€460,000Bale · Istria
KRMED-BALE- ROVINJ-kombinirano zemljište
8,650 m² plot
Brač · Central Dalmatia · Croatia
Brac, old stone house for sale, 775.000 €
For sale · House · Reference IB-17091
€775,000
Key facts
- Price
- €775,000
- Price per m²
- €2,583/m²
- Living area
- 300 m²
- Rooms
- 5
- Bathrooms
- 5
49% below the regional average (Region average: €5,051/m²)Online for 1 day
Investment overview
Estimated gross yield
8.0%
Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 300 m² that works out to roughly €5,167 per month and €62,008 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 villa in a quiet pedestrian zone in the center of town. The house was built more than 150 years ago, recently restored, with a traditional look but with modern elements in the interior. It consists of ground floor and three upper floors, and has approximately 300 m2 of living space. Entrance to the ground floor is enabled from three sides. On the ground floor there is an apartment with one bedroom, living room, kitchen and bathroom. Stone staircase leads up to the first floor. It consists of two apartments. One is a one-bedroom apartment, consisting of one bedroom, kitchen, bathroom and living room which has access to a balcony offering a beautiful view of the place and the sea. The other is a studio apartment that has a bathroom, a kitchen and a bedroom, and has a sea view. Both apartments have access to the terrace which is spacious, paved with stone and beautifully decorated. It is surrounded by stone pillars giving it a romantic touch, and the scent of Mediterranean plants and herbs stretches across the terrace. Stone stairs lead to the second floor, where there is a spacious apartment consisting of a kitchen, a living room, a bathroom, and a bedroom. Living room has access to the terrace overlooking the sea and the town. The interior wooden stairs lead up to the last floor. It consists of two bedrooms with sea views, bathroom, and a closed balcony that has a beautiful view of the town and the sea. The villa has 5 air conditioning units, is being sold furnished, and has all the necessary infrastructure. The property has no vehicle access, and parking is available on the road nearby. Distance from the sea: 20 m Distance from the center: 20 m Distance from the ferry port: 20 km Distance from the airport: 30 km
Location
The map shows the approximate area. The exact address is provided by the agency on request.
