Immobalko

Milna · Central Dalmatia · Croatia

Brač, Milna, luxury house on a 10,000 m² estate for sale

For sale · House · Reference IB-18554

€2,000,000

Key facts

Price
€2,000,000
Price per m²
€8,696/m²
Living area
230 m²
Rooms
5
Bedrooms
5
Bathrooms
4
Distance to airport
18 km
71% above the regional average (Region average: €5,078/m²)Online for 0 days

Investment overview

Estimated gross yield

2.3%

Based on the rental average in Central Dalmatia of €16.54 per m² and month, drawn from 33 active rental listings. At 230 m² that works out to roughly €3,805 per month and €45,658 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

This luxurious property for sale is located on an estate surrounded by complete silence and untouched nature, just a few minutes' drive from the crystal-clear sea and the center of Milna on the island of Brač. The estate spans 10,000m² and consists of a main villa and three bungalows with a total living area of 230m². It includes 5 bedrooms, 4 bathrooms, a guest toilet, a gym, a living room, a fully equipped kitchen, and a terrace with a pool view. The grounds feature a swimming pool with a sunbathing area, a barbecue zone, as well as an outdoor bar and kitchen for summer gatherings and enjoying warm evenings with a glass of excellent wine. This beautiful complex offers numerous additional amenities such as a jacuzzi, a tennis court, a basketball court, a football field, mini golf, billiards, a children's playground, and a wine cellar. Due to its location and rich offerings, this property truly represents a unique opportunity on the market, not only for living but also as a business investment, as it has already been running a successful business for 6 years with loyal returning guests. The villa itself is among the top 5% highest-ranked accommodations. For any additional information or to arrange a viewing, we are at your disposal. In the event of successful mediation by our agency, an agency commission fee applies. Contact for this property: Filip, +385 91 288 0089 For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 15261 Filip Dobranić Mob: +385 91 288 0089 Tel: +385 91 2880 080 E-mail: filip@luvarealestates.com www.luvarealestates.com

Location

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

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