Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 700.000 €

For sale · House · Reference IB-16195

€700,000

Key facts

Price
€700,000
Price per m²
€4,667/m²
Living area
150 m²
Plot area
106 m²
Rooms
5
Bathrooms
5
8% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

4.4%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 150 m² that works out to roughly €2,584 per month and €31,004 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 house in a good location, ideal for family life, tourist rental or investment, just a few minutes walk from the sea and beaches. The property consists of three fully furnished apartments and an additional separate house, and a summer kitchen, which provides privacy and numerous possibilities for use. The house has three parking spaces. Each apartment has a functional layout, terraces/balconies for enjoying the outdoors. The additional house can serve as a studio apartment for guests. There is also a summer kitchen with a comfortable outdoor space for socializing, which is the greatest convenience and advantage of this house, where everyone has a place and privacy for themselves. Next to the summer kitchen is a pantry, and a bathroom with a bathtub and a washing machine. The house has completely new PVC joinery and is air-conditioned. The house also has a finished attic with a finished project for adding a bathroom and kitchen as 5 residential units with separate entrances. Radiators have been installed throughout the main building with the exception of the attic. The property is ideal for tourism thanks to its excellent location near the sea, restaurants and all necessary amenities, and represents an excellent investment opportunity.

Location

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

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