€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Brač · Central Dalmatia · Croatia
Brac, old stone house for sale, 320.000 €
For sale · House · Reference IB-16974
€320,000
Key facts
- Price
- €320,000
- Price per m²
- €4,051/m²
- Living area
- 79 m²
- Plot area
- 831 m²
- Rooms
- 1
20% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
5.1%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 79 m² that works out to roughly €1,361 per month and €16,329 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
Old stone house for renovation, close to the center. House is in need of renovation and the land is overgrown with bushes and small trees. Electricity, water, sewage is not present, but there is a possibility of connection. The property has high stone walls and the land is north oriented. Highlight of the property is the land on which you could built a villa with a pool and there is a possibility of expanding the access road, so a vehicle can reach it. Property is situated close to the main road.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
