Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 550.000 €

For sale · House · Reference IB-17100

€550,000

Key facts

Price
€550,000
Price per m²
€3,929/m²
Living area
140 m²
Plot area
640 m²
Rooms
4
Bathrooms
4
22% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

5.3%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 140 m² that works out to roughly €2,410 per month and €28,916 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

This charming 4-bedroom house is located in a beautiful, peaceful environment, some 200 meters from the sea. The house is located on a plot of 639 m2 and has 148 m2 of living space. The house also has two additional buildings of 15 m2 and 20 m2.The 20 m2 building contains a room and a kitchen, while the smaller building serves as a storage. On the ground floor there are two one-bedroom apartments consisting of a bedroom, a kitchen, a dining room and a bathroom. Outside stairs lead to the first floor where there are also two one-bedroom apartments, one of which is unfinished and the other consists of a bedroom, bathroom, kitchen and dining room. All four apartments have balconies and beautiful sea views. The house has a swimming pool, outdoor shower and a fire place. There is also a garden with Mediterranean plants and a children's playground. The house has all the necessary infrastructure and has secured car access. It is located 250 m away from the sea and from the center of the town where there are restaurants, shops, cafes ... For any additional questions please contact our CPS office in Split.

Location

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

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