Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 450.000 €

For sale · House · Reference IB-17082

€450,000

Key facts

Price
€450,000
Price per m²
€2,250/m²
Living area
200 m²
Rooms
4
Bathrooms
3
55% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

9.2%

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

Renovated old stone house 100 m away from the sea. The house has 3 floors, and a total of about 200 m2 of living space. On the ground floor there is a kitchen with dining room, living room and bathroom. On the first floor are two bedrooms and a bathroom, as well as on the second floor. Inner staircase leads up to the upper floors. The house is completely finished, equipped and furnished. It doesn't have sea view. The house has all the necessary infrastructure, as well as parking space. For all further information please contact our CPS office on Brac.

Location

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

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