Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 495.000 €

For sale · House · Reference IB-16204

€495,000

Key facts

Price
€495,000
Price per m²
€4,125/m²
Living area
120 m²
Plot area
270 m²
Rooms
5
Bathrooms
2
18% below the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

5.0%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 120 m² that works out to roughly €2,067 per month and €24,803 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

An interesting stone house formed from a large farmhouse and outbuilding, with stone walls, polished wooden beams and floors. It is located on a plot of 270 m2 and consists of the main house and an additional house. The main house is on two floors, with a tavern on the ground floor running the entire length and can be converted into any space according to the buyer's wishes. On the first floor there is a large living room, bathroom, kitchen and dining room.From the living room there is an exit to the balcony from which you can descend to the pool and sundeck. Internal wooden stairs lead to the upper floor where there are four bedrooms and a bathroom. The master bedroom has a balcony with a view of the sea. The property also includes a smaller stone house, which is also on two floors. On the first floor of the small house there is a kitchen, dining room, living room and bathroom. Internal stairs lead to the floor where the bedroom is located. The outdoor space is designed for enjoyment: a covered outdoor dining area, an enclosed fireplace and traditional stone details create an authentic Dalmatian atmosphere. In the center of the paved courtyard is a swimming pool with a sunbathing area. The property also includes an additional storage room, which further increases functionality.

Location

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

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