Immobalko

Milna · Central Dalmatia · Croatia

Brač, Milna - estate on 10,000 m2, investment opportunity

For sale · House · Reference IB-14181

€1,499,000

Key facts

Price
€1,499,000
Price per m²
€6,517/m²
Living area
230 m²
Plot area
9,848 m²
Rooms
4
Year built
2017
Distance to airport
19 km
29% above the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

3.2%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 230 m² that works out to roughly €3,959 per month and €47,505 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

Brač, Milna - estate on 10,000 m2, investment opportunity Brač, Milna - fully equipped estate with a pool and sports facilities. On the island of Brač, near Milna, there is a fully finished estate in an elevated position with an open view of the sea and the surrounding natural landscape. The location offers peace and privacy, while still allowing quick access to the town, the marina and other amenities. The main building is a villa designed as a unit for accommodating a larger number of people, whether for private or tourist use. The villa comprises four bedrooms, four bathrooms, an additional toilet, a living room and a modernly equipped kitchen that includes a dishwasher, microwave oven, oven, coffee machine, toaster, refrigerator and ice maker. The space is functionally organised, with a clear division between the living and sleeping areas, and with exits to the outdoor terraces. The building is fully equipped for year-round use. It is fitted with a washing machine, four televisions with satellite programming, all rooms are air-conditioned, and the whole villa is covered by unlimited Wi-Fi. The accommodation capacity allows for up to twelve people to stay without any compromise on comfort. A special value of this property is the grounds, which have been carefully designed and richly equipped. The outdoor area includes a pool of 32 m2, a jacuzzi and a Finnish sauna, two outdoor showers and several zones for relaxing and socialising. The estate also includes a padel court, a basketball court, a bocce court and a mini golf course, as well as an outdoor gym. Additional amenities include table tennis, table football, billiards, darts and a children's playground. There are also two outdoor fireplaces, a summer kitchen and a wine cellar, rounding off the whole space as a self-sufficient unit. The estate is maintained and finished, requiring no further investment, and given its level of equipment, amenities and location it represents a serious option for private use, as well as an investment in higher-category tourist rental. An exchange for a property in the area of Split and its surroundings is also an option, with payment of the difference in value. CREDIT BROKERAGE SERVICE: Opereta ekspert provides a free credit brokerage service, comparing offers from several banks in one place. Our team explains all the options and guides you through the entire process, from consultation to loan disbursement, so that you can make an informed financial decision and save time.

This text was machine translated and reviewed by the agency.

Location

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

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