Immobalko

Brač · Central Dalmatia · Croatia

Brac, house for sale, 800.000 €

For sale · House · Reference IB-17088

€800,000

Key facts

Price
€800,000
Price per m²
€4,000/m²
Living area
200 m²
Plot area
815 m²
Rooms
6
Bathrooms
4
21% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.2%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 200 m² that works out to roughly €3,445 per month and €41,339 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 villa with an olive grove built of Brac stone only 50 meters from the sea on a plot of 815 m2. It has a wonderful view of the sea. There are a total of 12 olive trees on the plot. The total area is 540 m2, and the residential area is 205 m2 net. While there are still usable areas of the garage 70 m2, storage for garden tools 10 m2, tavern 20 m2, boiler room 15 m2, terraces of 220 m2. The villa has central and solar heating. It has an energy certificate, a dock for a small vessel, approved by the Port Authority in Split, a building permit for a villa and garages. The building is connected to the city sewer system. The price includes an olive grove, in nature a building plot of 690 m2, directly next to the villa with an exit to the main road and 33 olive trees have been planted.

Location

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

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