Immobalko

Brač · Central Dalmatia · Croatia

Brac, villa for sale, 2.800.000 €

For sale · Villa · Reference IB-17069

€2,800,000

Key facts

Price
€2,800,000
Price per m²
€5,600/m²
Living area
500 m²
Plot area
10,400 m²
Rooms
6
Bathrooms
5
11% above the regional average (Region average: €5,051/m²)Online for 1 day

Investment overview

Estimated gross yield

3.7%

Based on the rental average in Central Dalmatia of €17.22 per m² and month, drawn from 28 active rental listings. At 500 m² that works out to roughly €8,612 per month and €103,347 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

Beautiful, newly built villa in the first row to the sea. It extends over a large plot of 10,400 m2. It has a living area of 500 m2 and is spread over two floors. The ground floor is a two bedroom apartment with a terrace and another, unfinished, two bedroom apartment. On the first floor there is a garage, a large three bedroom apartment with a terrace and a smaller one bedroom apartment. The house is well built and is being sold furnished. The foundations for an auxiliary building of 100 m2 have been laid, as well. The property has car access and several parking spaces. Distance to the sea: 30 m Distance to center: 1 km Distance to airport: 15 km Distance to the ferry port: 1 km

Location

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

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