Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 600.000 €

For sale · House · Reference IB-16957

€600,000

Key facts

Price
€600,000
Price per m²
€2,941/m²
Living area
204 m²
Plot area
300 m²
Rooms
6
Bathrooms
4
42% below the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

7.0%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 204 m² that works out to roughly €3,511 per month and €42,134 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 large house partially coated in stone, with beautiful open sea view. It is located on a plot of 300 m2, while the living area is 204m2. It consists of three total floors; ground floor, first floor and attic. On the ground floor there is a one bedroom apartment and a summer kitchen. On the first floor, which is reached by an external stone staircase, there is a central, large apartment consisting of three bedrooms, bathroom, kitchen, dining room and living room with exit to the terrace. The terrace is 27 m2 in size and offers panoramic sea views. In the attic there are two one-bedroom apartments which are also reached by an external stone staircase. One is fully furnished, while the other is unfinished. Each of the apartments has access to its own balcony overlooking the sea. The yard is paved, has two barbecue grills and a beautiful garden with Mediterranean plants and fruits. The house is fully equipped and furnished. All apartments are air conditioned, there is a chimney, for the possibility if you want to put a heating stove. The house is being sold furnished. There is enough space for parking several cars.

Location

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

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