious terrace with 40 tables, two fireplaces, associated catering equipment, and a studio apartment in the middle. The facility contains 3 sanitary units. Electricity comes from solar panels, and water is from a well. Land is cultivated with olive and cherry trees. Access is provided by an asphalted road. The property has a spacious parking lot, and the plot is surrounded by stone walls. The distance from the sea is 9 km.

Location

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

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