Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 550.000 €

For sale · House · Reference IB-17089

€550,000

Key facts

Price
€550,000
Price per m²
€13,750/m²
Living area
40 m²
Plot area
2,000 m²
Rooms
1
Bathrooms
1
172% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

1.5%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 40 m² that works out to roughly €689 per month and €8,268 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

Stone beauty in the olive grove with beautiful open sea view. The house is situated on 2000 m2 of agricultural land, surrounded by olive trees. The house has 40 m2 of living space. It consists of a kitchen, a living room, a bathroom and a bedroom. There is also a terrace of 15 m2 which offers a beautiful view of the sea and the mainland. On the ground floor there is also a garage. The house was built according to high standards, and excellent hydro and thermal insulation. Every stone of this house ells its story, and when it comes to decorating, every detail, both interior and exterior, was well thought of. The house has gas central heating. In the yard there is an outdoor barbecue grill. Property has vehicle access and parking space for 3 cars.   Distance from the sea: 800 m Distance from the center: 1300 m Distance from the ferry port: 2.5 km Distance from the airport: 30 km

Location

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

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