Immobalko

Sutivan · Central Dalmatia · Croatia

Historical stone house near the sea, Sutivan, island of Brač

For sale · House · Reference IB-14002

€895,000

Key facts

Price
€895,000
Price per m²
€2,355/m²
Living area
380 m²
Plot area
212 m²
Year built
1800
Distance to airport
20 km
53% below the regional average (Region average: €5,049/m²)Online for 11 days

Investment overview

Estimated gross yield

8.8%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 380 m² that works out to roughly €6,540 per month and €78,486 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

Historical stone house near the sea, Sutivan, island of Brač In a quiet street, there is a traditional house that spans four levels – basement, ground floor, first floor, and attic. The total area is approximately 380 m2, with an additional 40 m2 in the attic. The property has guaranteed access and a garage, which is a true rarity in old town centers. During 2014, the house was partially renovated – the roof was reconstructed and the stone facade was renovated – while the interior awaits final decoration according to the wishes of the future owner. The house offers two potential design concepts: it can be transformed into a luxury villa with a spacious living area, four or more bedrooms, a wellness area, home cinema, or gym, making it a perfect private retreat or a highly profitable tourist investment. Alternatively, it is possible to arrange two completely separate residential units – ideal for a combination of private living and rental. Terraces from the upper levels provide an open view of the sea and the old town core, while the sea is just a few dozen steps away. Sutivan is a charming coastal town on Brač, known for its pebble beaches, olive groves, and relaxed lifestyle. Nearby, there are restaurants, shops, cafes, and promenades along the coast. The town is excellently connected by daily ferry and catamaran lines to Split, and additional accessibility is provided by Brač Airport. This property combines authentic character with the possibility of modern renovation, making it an excellent opportunity for those seeking something special.

Location

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

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