€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Brač · Central Dalmatia · Croatia
Brac, house for sale, 750.000 €
For sale · House · Reference IB-16595
€750,000
Key facts
- Price
- €750,000
- Price per m²
- €2,287/m²
- Living area
- 328 m²
- Plot area
- 11,496 m²
- Rooms
- 6
- Bathrooms
- 5
55% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
9.0%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 328 m² that works out to roughly €5,650 per month and €67,796 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
Unique property in a fantastic location. Construction of a magnificent edition has begun for all those who want to enjoy nature far from everything with a beautiful and open view of the sea and mountains. The house is being sold in an unfinished state. It has all the documents and plans as well as the idea of the final project. Two residential buildings have been built, which are connected by a terrace and a swimming pool in the middle. According to the project, building A has 3 bedrooms and 3 bathrooms, and 2 bathrooms are in building B. Building A has approximately 150 m2 of living space (inside), 221 m2 of outdoor space and 78 m2 of basement with underground garage. Building B has slightly less than approximately 100 m2 of living space (inside), and 285 m2 of outdoor space. The entire property is 11,355 m2 in size. It is fenced with a hand-built drywall and has 2 gates. The property is being sold in an unfinished state of construction with an existing project. The building law has been tightened so that buying such a large agricultural land is no longer practically possible, and obtaining a building permit is subject to stricter restrictions, so this is a truly unique opportunity. The advantage of this property is its close proximity to Brač airport.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
